Quote:
Originally Posted by CoachKandSportsguy
ceribus paribus. . .
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All things being equal?
But they are not. The economy is dynamic and when you increase or decrease taxes, it impacts growth and investment and many other factors.
If cutting tax rates increases revenue, would you be for it?
And if raising rates decreased revenue would you be for that?
If all things were equal you could increase the tax rate to 90 or even 100% and really rake in the money.
However, most economists say that a 25% tax rate would bring in more money than a 100% tax rate.