The Norquist Myth

Following is an article by Charles Krauthammer. It sheds some much needed light on what is arguably the most important debate currently being waged in Washington.

I would add to Krauthammer's comments that, historically, whether tax rates on the rich are high (90%) or low (28%), revenues to the federal government remain fixed at approximately 19% of GDP. Therefore, the key to more revenues is a growing economy and policies that promote such growth, as opposed to the policies pursued over the past few years. I fear that in the pursuit of "fairness," progressives will bring the economy down.

The Grover Norquist Tax Myth