In this well written but short essay, Thomas Sowell argues with data that over several generations under four American presidencies, higher tax rates do not always lead to higher tax revenues. In fact, it often actually leads to lower tax revenue. In short Sowell methodically explains how lower tax rates are good for economy and good for everyone.
Download PDF here: https://www.hoover.org/sites/default/files/uploads/documents/Sowell_TrickleDown_FINAL.pdf