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re: Tax revenues hit all time high for FY 2014

Posted on 8/15/14 at 7:04 pm to
Posted by NC_Tigah
Carolinas
Member since Sep 2003
124349 posts
Posted on 8/15/14 at 7:04 pm to
quote:

But all other things equal, having 400 billion dollars less revenue probably wouldn't point toward anything good for the economy. This is obvious.
Not obvious at all.
In fact, if we eliminated corporate taxes altogether, it would have a profound future economic effect. It would also amount to far less than $400Bn on a tax basis.
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