July 27, 2009
Deng XioLaffer
Thousand Word Picture:
James Pethokoukis celebrates the Sino-American econo-summit today with a look back:
Chinese and American officials meet today in the latest edition of the “strategic dialogue” between the two nations. Here is an interesting 1998 take from Alvin Rabushka of the Hoover Institution about the role of tax policy in China’s economic ascent.
Let me get this straight. Cut tax rates, get more growth and revenue. You guys ever heard of that?
Economics and Markets Posted by John Kranz at July 27, 2009 5:51 PM
It's working here with the tax credit for new homes and the increase in new home purchases.
Posted by: GK at July 27, 2009 6:53 PMWhat I wouldn't give for a government that spends a LOWER share of GDP year over year. Who is the communist party candidate in 2012 anyway?
Posted by: johngalt at July 28, 2009 1:52 AM | What do you think? [2]