Quote:
The argument that raising taxes causes investment to leave the country doesn't appear to hold true.
(graph)
I don't see any correlation between GDP and highest bracket tax rate.
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This may be but A) you didn't post anything related to foreign investment and B) the nature of foreign investment is extremely different today than 30 years ago. Forbes tells us that most new Billionaires come from Brazil India China and Russia these days. The world has caught up and given investors something to invest in.
I tire. Believe what you want, as you will anyway.
03-11-2011, 01:38 PM
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