Carmona Endorses Laffer Curve

TIMELINE

00:00:00	LOWER TAXES EQUALS GROWTH MEANS MORE REVENUE TO THE GOVERNMENT.
00:00:04	SUPPLY SIDE, LAUGHER CURVE, WHAT EVER YOU WANT TO CALL IT.
00:00:08	VALID?
00:00:11	>> MARKETS ARE MUCH MORE COMPLEX THAN THAT.
00:00:14	I AM IN AGREEMENT MARK AND WITH THE CONGRESSMEN THAT WE HAVE TO DO EVERYTHING WE CAN TO LOWER TAX RATES.
00:00:19	WE HAVE DUG OURSELVES INTO A HOLE BECAUSE OF THE FISCAL IRRESPONSIBILITY OF CONGRESS.
00:00:26	OUR GDP IS EXCEEDED BY OUR DEBT.
00:00:28	THE FACT IS WE HAVE TO DO SOMETHING ABOUT IT.
00:00:31	SO WE DO NOT WANT TO RAISE TAXES NOW BECAUSE THAT WILL PUSH US FURTHER INTO RECESSION BUT WE NEED TO START GENERATING INCOME.
00:00:37	ECONOMIC GROWTH AND WE HAVE TO CUT SPENDING.
00:00:40	THAT IS WHAT THE CONGRESSMAN HAS SAID.
00:00:42	I'M SURE MARK FEELS THE SAME WAY.
00:00:45	>> I WOULD NEVER, EVER