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...
The word "Nazi" gets thrown around a lot, directed at both sides of the political spectrum. Which side, Left or Right, does it more accurately represent? I considered this after watching a recent "Young Turks" interview with Jonah Goldberg. http://www.youtube.com/watch?v=bVgQTjtpS4Y