Steve Moore's Keys To Prosperity

-Regaining ProsperityStephen Moore

The Greatest Story Never Told S&P 500: Nominal vs. Real Price Appreciation, semi-log, Jan-66 = 100

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S&P 500 S&P 500, Inflation-Adjusted

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Tax Cuts Attract Capital

Net Inflow of Capital 1970-81 -$650 billion

Net Inflow of Capital 1983-2007 +$5.25 trillion

Source: Bureau of Economic Analysis, Table 1.1: International Transactions

Share the Wealth? Top Marginal Income Tax Rates and Income Tax Share for the Top 1% of Earners 1970-2006

Source: IRS

Top 1 Percent Income Tax Share

Tax Share

Tax Rate

Top Marginal Income Tax Rate

Rich Pay More Than Their Fair Share 2007 Income and Income Tax Shares

40%

Income

23%

Income Tax

12%

3%

Top 1%

Bottom 50%

Tax Rate

The Laffer Curve

Tax Revenue

The Laffer Curve

Real Federal Revenues and the Top Marginal Income Tax Rate

Inflation Rate, 1970-2008

Show Me The Money? Year on Year Monetary Base Growth, bi-weekly, percent, Through December 2008

10 Year Treasury Note Yield October 1955 to February 2009

Education and Medical Prices Skyrocket While Import Prices Drop CPI, Percent Change, 2000 to 2007

Worker Well-Being

The Ever-Improving American Dream Upper and Lower Income Limits for Middle Class Families $80,000 Lower Limit for the Middle Class $70,000 $68,304

Upper Limit for the Middle Class $60,000 $60,477

2005 dollars

$50,000

$30,000

$45,021

$44,800

$40,000

$41,383

$33,408

$20,000

$10,000

$0 1967

1987 Year

Source: Census Bureau

2005

Number of Years It Took for Major Technologies to Reach 50% of American Homes

Guns and Butter: Discretionary Spending Explodes

Where Your Federal Tax Dollar Goes

The Coming Tax Increase Revenues as a Share of GDP

Source: Free Enterprise Fund

Hog Wild Spending Federal Outlays, 2001-2008

Payroll Employment Has Fully Recovered Millions of Jobs, Total Nonfarm Employment, Seasonally Adjusted, January 2000 to August 2007

The World Really is Flat Flat Tax Nations and Their Rates

Albania

10

Kyrgyzstan

10

Bulgaria

10

Latvia

25

Czech Republic

15

Lithuania

27

Estonia

21

Macedonia

10

Georgia

12

Mauritius

15

Guernsey

20

Montenegro

15

Hong Kong

15

Mongolia

10

Iceland

35.7

Prednestrovie

10

Iraq

15

Slovakia

19

Jamaica

25

Romania

16

Jersey

20

Russia

13

Kazakhstan

10

Ukraine

15

Source: Center for Freedom and Prosperity

The Hillary Clinton Tax Form

More 18 to 34 Year Olds Believe in UFOs Than Social Security

How to Create and End an Oil Crisis Price Per Barrel of Oil in 2007 Dollars

Free Countries are Wealthier and Healthier

Future Threats to Prosperity Tax Rates Under Obama

High Corporate Taxes Make the U.S. Uncompetitive

Real Federal Funds Rate Already Low and Falling January 1990 – June 2008

Gold Shows Dollar Weakness and Inflation Risk January 1970 – November 2008

Nixon/Ford 276%

Carter 316%

Reagan -28%

Bush 4%

Clinton -19%

Bush 236%

Dollar at Record Lows Dollar Index, 10 year view