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    <name><![CDATA[David]]></name>
    <location><![CDATA[Duvall, WA]]></location>        
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  <id type="integer">3255106</id>
  <isbn>1416592385</isbn>
  <isbn13>9781416592389</isbn13>
  <ratings_count type="integer">30</ratings_count>
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  <title>The End of Prosperity: How Higher Taxes Will Doom the Economy--If We Let it Happen</title>
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  <link>http://www.goodreads.com/book/show/3255106.The_End_of_Prosperity_How_Higher_Taxes_Will_Doom_the_Economy_If_We_Let_it_Happen</link>
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  <name>Arthur B. Laffer</name>
  <ratings_count type="integer">37</ratings_count>
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    <rating>4</rating>
  <votes>0</votes>
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  <read_at>Sat Jun 06 00:00:00 -0700 2009</read_at>
  <date_added>Sat Jun 06 22:48:57 -0700 2009</date_added>
  <date_updated>Sat Jun 06 22:48:57 -0700 2009</date_updated>
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    <body><![CDATA[A good sound look at how economic practices can help or harm the economy, from Kennedy, Reagan, and Bush's tax cuts that launched a wave of prosperity, to the protectionist tariffs and high taxes of the 1970s and the destructive socialism from Wilson to the New Deal and Great Society and now Obama's bailouts, proposed tax increases, and profligate spending.<br/>There is a solution that will fix or ameliorate many of the mounting problems, which many countries in Europe have successfully adopted: a flat or fair tax (he calculated that 12.1% income and business tax would equal current revenues, not counting for increases prosperity and collections due to the lower tax). This will help make America attractive for investment again, and restore waning prosperity.]]></body>
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