TheRealMafoo on 22 July 2009
| Squilliam said: If a country spent a year without taxation, what would happen to its GDP? (Trying a new tact) |
it would go through the roof, but the government would not make any money.
Also, this only works on the rich, for the reasons HappySqurriel states. If you raise or lower taxes on the middle class, you gain or lose real dollars.
So an argument would be that if you left the tax brackets the way they were for everyone other then the top 1%, and removed all tax from the top 1%, you might actually bring in more dollars for government.
I don't propose you do that, as I think everyone needs to pay there fair share, but that's what the numbers tell us would generate the most dollars for government.
