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Old 03-11-2017, 09:35 AM   #1
Ross
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Default Lower corporate tax rates --> Consequences

An interesting article found here on what happens to government
revenue and an economy when you lower corporate tax rates.

Quote:
Global Evidence Shows Lower Corporate Tax Rates
Are a No-Lose Recipe for Growth and Competitiveness
Quote:
New evidence comes from Britain… It shows the tax rate falling
from 35 percent to 20 percent since the late 1980s and corporate tax
revenues as a percentage of gross domestic product (GDP) trending
upwards. As the rate has fallen, the tax base has grown more than
enough to keep money pouring into the Treasury. …the CPS study says, “In
1982-83 when the rate was 52%, corporation tax receipts yielded
revenues equivalent to 2% of GDP. Corporation tax now raises over 2.3%
of GDP when the headline rate is at just 20%.”



When Canada lowered its corporate tax rate revenue increased.



When I read an article like this I desperately want to hear the
counter argument . Why , because they make me as suspicious as
all hell , thats why .

..
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Old 03-13-2017, 09:34 PM   #2
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Ross, keep your eye on Canada. Give us 2 years and I bet His Hare-Brained Highness, Most Eminent Donator of Taxpayer Cash to Foreign Lands has boosted our corporate tax rates. This idiot does the opposite of what he should in almost EVERY instance. It's always justified by one of his dystopian ideals.
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