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There are many reasons there was higher inflation in the 1970s. But that is a complicated story that deals with much more than tax policies.
Lawrence Klein
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Love is much nicer to be in than an automobile accident, a tight girdle, a higher tax bracket or a holding pattern over Philadelphia.
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When you try to figure out what the religious right is, it ultimately comes down either to one man, Pat Robertson, or anyone who believes in a higher being and wants their taxes cut.
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I have heard it said that a complicated childhood can lead to a life in the arts. I tell you this story of my father and me to let you know I am qualified to be a comedian.
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Too large a tax cut, of course, could result in inflation and insufficient future revenues--but the greatest danger is a tax cut too little or too late to be effective.
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