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re: On a dollar basis, taxation does not hurt nor benefit an economy
Posted on 10/1/14 at 8:55 pm to offshoretrash
Posted on 10/1/14 at 8:55 pm to offshoretrash
The effects of taxation on the economy and business growth are negligible and there is plenty of data that supports this. What is not negligible is the effect of taxation on an individual's economy....it sucks to pay taxes period. This sucking is the only reason so many "experts" try to make the case for taxation being such a detriment to economic growth. No one likes being taxed but in the overall scheme of things the effects are minuscule compared to cronyism, corruption and uncertainty. Eliminate the first two (the third is inherent) and business growth would be tremendous even with stiff tax increases.
Posted on 10/1/14 at 9:08 pm to germandawg
quote:
The effects of taxation on the economy and business growth are negligible and there is plenty of data that supports this.
You have multiple quality sources (read: sources capable of making such a measurement) that have quantified this impact? And you're saying that they unanimously deem the effiect "negligible"?
At least you concede that on net it retards growth. Go ahead and present your "data".
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