Depends on where the money is spent
We want to create jobs in our domestic economy. If we tax money that the wealthy are using to purchase labor overseas and instead spend that money on domestic labor for public goods and services, it...
View ArticleRaising Taxes On Rich People Can Increase Demand=More Jobs, Less Deficit If...
If we institute a financial transactions tax, FTT, of say 0.1% and use the money as a new dedicated funding source for establishing and funding a National Infrastructure Bank, the net cost in jobs due...
View ArticleRich Dead People Should Pay More
Bundled into the expiring Bush Tax Cuts is the expiration of the reductions in the provisions of the Estate Tax which will fall from affecting estates of over 5 million down to 1 million with the...
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[quote]This is sort of like pulling the trigger on a gun pointed at someone's head. Presumably this is not done unless the desire is to see the person dead.[/quote] I laughed out loud after reading...
View Articlespending not deficit is the issue
If real spending on goods and services stays the same, and taxes are reduced, while transfers are reduced, there is little effect. This is the problem with deficit folks, confusing transfers and...
View ArticleEstate Tax Rates
I have long though that it would be good to have an estate tax rate that reaches 100% at some point. Yes we let the Richie Rich's of the world keep most of their money, but why do we let the Richie...
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How will reducing taxes on small business owners improve the economy when their customers are unemployed, underemployed, or are so concerned about their job security that they don't want to spend any...
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