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Politics : PRESIDENT GEORGE W. BUSH

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To: steve dietrich who wrote (339617)1/7/2003 3:53:20 PM
From: J.B.C.  Read Replies (1) of 769670
 
Pop math test

Which scenario does government have more tax revenue:

50,000,000 working Americans making average $50,000, with an effective tax rate of 50 % (remember everything you buy you pay for the taxes of others)

75,000,000 working Americans making average $50,000, with an effective tax rate of 40 %

(this is just a scenario, but shows you how lowering taxes increases revenues)

Jim
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