RAND SIMBERG: Gillespie Versus Chait, On Deficits. “And it’s Nick in a knockout. . . . How can federal revenue increase when we cut taxes? The answer is that we didn’t cut taxes. We increased taxes. What we cut was the tax rate.”
InstaPundit is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon.com.