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To: Valuepro who wrote (149812)3/4/2009 1:25:07 PM
From: LoneClone  Read Replies (1) | Respond to of 313156
 
I don't know about the US, but federal corporate tax rates in Canada are right about average, probably a little below average after this year's cuts.

Your formula Lower taxes = higher growth = great tax receipts. is correct sometimes and inccorect in other situations. It certainly worked much better in Canada than the US over the last 20 years.

LC



To: Valuepro who wrote (149812)3/4/2009 1:33:15 PM
From: robnhood  Read Replies (1) | Respond to of 313156
 
<<Let me make is simple.

Lower taxes = higher growth = great tax receipts>>

Duh, worked real well for Dubya.
Let me see , only 5 trillion added to the debt during his lowering tax tenure.

Bush presidency saw biggest ever increase in debt in US history

thaindian.com


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