3 ms·
You're overcomplicating this. Back to my point: "The lower the tax - the more money will stay and will be reinvested into the local economy." Start here. Less
by Trias11 5y ago
You're overcomplicating this. Back to my point:
"The lower the tax - the more money will stay and will be reinvested into the local economy."
Start here. Less taxes == more money is staying and reinvested in the local economy for the good of everyone.
Bonus: more money start coming in from other jurisdictions that are abusing their productive citizens and businesses with exorbitant taxes.
- modo_mario 5y ago>You're overcomplicating this. You're oversimplifying this but even when just sticking to the core of your point i strongly disagree. >Start here. Less taxes == more money is staying and reinvested in the local economy for the good of everyone. Not really. Want to stimulate the economy with reinvestments? Dis-incentivise stock buybacks and the like, tax hard. Companies and people don't like to pay taxes. How do you avoid taxes as a company or owner? By having less profits trough reinvestment in R&D, growthprojects and wages. Tax less and you reduce the incentive to reinvest into the local economy.