Join Date: Apr 2008
Location: Industrial Drive
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You naturally increase tax revenue eh? Who are you supposed to be...a representative of the Govt?
Originally Posted by res
Yes, this thinking as always is based upon a static picture of the economy. The fact that in prosperous times where capital is fluid, you naturally increase the tax revenue coming in
with tax cuts doesn't occur to people.
Some of us like to eliminate the INcome tax completely and have a moral and economical reason behind it. So your statement of "naturally increasing revenue in good times" doesn't compute with me. I reject it at face value.