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

To: RetiredNow who wrote (544280)	1/16/2010 11:59:49 AM
From: i-node	Read Replies (1) \| Respond to of 1574744

>> Here's the problem with your simple assertion that decreasing tax rates will automatically lead to increased US GDP. There is a reason that countries all over the world are cutting corporate tax rates today. Throughout Europe, EVEN CHINA. Because they realize that lower tax rates will bring productivity gains to their countries. You don't understand this subject at all. If tax cuts are not appropriately targeted, you won't get the gains you otherwise might. And there are times that productivity gains are offset by other losses. But the reality is that throughout history tax rate cuts have resulted in productivity gains. I don't want to argue this subject with you any further because we're not looking at tax rate cuts anytime soon in this country. The Left has put us on a trajectory of ever-increasing tax rates, probably until the collapse of the nation's economy.