Toddsterpatriot
Diamond Member
The government collects taxes and puts the monies back to be spent which stimulates the economy.
Yes, the government destimulates the economy and then stimulates the economy.
With the usual government losses due to overhead and inefficiency.
If you can make an argument that taxes destimulate an economy.
If you tax my activity at a high enough rate, I'll reduce that activity.
Liberals do that all the time when they want to reduce smoking by taxing it.
If you tax my activity at a high enough rate, I'll reduce that activity.
Wouldn't that depend if the activity was already on-going? Any smart business person that increases or starts an activity (financial) already has tax savings or reduction in place.
Liberals do that all the time when they want to reduce smoking by taxing it
Originally it was liberals, today it's bi-partisan.
If you tax my activity at a high enough rate, I'll reduce that activity.
Wouldn't that depend if the activity was already on-going? Any smart business person that increases or starts an activity (financial) already has tax savings or reduction in place.
A high enough tax will reduce on-going activity and discourage new activity from taking place.