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re: ? for you economists, if the Feds are taking in a record amount of revenues,
Posted on 6/25/14 at 1:37 pm to 90proofprofessional
Posted on 6/25/14 at 1:37 pm to 90proofprofessional
Is it important to note that the Feds are taking in a record amount of revenues at a time when the economy is shrinking?
Is that good? Is it bad? Is it real bad?
I'd like to think that the Feds would take in record amounts of revenues when the economy is humming, and not when it is receding.
Is it possible that the tax burden on working Americans is too high and it is hurting the economy?
Is that good? Is it bad? Is it real bad?
I'd like to think that the Feds would take in record amounts of revenues when the economy is humming, and not when it is receding.
Is it possible that the tax burden on working Americans is too high and it is hurting the economy?
2
Posted on 6/25/14 at 1:38 pm to doubleb
quote:Rather than if it is good or bad, I think the question may be more accurately framed as, "are they related?"
Is that good? Is it bad? Is it real bad?
IE, is one leading to the other?
Posted on 6/25/14 at 1:41 pm to doubleb
quote:
Is it important to note that the Feds are taking in a record amount of revenues at a time when the economy is shrinking?
Sure, if (1) it's way out of line with the typical proportion of government revenues as a piece of the size of the total economy and (2) the shrinking is sustained.
quote:
I'd like to think that the Feds would take in record amounts of revenues when the economy is humming, and not when it is receding.
True. So this may be a sign that when things really do finally get humming again, revenues will be gigantic.
quote:
Is it possible that the tax burden on working Americans is too high and it is hurting the economy?
Of course it is
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