HispanicPundit + history + wsj   5

Straight Talk About Christopher Columbus - WSJ
We judge Columbus harshly because the same power that enabled the Europeans to conquer the world also allowed them to impose their views on the world. And the views they imposed are now our views.

Even as the conquest was reaching its zenith in the 19th century, the Europeans were bringing to the world the then-novel idea that one group of people didn’t have the right to impose its will on another group.
chicanoism  history  wsj 
october 2016 by HispanicPundit
The Laffer Curve | John Goodman's Health Policy Blog | NCPA.org
When it comes to raising tax revenues by raising tax rates on the rich, Mr. Buffett would again appear to be on the wrong side of the argument. Between 1921 and 1928, the top marginal income tax rate fell to 25% from 73%. During this period, tax receipts from the top 1% of income earners rose to 1.1% of GDP from 0.6% of GDP. The top income tax rate dropped to 70% from 91% after the Kennedy tax cuts began in 1964, while tax receipts from the top 1% of earners rose to 1.9% of GDP from 1.3% of GDP in the period 1960 to 1968. By the way, these periods were two of the biggest booms in U.S. history…

Since 1978, the top earned income tax rate fell to 35% from 50%, the top capital gains tax rate fell to 15% from 39.9%, and the highest dividend tax rate fell to 15% from 70%. After taking office in 1993, President Clinton virtually eliminated the capital gains tax from the sale of owner-occupied homes and cut government spending as a share of GDP by the largest amount ever.

Meanwhile, the top
goodman  history  taxes  laffer  sidebar  wsj 
january 2012 by HispanicPundit
Opinion: Government Prolonged Depression - WSJ.com
UCLA and University of Pennsylvania economists argue that FDR prolonged the great depression.
fdr  history  wsj  sidebar 
february 2009 by HispanicPundit

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