Lowering tax rates can theoretically increase tax revenue

HERE’S THE INTERESTING PART

A favorite excuse for cutting corporate taxes, based originally on a napkin sketch. The idea suggests that taxing too heavily kills productivity, so lowering the rate miraculously generates more overall state capital.

From the Stacky collection1 min read

Lowering tax rates can theoretically increase tax revenue — STACKY / Economy

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Lowering tax rates can theoretically increase tax revenue

A bigger world.One discoveryat a time.

Keep exploring

Macroeconomics studies the forest instead of the trees

Income tax began as a Civil War measure

Why a little flour can change how Twix is taxed

Internal Revenue Service guidelines explicitly require US taxpayers to declare income generated from bribes, theft, and illegal drug sales on their annual tax returns.

The state where tire air is taxed

Low earners receive subsidies instead of paying taxes

A bigger world.
One discovery
at a time.