Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: combjelly who wrote (130197)	1/2/2001 7:38:04 PM
From: TimF	Read Replies (1) of 1576301

I have felt for a long time that the best stimulus for the economy is to randomly pick people amongst the taxpayers and send them a check for, oh $10,000 or so. The problem with that is it does not provide any additional incentive in the way a cut in marginal rates does. If you can keep more of the money you earn it provides some incentive to try and keep more. If less of your income and return on investment is taxed you have more incentive just to go for the most efficient investments and less to go for tax avoidance schemes. Also if you make taxes lower and simpler you save resources that would have gone towards tax compliance costs. Randomly sending out checks has none of those benefits. Tim

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