Goofed on the last post, so lets try again!

Can anybody comment on the relationship between tax rates and tax revenues? Seems like the last time lowering tax rates was tried, the increase in economic activity increased tax revenues substantially. And since the (I may have the numbers a bit wrong) the highest percentile of income earners contribute something like 80% of all taxes paid, seems like targeting a tax reduction to those who pay most of the taxes might be a good idea, if your goal is to keep money in the local economy.

Comments anyone?

MarkS