erolz66 wrote:Reduce them to 0 and you get 0 in tax revenues. The idea that tax take by the government is somehow taken out of the economy indicates how much you understand, or not, about economics.
I understand plenty thanks!
The government (any government) is incredibly inefficient at spending our money and likes to spunk it away on vanity projects and good causes which few of the public support.
Tax less and that money can be better spent by those that earn it in the first place.
Of course you and Bore-Dough wouldn't understand that as you believe in big government running (or should I say ruining!) everything...
...and of course you in turn believe that the government can simply crank up the tax rate and the money will keep rolling in...
Increase the tax rate to 100% and you still get nothing...