Discuss politics - join our community by registering for free here! HOP - the political discussion forum

Reply to thread

Message

at the same time a lower tax rate for some people results in alot more spending then a same decrease for others. targets tax reduction is key, for that. And also there is always a point where you can reduce it it more and more, but you get less and less increase in GDP. otherwise we would have a tax rate of half a percent and have the best econ in the world and trillions in new tax streams...Just like you can't tax 100% and think you will make alot of new money for the goverment.

[QUOTE="pocketfullofshells, post: 118842, member: 730"] at the same time a lower tax rate for some people results in alot more spending then a same decrease for others. targets tax reduction is key, for that. And also there is always a point where you can reduce it it more and more, but you get less and less increase in GDP. otherwise we would have a tax rate of half a percent and have the best econ in the world and trillions in new tax streams...Just like you can't tax 100% and think you will make alot of new money for the goverment. [/QUOTE]

Verification