Tuesday, October 3, 2017
Don't Understand Economics
The Dumocrats just do not understand economics, and the positions
they are in should REQUIRE such understanding. They just can't
conceive of the idea that tax CUTS tend to INCREASE the "tax
take" because such cuts
create an
INCENTIVE
for
people who get to keep more of their money
to
INVEST that money in job and commerce-creating activities, thereby
creating more taxable income. That's
simple economics, and if I can understand it, when my eyes glaze over
at the word economics, they ought to be able to do so. But they
can't, and they keep making incentive killing tax laws. For instance,
with the corporate taxes in America being the highest in the world,
all other countries need to do is offer lower tax rates to get
companies to move their operations OUT of America. It's a fact that
if you want to PROMOTE an activity, lower its taxes. If you want to
inhibit
it, raise its taxes. Intelligent people know that.
They don't.
(Just common sense)
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment