Silicon Valley Exists Thanks to Tax Cuts

We often hear that government created the internet. It's funny what a myth that is, that government had anything to do with creating the technological revolution. Now the real story is that when government was really involved in dominating the technological sector back in the 1950s, it wasn't really producing anything for the American economy. It's when government decided to get a little smaller through the tax rate cuts of the 1960s that Silicon Valley took off.