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re: On a dollar basis, taxation does not hurt nor benefit an economy
Posted on 9/29/14 at 1:20 pm to HailHailtoMichigan!
Posted on 9/29/14 at 1:20 pm to HailHailtoMichigan!
quote:
It is a net zero on the functioning of the economy. If the taxation was not there, a firm will have the money.
If the firm doesn't spend that money it effectively disappears from the economy.
Posted on 9/29/14 at 1:22 pm to SpidermanTUba
Within certain left and right limits, maybe.
Otherwise, taxation significantly slows down the velocity of money.
Otherwise, taxation significantly slows down the velocity of money.
Posted on 9/29/14 at 1:22 pm to SpidermanTUba
quote:
If the firm doesn't spend that money it effectively disappears from the economy.
Unless they bury it in their backyard, this is 100 % Complete and utter bullshite. As per usual from you, phony scientist.
Posted on 9/29/14 at 2:10 pm to SpidermanTUba
quote:
If the firm doesn't spend that money it effectively disappears from the economy.
Good lord.......
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