Corporate profits will have to increase 70% for the tax cuts to break even. hth
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Poast new message in this thread
Date: December 18th, 2017 5:26 PM Author: Judgmental turdskin
Reminder: national debt is just a measure of how much inflation there'd be if you paid it back overnight.
We can literally print money to pay back to Chinese or whoever. The idea that every cent will must ever be paid back is asinine
(http://www.autoadmit.com/thread.php?thread_id=3833045&forum_id=2#34951389) |
Date: December 20th, 2017 4:13 PM Author: spruce racy dopamine boiling water
link to the relationship between corporate tax rates and corporate tax revenue?
https://object.cato.org/sites/cato.org/files/wp-content/uploads/tax_rates_revs_oecd.png
or
https://www.mercatus.org/sites/default/files/ADavies-effective-corporate-rate-2-PDF.jpg
or
http://www.nber.org/papers/w18440.pdf
"In summary, corporate tax rates have fallen substantially across OECD countries over
the past four decades. This decrease is observed in nearly all OECD countries and is not
driven by very large decreases by a small number of countries. At the same time, the overall
ratio of corporate tax revenues to GDP has remained relatively stable and may have slightly
increased, and some countries have substantially increased their reliance on corporate taxes
for revenue. This is consistent with a substantial negative correlation between the tax base
and the tax rate, whether due to behavioral responses or concurrent statu"
(http://www.autoadmit.com/thread.php?thread_id=3833045&forum_id=2#34968655) |
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