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

To: Taro who wrote (230030)	4/20/2005 4:43:06 PM
From: TimF	Read Replies (1) \| Respond to of 1573006

I think are disagreement may be entirely a semantic one based on the definition of "optimum taxation". I can think of several different possible definitions. 1 - The tax rate that if imposed at this time would result in the most income to the government. 2 - The tax rate that produces the highest long term revenue for the government (this tax rate would be lower than in the first example) 3 - The tax rate that is the highest that will be accepted without much protest. 4 - The average tax rate desired by the population. 5 - The lowest tax rate that meets a certain minimum level of government services. 6 - The tax rate that maximizes general well being. (Some people would consider this to be the same level as #5 but others would not) I would probably pick definition 6 as the best, and pick 5 or something sort of like 5 as the criteria for deterring what maximized general well being in the long run. In the short run we would have to consider current spending and the negative effects of changing everything around too suddenly so the level indicated by 6 would be higher than 5 right now. I would not normally use definition 4, and I would never use any of the first three possible definitions. Tim