SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : The Obama - Clinton Disaster
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Hope Praytochange who wrote (30897)5/28/2010 12:28:03 AM
From: Wayners  Read Replies (1) of 103300
 
Just as you can set speed limits below what normal people drive, people drive what they feel is a safe speed and the lower speed limit has no effect on what speeds people actually drive. Taxes are very similar. You can set high taxes but people will not pay them and it will not result in higher revenues. You can only set taxes as high as you can get away with taking into account basic business laws...what tax rates do your competitors charge? I can already see blank looks from politicians in DC and New York and New Jersey. Well duh, what tax rates do your neighboring states charge? Are your rates out of line? Well duh! You cannot charge higher taxes than you neighboring jurisictions and expect higher revenues.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News