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

To: TimF who wrote (303881)9/21/2006 5:07:03 PM
From: Road Walker  Read Replies (1) | Respond to of 1573690
 
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



To: TimF who wrote (303881)9/22/2006 3:58:58 PM
From: Taro  Read Replies (3) | Respond to of 1573690
 
The 26% flat tax in Estonia for everybody, private or corporate, has exactly that incentive - and it works! A proven case.

Taro



To: TimF who wrote (303881)9/23/2006 1:07:24 PM
From: tejek  Read Replies (1) | Respond to of 1573690
 
If the government spends money, it generally isn't good for the economy.

Hogwash! You don't know what your saying. Without gov't spending, your capitalist economy would fall flat on its face.


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