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You can't undestimate the impact of tax rates

Posted on: December 9, 2016 at 09:03:01 CT
4TigersinMichigan MU
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Was speaking with a man this morning who will leave for his Florida winter home soon. Not a wealthy man, but a successful one. He has the days counted when he has to be there because to maintain residency he must live there so many days of the year. Why the fuss? Taxes.

We are already seeing what businesses are open to doing if there is encouragement to keep and reinvest more of their earnings rather than giving it to federal bureaucrats. Just the promise of it is already making a difference. And it will continue to do so.

Edited by 4TigersinMichigan at 09:03:35 on 12/09/16
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You can't undestimate the impact of tax rates - 4TigersinMichigan MU - 12/9 09:03:01
     This is nothing new at all - meatiger MU - 12/9 09:40:10
          Indeed, it is tried and true - 4TigersinMichigan MU - 12/9 09:47:52
               Not necessarily - meatiger MU - 12/9 09:54:22
                    I agree - it will not necessarily force companies out - 4TigersinMichigan MU - 12/9 10:00:25
                         That is what was actually interesting about Bill Clinton - meatiger MU - 12/9 10:13:03
                              The GOP has always failed on the spending side - 4TigersinMichigan MU - 12/9 10:29:23
                                   Both parties fail on the spending side... - tiger98 MU - 12/9 14:57:06
                                   I think the GOP fails even on the taxation side - meatiger MU - 12/9 10:35:37
                                        The revenue increases under Reagan were off the charts - 4TigersinMichigan MU - 12/9 10:37:43
          Not very, if krugman is an example.(nm) - GA Tiger MU - 12/9 09:23:20
               Your economic views are exactly those of Krugman's (nm) - pickle MU - 12/9 12:31:16
     Eliminate taxation. Agree? (nm) - pickle MU - 12/9 09:20:59
          Income tax, certainly open to it - 4TigersinMichigan MU - 12/9 09:32:02
               Good to hear (nm) - pickle MU - 12/9 10:50:49
     I wonder to what extent the state goes to monitor that. - GA Tiger MU - 12/9 09:13:17




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