3 ms·
Won't work. If the choice is pay tax or spend money it will get spent. Earnings may go down but the players will adapt to minimize their tax burden.
by sseveran 12y ago
Won't work. If the choice is pay tax or spend money it will get spent. Earnings may go down but the players will adapt to minimize their tax burden.
- rjtavares 12y agoBetter to spend money than hoard it...
- charlesdm 12y agoTime to load up on debt! Good thing interest is tax deductible.. This is more of a game than anything. There will always be ways to reduce the tax burden, and I find that changes are often made without really properly thinking them through. Closing loopholes is great, but rethinking critical parts of the law can also create a whole set of loopholes if not done properly. Which, considering we're human, is always the case.
- justincormack 12y agoMany people have suggested removing the tax loophole that is interest on debt. It might have to be coordinated but I would not be surprised if it happens.
- rjtavares 12y agoWe're talking in a context of companies having billions is cash/cash equivalents just to avoid paying taxes. It's pretty much a win win situation.
- innguest 12y agoThere are 3 things you can do with money: - Spend it - Hoard it - Invest it It's better to spend inflationary money than to hoard it, you've got that right. That sentence only works with the "inflationary" word there, which you forgot to add, but I fixed it for you.