To: map
$15 mininum wage, 15% maximum interest.
Federal income taxes should be capped at 15%, too, then.
32 posted on
05/09/2019 11:26:49 AM PDT by
rightwingintelligentsia
(Democrats: The perfect party for the helpless and stupid, and those who would rule over them.)
To: rightwingintelligentsia
Arthur Laffer, an economist who supported Gerald Ford's tax cuts in the mid-70s, said that the tax rate to maximize the most revenue into the federal coffers, is 17%.
Rates about that, lowers revenues. Too onerous. Taxpayers avoid paying or use loopholes.
Rates below that, diminishes revenues because they don't bring in enough taxes.
His Laffer Curve showed that the prime tax rate was 17% across the board.
61 posted on
05/09/2019 12:02:33 PM PDT by
HotHunt
(Been there. Done that.)
To: rightwingintelligentsia
“Federal income taxes should be capped at 15%, too, then.”
Yes. A broad, green-style modification of Cain’s of 9,9,9.”
85 posted on
05/09/2019 1:49:09 PM PDT by
map
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