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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: SilentZ who wrote (222329)3/6/2005 10:48:08 AM
From: i-node  Read Replies (1) | Respond to of 1575761
 
That's exactly what I meant.

Why would it help productivity?


Productivity is a measure of the nation's ability to create products from a given amount of resources. Labor, capital, raw materials, etc.

Replacement of the NST would greatly enhance (not a little, but massively) the ability of firms to do this:

a) The tax reporting requirements are a huge burden on businesses. When you eliminate the income tax in favor of a NST, you free up overnight a massive amount of manpower that is essentially wasted.

b) When you eliminate the corporate income tax, the corporate incentive is to spend money toward productivity enhancement.

You are confusing demand with productivity, I think.