Tuesday, December 7, 2010

Bar Stool Economics - Tax Cuts


Here's an interesting illustration of how tax cuts work, for the economically illiterate leftists out there.
http://www.youtube.com/watch?v=Xj7nRc3_EG0

Here is the link to the Mother Jones chart that the speaker refers to:
"Chart of the Day: Tax Cut Fever" by Kevin Drum
http://motherjones.com/kevin-drum/2010/12/chart-day-tax-cut-fever

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