Why Taxing The Rich Promotes Economic Growth

With high taxes, the only way to retain the bulk of the wealth created by a business is by reinvesting it in the business -- in plants, equipment, staff, research and development, new products and all the rest.
Low taxes create an incentive for profit taking.

The real-world effects of tax policy are counter-intuitive.
They run exactly opposite the conventional wisdom.
They defy what the Heritage Foundation calls common sense and what the American Enterprise Institute calls logic.
Reality laughs at the Laffer curve, calls Ronald Reagan wrong and says George W. Bush is a loon.

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