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

To: Tenchusatsu who wrote (230028)4/19/2005 7:36:53 PM
From: Taro  Respond to of 1572957
 
Yes, it is about maximizing tax intake by optimizing the taxation rates.

This policy was brought in to replace the
insane practices of that time of ever hiking
the tax rates while in the process strangling
the economy and seeing the tax revenues
heading south in the process as well.

Taro



To: Tenchusatsu who wrote (230028)4/19/2005 8:25:31 PM
From: Road Walker  Read Replies (2) | Respond to of 1572957
 
re: Taro, it's all about the Laffer curve:

Or Voodoo Economics (tm Bush Sr., a real conservative). Proved to not work subsequent to the Reagan admin.

John

(Sounds good on paper, just like communism and libertarianism).


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