Despite Tax Increase, California State Revenues in Freefall – It’s actually because of the tax rate increase. This is only a surprise to the morons in charge in Sacramento. Anyone with any common sense and knowledge of recent history knows that lower tax rates encourage more taxable activities and thus more tax revenues. Higher tax rates have the exact opposite effect, plus they force people to leave the state altogether. This gives Governor MoonBeam 13% of nothing instead of 9% of billions.
New York Times Admits Reaganomics Worked – The truth does occasionally slip out from the DemonRat media.
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