There are two ways to increase revenue. The obvious way is by raising tax rates. That will increase revenue in the short term but will decrease the amount of revenue that will accrue to the government over the longer term. The other way is to reduce rates which decreases the amount of revenue over the very short term but increases the total revenue available to the government over the longer term as the money not immediately confiscated increases business activity which generates more revenue to the government.If power and control is the object then increasing rates is the indicated tactic. If increased total income to the government is the goal then reducing rates is indicated.
" The other way is to reduce rates which decreases the amount of revenue over the very short term
but increases the total revenue available to the government over the longer term
as the money not immediately confiscated increases business activity
which generates more revenue to the government. "
How about a 9% cap on taxes,
No double digit tax rates.
9% federal, 9% state, 9% local,
max legal limit.
Call it like they would,
the 'will of the people'.