In January, the association passed a resolution calling on the Library of Congress to drop the subject heading “illegal aliens” and replace it with “undocumented immigrants.” In March, the library’s officials said they intended to replace “illegal aliens” with two new terms: “noncitizens” and “unauthorized immigration.”
The library changes or eliminates thousands of subject headings each year as language, meaning and connotations evolve. The term “Negro,” for instance, was retired as a subject heading in 1975; “insane” was abandoned in 2007 and replaced with “mentally ill.” MORE
If you are a Republican member of the United States Senate, you do everything in your power to suppress that report—particularly when it comes less than two months before a national election where your candidate is selling this very economic theory as the basis for his candidacy.
Initially released on September 14, 2012, the study—authored by Thomas Hungerford who is a specialist in public finance at the C.R.S.—correlated the historical fluctuations of the highest income tax rates and tax rates on capital gains dating back to World War II with the economic growth (or lack of the same) that followed.
The conclusion?
Lowering the tax rates on the wealthy and top earners in America do notappear to have any impact on the nation’s economic growth.