THE VIRGINIAN-PILOT
Copyright (c) 1995, Landmark Communications, Inc.
DATE: Saturday, December 9, 1995 TAG: 9512080030
SECTION: FRONT PAGE: A14 EDITION: FINAL
TYPE: Letter
LENGTH: Short : 29 lines
You need a lesson in supply-side economics, because you don't seem to understand the relationship between lower taxes and economic growth. If people have more money to spend, they will buy more things, thus creating the need for products to be produced. In turn, companies will be able to expand and create more jobs, thus creating more taxpayers; and the companies will also pay more taxes because they have made larger profits.
I can't make it any simpler than that. Higher taxes serve as a disincentive for people to work more or to risk money in a start-up business. You can only take so much from the givers before the givers become unwilling to strive for more.
People are tired of ``the more you make the more they take'' machine that our government has become. It's time to return to the principles of our founding fathers. The government should serve the people, not the other way around.
PATRICK W. McKENNA
Norfolk, Nov. 25, 1995 by CNB