Analysis: Tax Cuts Don't Lead to Economic Growth

[bannination]

Really, a study of 65 years for something most of us knew all along?

http://www.nationaljournal.com/domestic ... s-20120917

[Wneglia]

Really, a study of 65 years for something most of us knew all along?

http://www.nationaljournal.com/domestic ... s-20120917

And has essentially no effect on tax revenues:



Raising tax rates will not bring in more revenue.

[bannination]

It does have other effects: Economic growth

http://conceptualmath.org/philo/taxgrowth.htm

[Wneglia]

If you look at absolute dollars of revenue, instead of a percentage of GDP, lowered marginal rates do in fact increase revenues:

[bannination]

If you look at absolute dollars of revenue, instead of a percentage of GDP, lowered marginal rates do in fact increase revenues:

Alright we have a stalemate!