Don't Blame Me, I Voted For Kerry Message Board

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Politics : Don't Blame Me, I Voted For Kerry

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To: Steve Dietrich who wrote (12822)	4/6/2004 7:47:17 PM
From: Bearcatbob	Read Replies (1) of 81568

Steve - tax rates of 100% yield nothing. Tax rates of 0% yield nothing. Increases in tax rates - might - might - yield higher revenues - but I doubt it is linear. So - if you raise rates 10% on a category of wealth or income - I do not believe for a minute you will get a net 10% increase. That is the negative effect I am referring to. It is possible that we are too low on the curve - but we do not know that. One thing is certain - if you want less of something - tax it more. Gasoline would be a perfect example - increase the tax/price - decrease the consumption - so the revenue increase would not be linear. Steve - I expect you can understand this. AS and Chinu have no clue.

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