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Originally Posted by Danzig
i just did a search on higher corporate taxes growing the economy. i'll let you know when i find something. so far it's all the same that it'll slow it down.
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In a perfect world, free of human nature, lowering corporate taxes COULD have a positive effect on the overall economy and everyone in it. I dont think anyone with a brain would deny that. The problem is human nature...namely-greed.
The main problem in our economy is the deficit. i dont see how you can attack the deficit while lowering taxes. It wasnt done during Reagan or either Bush. Now if all the corporations passed those tax breaks on to their employees in the way of benefits and increased wages, then yes trickle down would work. But that isnt the case. Do you need the numbers to prove it?
Theory and practicality are often two very different things.