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Economics: Facts & Fiction

Elsworth Toohey.
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Facts:

  1. Higher taxes create job growth
  2. The wealthy don't pay their fair share of the tax burden
  3. All nations/states that incorporate a graduated income tax have robust economic activity
  4. The Laffer Curve is an economic fallacy
  5. Price controls lead to lower costs for consumers


Fiction:

  1. The Democratic Party is a socialist/collectivist party (we are actually a "progressive" party)
  2. Ted Kennedy has killed someone
  3. Capital gains rate cuts help poor people
  4. Iraq had WMDs
  5. Bush won the 2000 election

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Fiction:
All members of the UN are Nixon clones of the new Peoples Red Army in disguise.


 
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