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Tax the rich backfires in Connecticut
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Fox Business: Varney & Co on Connecticut’s dismal failure to boost tax revenue, by soaking the rich


Four times in U.S. history, major federal tax cuts on the rich were tried and in every one of those cases, tax revenue increased. That’s right. In every cases, where tax cuts on the rich were tried, revenue increased.

By contrast, we now have Connecticut, trying to soak the rich and seeing serious revenue shortfalls, as a result. Will liberals ever learn?

It’s the rich, who pay the vast majority of all taxes, to begin with. Try to soak the rich, and they’ll just leave.

If you think otherwise, then you really need to read, “The Rich Don’t Pay Tax! …Or Do They?

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Learn how to calculate how little you would pay under the FairTax
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One of the most misunderstood aspects of the FairTax is how the Family Consumption Allowance (the “Prebate”) works. It seems that almost every time I speak, whether in person, or on the radio, someone asks about either the Prebate or what would be their FairTax rate. Since those two issues are effectively joined at the hip, we made this video, to show just how simple it is for you to calculate both your Family Consumption Allowance and your REAL FairTax amount, along with the tax rate that this amount would represent.

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