PA budget

glatt · 03-11-2011, 12:08 PM

The country has doubled in population in that time frame, so even if you do adjust for inflation, you also need to adjust for there being twice as many people paying in to the tax system. You need to express it as a percentage of GDP otherwise you'll see the line going up as the country (and government) have grown. UT is right, Spex.

Spexxvet · 03-11-2011, 12:22 PM

The argument that raising taxes causes investment to leave the country doesn't appear to hold true.

Quote:

Originally Posted by Undertoad

There won't be any revenues to tax, as all investment will immediately go overseas.

I don't see any correlation between GDP and highest bracket tax rate.

Quote:

Originally Posted by Undertoad

03-11-2011, 12:08 PM	#1
glatt ™ Join Date: Jul 2003 Location: Arlington, VA Posts: 27,717	The country has doubled in population in that time frame, so even if you do adjust for inflation, you also need to adjust for there being twice as many people paying in to the tax system. You need to express it as a percentage of GDP otherwise you'll see the line going up as the country (and government) have grown. UT is right, Spex.

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