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Politics : Formerly About Advanced Micro Devices

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To: TimF who wrote (303881)9/21/2006 5:07:03 PM
From: Road Walker  Read Replies (1) of 1573824
 
re: If the government spends money, it generally isn't good for the economy.

Better tell that to the defense, software, road building etc. industries. Isn't government still the largest employer or did Walmart eclipse them?

re: But taxes have compliance costs and provide perverse incentives. If taxes are low than people and companies have less incentive to structure their decisions around the tax code.

You call it "perverse" incentives but most people believe there can be positive incentives in the tax codes. Taxes on liquor, cigarettes, gambling, and gasoline are examples.

John
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