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Originally Posted by stevo
If raising taxes were the answer, do you think a 75% tax rate would help or hurt the economy? thus, would a 75% tax rate raise tax revenues or decrease. I can garuntee you tax revenues would fall in the years following a 75% tax rate.
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Let me guess. You don't support surgery as a treatment for disease, because cutting people in two is a bad idea.
Nobody disputes that there is a point of diminishing returns on tax revenue. We just despute the bullshit that it's under our current rates. Raising taxes to somewhere south of your hyperbolic numbers is not going to have that effect.