SB 30-15: Comptroller Reform Act (user search)
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  SB 30-15: Comptroller Reform Act (search mode)
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Author Topic: SB 30-15: Comptroller Reform Act  (Read 3092 times)
AGA
Atlas Politician
Junior Chimp
*****
Posts: 5,280
United States


Political Matrix
E: 0.39, S: -5.39

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« on: July 22, 2021, 08:22:28 PM »

For example, if you double tax rates, revenue will less than double due to economic distortions.
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AGA
Atlas Politician
Junior Chimp
*****
Posts: 5,280
United States


Political Matrix
E: 0.39, S: -5.39

P P
« Reply #1 on: July 22, 2021, 10:55:54 PM »
Quote from: Clinton/Kaine/ Northam/ Biden/Warner voter for Youngkin on July 22, 2021, 08:30:12 PM
Quote from: AGA on July 22, 2021, 08:22:28 PM

For example, if you double tax rates, revenue will less than double due to economic distortions.

What exactly do you mean by economic distortions? Also isn't this idea mostly debunked?

No? In general, an increase in tax rates decreases the incentive to work, which results in less taxable income.
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AGA
Atlas Politician
Junior Chimp
*****
Posts: 5,280
United States


Political Matrix
E: 0.39, S: -5.39

P P
« Reply #2 on: September 17, 2021, 11:48:33 PM »
Nay
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