Cheney Free Press -

Taxing rich doesn't lead to economic prosperity

Letter to the Editor

 

Last updated 10/10/2019 at 10:01am



In the Oct. 3 edition, Lee Hughes closed his column with “It’s simple: tax the rich.”

The only thing simple in that statement is the nature of Mr. Hughes understanding of economics: simpleton. The fact is, while that may ‘seem’ ideal to increase revenues by taxing the rich, in reality the facts don’t bear out. It has been repeatedly shown that when taxes are are raised on the rich, the total revenues go down and the reverse is also true, when the tax rates go down the revenues go up. It would appear that Mr. Hughes has not worked in a government job where he actually saw the res...



For access to this article please sign in or subscribe.



 

Reader Comments
(0)

 
 

Our Family of Publications Includes:

Powered by ROAR Online Publication Software from Lions Light Corporation
© Copyright 2020

Rendered 09/24/2020 09:00