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


To: TigerPaw who wrote (370083)2/5/2008 10:46:56 PM
From: TimF  Read Replies (1) | Respond to of 1576401
 
They don't give it away, but they invest less, and when possible they invest elsewhere to chase the returns.

Even if the US increases taxes on investments than it becomes less competitive with the rest of the world. The investments move elsewhere.

If the whole world increased taxes the same way, the reduction this would cause, would as a percentage be much lower than the percentage shift if just the US raised investment taxes but there would still be a reduction. There would also be a distortion of investments as people sought legal tax shelters (if available) and illegal ones (if that's all they have, or if that is the only place they expect a good after tax return), rather than funneling money to the most productive investments.