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To: Jim 0216

I believe lowering income taxes will raise revenue. But there is a limit on how much can be raised. The Laffer curve inflection point is the upper limit on tax revenue. I would prefer NO income taxes at all. But the short fall needs to be made up or the dollar is dead. Tariffs are the historical way to do that and they promote domestic industry in the process.


3,477 posted on 01/14/2016 8:48:08 PM PST by central_va (I won't be reconstructed and I do not give a damn.)
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To: central_va

Tariffs DO NOT the things needed to stop federal government and union interference with our economy that is the MAIN reason for business and manufacturing going elsewhere.


3,498 posted on 01/14/2016 8:50:42 PM PST by Jim W N
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To: central_va

The Laffer curve inflection point is the upper limit on tax revenue.

A "singularity" may also encourage capital from foreign sources. Tariffs, an artificial/political barrier, discourage such.
3,517 posted on 01/14/2016 8:53:19 PM PST by SunLakesJeff (Life)
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