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FTA “There is little empirical evidence showing that taxing investors less stimulates savings and growth,” said Emmanuel Saez, an economist at the University of
by Chardok 9y ago
FTA “There is little empirical evidence showing that taxing investors less stimulates savings and growth,” said Emmanuel Saez, an economist at the University of California at Berkeley.
- vasilipupkin 9y agoYes. But that's because there is so little data and so many confounding variables There is little empirical evidence for everything in macroeconomics, including for Saez's claims.
- mercutio2 9y agoWait, did you really just say, “I acknowledge there is no evidence” immediately followed by “there is no evidence for the absence of evidence”? If I’m not missing something you though was implicit somehow, that is some pretty remarkable logic.
- vasilipupkin 9y agoThere is evidence, but it's relatively weak from statistical significance point of view. This is also true of Saez's claims, such as if only we get rid of lower taxation on capital, things will improve for the 99%. I am not aware of any evidence that would support this prediction.
- jmulho 9y agoI don't need evidence to know that increasing return on investment stimulates investment. Some things are self-evident. I am giving the professor a D-.