Foundation examines the revenue impact of changes in tax rates .
Full Coverage of US Presidential Election Own Wealth and Poverty by George Gilder and The Way the World Works by Jude Wanniski. Your interview with Paula Zahn last week on FoxNews showed a lot of progress from a supply-side perspective. Of course, Vice President Al Gore's campaign lost no time pouncing on the statement, averring the tax cut would put the U.S. back into the red, drive up interest rates, and put the U.S. economy on an inexorable path to extinction. Higher wage earners had an incentive to comply more and shelter less, making the economy more productive as a result. That is, the boom in the Clinton years is the direct result of cutting tax rates on capital formation, which undid some of the damage done by 30 years of inflation-bracket creep and errors transmitted into the 1986 Tax Act.