Dollars and Sense: The Magazine of Economic Justice: "Dear Dr. Dollar:
A Republican friend tells me that the huge new tax cuts will actually produce more revenue than the government would have collected before the cut, because once rich beneficiaries invest the money, they will pay taxes on every transaction. He suggested that the increase could be as much as 50% more than the originally scheduled revenues. Is this possible? Judith Walker, New York, N.Y."
:: Jim Nichols 11/21/2003 08:01:00 AM [+] ::
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