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To: Graybeard58

Why can’t politicians agree to the 19% of GDP (or 28% GDP Fed, state, and local)? Cause historically that’s what the figures are. (You cannot break Hauser’s Law)


4 posted on 12/28/2010 10:55:17 AM PST by griswold3 (Employment is off-shored, away from govt. regulations, price pressure groups, and liabilities.)
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To: griswold3

actaully, that is not really true. If Hauser’s law was true, it would be evident in other countries or always evident in the US. But it is not.

Hauser’s law is therefore not an iron law of economics, merely an interesting coincidence in the postwar american economy.

and you also have to remember that marginal tax rates only tell half the story about taxes collected-—tax deductions, credits and loopholes are the other half when you have to look at revenues. You could have very high tax rates, but you could offer a plethora of deductions and credits, and therefore have in fact much lower taxes. Or you could have low tax brackets, but have higher taxes because you don’t allow deductions or loopholes.


14 posted on 12/28/2010 11:12:59 AM PST by ChurtleDawg (voting only encourages them)
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To: griswold3

How about two contstitutional amendments.

1. outlaw any federal vat or sales tax.

2. cap all income taxes at 15% max

3. cap all corporate tax at 10% max with no double taxation.


38 posted on 12/28/2010 2:20:26 PM PST by longtermmemmory (VOTE! http://www.senate.gov and http://www.house.gov)
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