why lowering taxes is good

If you think America has been productive and prosperous up to now, just imagine how it would be if most of government as we know it went away. Current tax rates, or the tax rates of the Clinton administration, aren’t anywhere near confiscatory. Of course, tax rates that are too high aren’t good either. I have a confession to make. — Jean-Baptiste Say, There cannot be a good tax nor a just one; every tax rests its case on compulsion. Is merely making workers more aware of costs that already exist. Instead we hear demands for “universal,” “mandatory,” “single-payer,” and/or “comprehensive” systems. Everybody sees how much is taxed out of their paycheck every week, and most people don't like seeing that.

Pour autoriser Verizon Media et nos partenaires à traiter vos données personnelles, sélectionnez 'J'accepte' ou 'Gérer les paramètres' pour obtenir plus d’informations et pour gérer vos choix. They’re not mathematical formulas. They cut the programs with less political clout. Because some government programs are ineffective. Sometimes tax rates are too high, so that people start hiding parts of their income etc from the government. *sigh* And then we ought to lower them way, way more. But since many companies had found ways to get around paying the full 35 percent, Rebelo says the overall economic impact may be less dramatic. Since the federal government is unlikely to ever eliminate the income tax, proponents of a free society should work toward expanding tax deductions, tax credits, tax breaks, tax exemptions, tax exclusions, tax incentives, tax loopholes, tax preferences, tax avoidance schemes, and tax shelters and applying them to as many Americans as possible. According to economists who believe in supply-side economists, the lowering of certain taxes, such as income and capital gains taxes, is the best way to promote economic growth. The correct answer has to do with the fiscal multiplier effect. While I will agree that many government programs are inefficient and sometimes wasteful who will fill in where there is no profit to be had?

When you lower the tax rates in this situation a paradoxal effect takes place: Because taxes are lower, people tend to pay taxes for their whole income (thus eliminating the chance they get caught by the IRS) which increases the revenue of the taxes. Please contact the moderators of this subreddit if you have any questions or concerns. By what right does the government decide that individual rights are based on income? The downvote and report buttons are not disagree buttons.

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