One wonders what kind of pharmaceuticals the Heritage Foundation is into these days, because this is way out there ($): Brian M. Riedl, a policy analyst at the Heritage Foundation, argued in a paper issued Jan. 10 that tax rebates do not stimulate the economy, but lower tax rates do. "High tax rates reduce economic growth because they make it less profitable to work, save and invest. This translates into less work, saving, investment and capital--and that results in fewer goods and services. Reducing marginal income tax rates has been shown to motivate workers to work more." []Riedl wrote. Not only would Riedl fail tenth-grade economics for saying that "tax rebates do not stimulate the economy," but the idea that the economy is currently grinding to a halt because workers don't feel like working is breathtakingly moronic. In December, the unemployment rate bounded from 4.7% to 5.0%. Riedl must assume that workers, facing "high" marginal tax rates, have been asking employers to lay them off. Why does anyone take Riedl and his Heritage Foundation ilk seriously? And how do "experts" from Heritage get invited to testify before the Joint Economic Committee? Heritage Foundation: Tax Rebates Will Not Stimulate The Economy