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Started By
Message
Posted on 2/14/19 at 3:44 pm to jbond
quote:
Also, in my opinion progressive taxation seems more fair. If we need more revenue, the options are typically framed as either raise taxes or cut social programs. I'm not okay with cuts
Did you know every time the US government lowers taxes, tax revenue goes up? This is because, even though they are taking in less pennies on the dollar, people are spending more money. This is the key to a thriving economy and in turn, a thriving society.
Posted on 2/14/19 at 3:49 pm to dawgfan24348
According to the "test",
I'm in the lower left quadrant, whatever that means.
The questions are too simplistic in many cases.
I'm in the lower left quadrant, whatever that means.
The questions are too simplistic in many cases.
Posted on 2/14/19 at 3:49 pm to Undertow
I'll believe that and change my entire worldview if you link me to a reputable source showing our historic tax rate vs historic tax revenue. My first source preference would be from the IRS, Dept of Treasury, or Commerce Dept, but if there's a lit review on it summarizing decades of economic thought and emperical data supporting that idea, I'll accept that too. That's too bold of a claim for me to just take at face value though.
ETA
WSJ: Tax revenue declined last year
ETA
quote:
Did you know every time the US government lowers taxes, tax revenue goes up? This is because, even though they are taking in less pennies on the dollar, people are spending more money. This is the key to a thriving economy and in turn, a thriving society.
WSJ: Tax revenue declined last year
quote:
WASHINGTON—Federal tax revenue declined 0.4% in 2018, the first full calendar year under the new tax law, despite robust economic growth and the lowest unemployment rate in nearly five decades.
This post was edited on 2/14/19 at 3:59 pm
Posted on 2/14/19 at 3:54 pm to dawgfan24348
This post was edited on 2/14/19 at 3:58 pm
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