To: Admiral_Zeon
This is a future model. What is needed is a historical graph. One that shows the real tax rate (Fed plus state) against total revenues (Fed, + State income + State sales) for the past 50 years.
To: taxcontrol; Uncle Miltie; JasonC
See my post #21 re Hauser’s Law, in conjunction with Laffer Curve.
24 posted on
09/16/2009 2:02:50 PM PDT by
CutePuppy
(If you don't ask the right questions you may not get the right answers)
To: taxcontrol
It's a line. The legal rates bounce all over the place, the revenue line stays entirely flat, with slight undulations of a few percent of GDP, driven entirely by the economic cycle and not reacting at all to the tax code.
33 posted on
09/16/2009 2:25:37 PM PDT by
JasonC
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