Re: Obama Understands Economics in Spite of Himself
Mike Findlay <[email protected]>
| Newsgroups | gmane.music.dadl.ot |
|---|---|
| Message-ID | <[email protected]> |
Heh, starving the beast sounds good to me. Sent from my iPhone On Dec 12, 2010, at 10:33 PM, Bruce Geerdes <[email protected]> wrote: > On Sun, Dec 12, 2010 at 3:39 PM, Mike Findlay <[email protected]> wrote: >> Historically lower tax rates correlate to higher tax revenues. > > It's been known to happen. > >> The current >> deal doesn't have any deduction take aways or loop hole closures does it? > > Not that I know of. I was speaking of the supposed "overhaul" Obama is > considering in the future. > >> Whether it is scientific enough to say lower tax rates cause higher revenues >> I don't know, but there is a certain amount of common sense in it. > > There is, but we do know there's a limit to the theory. As in, when > you've lowered taxes to zero, revenues will be zero. > > -- > dadl-ot mailing list > http://mail.thehood.us/mailman/listinfo/dadl-ot_thehood.us > http://news.gmane.org/gmane.music.dadl.ot -- dadl-ot mailing list http://mail.thehood.us/mailman/listinfo/dadl-ot_thehood.us http://news.gmane.org/gmane.music.dadl.ot