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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
Posted by SpidermanTUba
my house
Member since May 2004
36129 posts
Posted on 9/29/14 at 1:20 pm to
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 by AbuTheMonkey
Chicago, IL
Member since May 2014
8037 posts
Posted on 9/29/14 at 1:22 pm to
Within certain left and right limits, maybe.

Otherwise, taxation significantly slows down the velocity of money.
Posted by Vols&Shaft83
Throbbing Member
Member since Dec 2012
69956 posts
Posted on 9/29/14 at 1:22 pm to
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 by Teddy Ruxpin
Member since Oct 2006
39647 posts
Posted on 9/29/14 at 2:10 pm to
quote:

If the firm doesn't spend that money it effectively disappears from the economy.



Good lord.......
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