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Politics : The Trump Presidency -- Ignore unavailable to you. Want to Upgrade?


To: Wharf Rat who wrote (32337)9/2/2017 5:42:00 PM
From: TimF  Read Replies (1) | Respond to of 364275
 
In a sense its already happened.

Responses are not immediate, or always so big they can be clearly measured in the midst of a billion other factors (and a number of significant factors) in action at the same time in all different directions, but the more you reduce incentives to invest and produce the less investment and production and job creation you get. It doesn't start at sine high level, its at least a tiny factor from the first bit of taxes you charge at all.

The actual incidence of corporate taxes are complex, but it is often on people other than the investors. To the extent this is the case, well the good news is you get less disincentive for investment and production, but then you also move the impact away from investment and corporate activity towards pressure to keep compensation down, employee fewer people, and/or charge more for products.