For President Obama, a lesson in tax policy

Three videos from the Center for Freedom and Prosperity on the Laffer Curve and why increasing taxes beyond a certain point leads to diminishing returns:

Part 1

Part 2

…and Part 3

Given our experiences with high taxes contributing to deepening the Great Depression on the one hand, and the tax cuts under Harding, Coolidge, Kennedy, Reagan, and Bush the Younger contributing to strong recovery and growth, one would think the argument over best practices would be settled. Unfortunately, it appears that the President, shockingly ignorant of History, needs to do some studying.