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GOP Chooses Progressive Taxation over Sustainable Growth
A hidden, extra 45.6 percent tax bracket, is tucked away inside the GOP plan. They are more concerned with recovering “lost” revenue than with stimulating economic growth. The great Art Laffer’s influence over Republican tax policy has definitively come to an end.
READ MOREMarket Solutions Beat Top-Down Regulation for NYC Taxis
The creation of green “boro taxis” by the New York City government is a classic example of what goes wrong when trying to manage a market from the top down.
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