April 13-19, 2011 - CITY Newspaper

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ART REVIEW: CONTEMPORARY FIBER EXHIBITION @ ROCO 28 CLASSICAL PREVIEW: VOICES’ “ST. JOHN PASSION” 22 CHOW HOUND: BEER, BEER, AND MORE BEER 13 NIGHTLIFE: LUCKY’S SALOON 21 URBAN JOURNAL: MANAGING A SCHOOL DISTRICT

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CROSSWORD 47 SIGN UP FOR BEST BUSKER CONTEST 14

N evergreen • S on of T he S un • T he R ocka z • T he C urious M ystery • V elvet E lvis • S abaton • A N D M O R E M U S I C , PA G E 1 4

April 13-19, 2011 Free

Greater Rochester’s Alternative Newsweekly

Vol 40 No 31

News. Music. Life.

She might be the best Jane Eyre of them all.” FILM REVIEW, PAGE 34

Monroe County’s growth spurts. NEWS, PAGE 4

Water merger a no go. NEWS, PAGE 5

PREVIEW: 2011 Movies on a Shoestring. FILM, PAGE 35

FREE entertainment: City’s Cultural Crawl. GUIDE, INSIDE

360 | 365 George Eastman House Film Festival. GUIDE, INSIDE

COVER STORY | BY DAVID CAY JOHNSTON | PAGE 8 | PHOTO ILLUSTRATION BY MATT DETURCK

Tax myths and tall tales As millions of Americans prepare to file their annual taxes, they do so in an environment of mediaperpetuated tax myths. For three decades we have conducted a massive economic experiment, testing a theory known as supply-side economics. The theory goes like this: Lower tax rates will encourage more investment, which in turn will mean more jobs and greater prosperity — so much so that tax revenues will go up, despite lower rates. For the past decade, we have doubled down on this theory with the tax cuts sponsored by President

George W. Bush in 2001 and 2003, which President Obama has agreed to continue for two years. You would think that whether this grand experiment worked would be settled after three decades. You would think the practitioners of the dismal science of economics would look at their demand curves and the data on incomes and taxes and pronounce a verdict. The Mad Men who once ran campaigns featuring doctors extolling the health benefits of smoking are now busy marketing the dogma that tax cuts mean broad prosperity, no matter what the facts show.


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