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Pastimes : Discussion Thread -- Ignore unavailable to you. Want to Upgrade?

To: c.hinton who wrote (2607)11/8/2008 3:24:48 PM
From: TimF  Read Replies (1) | Respond to of 3816
 
tim the taxes would have lessened the quantity of of liquidity in the markets avaliable to make loans.

Not to any great extent. Raising personal income tax rates doesn't effect the amount of money available for loans all that much.

And remember much of the liquidity indirectly came from overseas.



To: c.hinton who wrote (2607)11/10/2008 11:55:01 AM
From: TimF  Read Replies (1) | Respond to of 3816
 

tim the taxes would have lessened the quantity of of liquidity in the markets avaliable to make loans.

No they would not have, at least not to a significant degree, unless the increase was so draconian as to bring down the economy in to a worse situation than what we face now.


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