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economic fallacies
linear
right
Economic Fallacies of the Right
1. Everything is linear. The idea that cutting the top tax rate from today's level, 35% ordinary income will produce the same result as a cut like Reagan's 70% to 28%. Many factors play into how well money moves through the economy. The only transactions that produce value directly are purchases...
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by
Austen
on Sat, Sep 29 2012
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