Two Plus Two Older Archives

Two Plus Two Older Archives (http://archives2.twoplustwo.com/index.php)
-   Internet Gambling (http://archives2.twoplustwo.com/forumdisplay.php?f=26)
-   -   Paradox of rake? (http://archives2.twoplustwo.com/showthread.php?t=389447)

12-04-2005 03:08 AM

Re: Paradox of rake?
 
cutting taxes does increase revenue. People have more money to spend and commerce rises causing economic growth. See the boom from 1982-2001

12-04-2005 03:20 AM

Re: Paradox of rake?
 
Ah yes, the Laffer Curve Theory: the relationship between tax rate and amount of tax revenue is inversely proportional. As you lower taxes you expand the economy and hence create more sources of tax revenue. I think this is a gross oversimpliciation as there are so many other variables causing interference.

JeffreyREBT

"Where I don't promise to make you rich without trying, or even trying very hard; I do promise to say things that will make you FEEL rich."


All times are GMT -4. The time now is 09:35 PM.

Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.