Replies to post #332398 on Zeev's Turnips Talk Politics (ZTTP)

[wall_rus]

"Why should the most productive citizens be penalized solely because they are productive?"

They produce nothing! Money shufflers.

What happens if we instead raise tax rates? Economists of all persuasions accept that a tax rate hike will reduce GDP, in which case Hauser's Law says it will also lower tax revenue.

I guess you missed this part:

On this page in 1993, he stated that "No matter what the tax rates have been, in postwar America tax revenues have remained at about 19.5% of GDP.

Can't have it both ways.