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The tax base shrinks but does company revenue shrink? History so far says no, so perhaps that's where we can look for the tax dollars.
by ehnto 7mo ago
The tax base shrinks but does company revenue shrink? History so far says no, so perhaps that's where we can look for the tax dollars.
- david-gpu 7mo ago> The tax base shrinks but does company revenue shrink? Capital is highly mobile globally. As corporate taxation becomes higher in a region, production in that region becomes less competitive globally. Companies, in turn, outsource their production elsewhere. It is not a simple problem to solve. There are good reasons why the status quo is what it is.