Quote:
Originally Posted by RIROCKHOUND
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Tax rates went down.
After that, tax dollars collected went up.
I understand numbers, and I know you can slant them, adjust them, index them to make them say almost anything you want them to say.
But tax rates went down.
And then tax revenues went up.
Would tax revenues have been higher if tax rates were higher? I don't know.
What do we know?
We know tax rates went down, and that then revenues went up
Bryan, when the cost of something goes down, the demand for that something goes up. That applies whether that 'something' is televisions, widgets, or even wealth.