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unblock

(56,212 posts)

4. It's pretty simple. Tax rates don't change whether or not something is profitable

Reply to Yo_Mama_Been_Loggin (Original post)

Thu Oct 19, 2017, 03:02 PM

Oct 2017

They only change how profitable it is. Therefore, it actually doesn't affect many economic decisions.

It may affect decisions where there's an alternative that could be taxed at a different rate, it might become worthwhile to stop investing in tax-free municipal bonds and switch to taxable bonds, which could affect the economy.

But these are comparatively small effects compared to the huge redistributive effect.

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Theres little historical evidence that tax cuts actually pay off in boosting economic growth [View all] Yo_Mama_Been_Loggin Oct 2017 OP

How do they do that vodoo that they do do... HopeAgain Oct 2017 #1

Tax rates were high during the Ike years and the economy was booming. Kaleva Oct 2017 #2

These tax cuts are great boosts...for off-shore banks The Genealogist Oct 2017 #3

It's pretty simple. Tax rates don't change whether or not something is profitable unblock Oct 2017 #4

Tax Cuts for the wealthy/Trickle-Down doesn't work... TheDebbieDee Oct 2017 #5

Cutting taxes now means raising them in the future Cicada Oct 2017 #6

there's NONE. ZIP. ZILTCH. NADA. ZERO.... spanone Oct 2017 #7

Little Evidence? ProfessorGAC Oct 2017 #8

+1000 smirkymonkey Oct 2017 #9