Just to suggest another belief (and belief system) that at least approaches that frontier:
“There has not been one tax increase in history that actually raised revenue. And every tax cut, from the 1920s to Kennedy’s to ours, has produced more.”
-Ronald Reagan to David Stockman and Martin Feldstein.
(It is perhaps only coincidental that the year was 1984.)
I remember Reagan claiming that a nuclear test ban treaty couldn’t be enforced because underground tests couldn’t be detected. I had recently learnt in physics class how to do just that with an ordinary seismograph.
Just to suggest another belief (and belief system) that at least approaches that frontier:
“There has not been one tax increase in history that actually raised revenue. And every tax cut, from the 1920s to Kennedy’s to ours, has produced more.”
-Ronald Reagan to David Stockman and Martin Feldstein.
(It is perhaps only coincidental that the year was 1984.)
http://books.google.com/books?id=dBlELVvaj4cC&pg=PA43&lpg=PA43&dq=%22There+has+not+been+one+tax+increase+in+history%22+reagan+stockman&source=bl&ots=MbAlKL-1Xt&sig=FXF-KfDngpgcArtRX5ERD7gvlic&hl=en&ei=oaYFSqL_PKG8tAPXiKn3AQ&sa=X&oi=book_result&ct=result&resnum=1
I remember Reagan claiming that a nuclear test ban treaty couldn’t be enforced because underground tests couldn’t be detected. I had recently learnt in physics class how to do just that with an ordinary seismograph.