<P class=MsoNormal style="MARGIN: 0in 0in 0pt"><FONT face=Arial size=2>Greetings to all!</FONT></P>
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<P class=MsoNormal style="MARGIN: 0in 0in 0pt"><FONT face=Arial size=2>I confess that I had forgotten about the LBO when making my initial list of whom to inform about the new Taxwisdom.org web page.</FONT></P>
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<P class=MsoNormal style="MARGIN: 0in 0in 0pt"><FONT face=Arial size=2>The one that defends the Progressive Income Tax in a theoretically novel way.</FONT></P>
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<P class=MsoNormal style="MARGIN: 0in 0in 0pt"><FONT face=Arial size=2>It offers a presentation of the powerful theory-based arguments that justify the government’s use of progressive income taxation as the preferred method of collecting revenue.</FONT></P>
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<P class=MsoNormal style="MARGIN: 0in 0in 0pt"><FONT face=Arial size=2>After his initial reading of the content of the Taxwisdom.org web page, Cornell economist Robert H. Frank [Luxury Fever (1999), The Winner Take All Society (1995)] said: </FONT></P>
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<P class=MsoNormal style="MARGIN: 0in 0in 0pt"><FONT size=2><FONT face=Arial><SPAN style="mso-spacerun: yes"> </SPAN>“…you can put me on record as saying that your arguments on tax policy are among the best that I’ve seen…”</FONT></FONT></P>
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<P class=MsoNormal style="MARGIN: 0in 0in 0pt"><FONT face=Arial size=2>The arguments are powerful because they are rooted in the same classical assumptions re: market dynamics that have always been championed by conservative economists.<SPAN style="mso-spacerun: yes"> </SPAN>The conservative analytical tradition is used to reveal the ultimate folly of Supply-Side tax theory.<SPAN style="mso-spacerun: yes"> </SPAN>If you think of yourself as an “economic liberal”, this is must reading.</FONT></P>
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<P class=MsoNormal style="MARGIN: 0in 0in 0pt"><FONT face=Arial size=2>We believe the arguments are so compelling; they could be used in these final weeks of the campaign to win over the support of wealthy Republicans who have been tempted to vote for Kerry because of their disdain for Bush, but are afraid that Kerry would raise their taxes.</FONT></P>
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<P class=MsoNormal style="MARGIN: 0in 0in 0pt"><FONT face=Arial size=2>We see a very real chance that these individuals could end up fearlessly investing themselves and their resources in the crusade to remove George Bush from office.</FONT></P>
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<P class=MsoNormal style="MARGIN: 0in 0in 0pt"><FONT face=Arial size=2>Please be reassured that we have no ulterior motives in referring you to the Taxwisdom.org website.<SPAN style="mso-spacerun: yes"> </SPAN>It is simply a place where information can be found.<SPAN style="mso-spacerun: yes"> </SPAN>We want a lot of people to know about it because we believe a lot of good would be achieved if politicians, policy makers, and voters became familiar with the arguments it presents.</FONT></P>
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<P class=MsoNormal style="MARGIN: 0in 0in 0pt"><FONT face=Arial size=2>Your feedback would be very much appreciated…<BR>
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<SPAN style="FONT-SIZE: 10pt; FONT-FAMILY: Arial; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: EN-US; mso-bidi-language: AR-SA"><a href="http://www.taxwisdom.org">taxwisdom.org</a></SPAN><BR>
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<P class=MsoNormal style="MARGIN: 0in 0in 0pt"><FONT face=Arial size=2>Linette Tucker<BR>
linette@taxwisdom.org</FONT></P><BR>
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