Posted On: 06/24/2016 4:11:28 PM
Post# of 65629
That was what i was suggesting you do. I have already done that:
Economic Impact
According to our Taxes and Growth Model, the increased incentives to work and invest from this tax plan would increase the size of the economy by 11 percent over the long run. The plan would lead to 6.5 percent higher wages and a 29 percent larger capital stock. The larger economy is mainly the result of the significant reduction in the service price of capital due to the rate reductions for corporations and pass through businesses. In addition, the reduction of marginal tax rates on individual income would increase incentives to work and result in 5.3 million full-time equivalent jobs .
http://taxfoundation.org/article/details-and-...s-tax-plan
Economic Impact
According to the Tax Foundation’s Taxes and Growth Model, Hillary Clinton’s tax plan would reduce the economy’s size by 1 percent in the long run . The plan would lead to 0.8 percent lower wages, a 2.8 percent smaller capital stock, and 311,000 fewer full-time equivalent jobs . The smaller economy results from somewhat higher marginal tax rates on capital and labor income.
http://taxfoundation.org/article/details-and-...-proposals
That is one side of the fence..the other is quite the opposite when you consider the revenue aspect(tax revenue).....
Economic Impact
According to our Taxes and Growth Model, the increased incentives to work and invest from this tax plan would increase the size of the economy by 11 percent over the long run. The plan would lead to 6.5 percent higher wages and a 29 percent larger capital stock. The larger economy is mainly the result of the significant reduction in the service price of capital due to the rate reductions for corporations and pass through businesses. In addition, the reduction of marginal tax rates on individual income would increase incentives to work and result in 5.3 million full-time equivalent jobs .
http://taxfoundation.org/article/details-and-...s-tax-plan
Economic Impact
According to the Tax Foundation’s Taxes and Growth Model, Hillary Clinton’s tax plan would reduce the economy’s size by 1 percent in the long run . The plan would lead to 0.8 percent lower wages, a 2.8 percent smaller capital stock, and 311,000 fewer full-time equivalent jobs . The smaller economy results from somewhat higher marginal tax rates on capital and labor income.
http://taxfoundation.org/article/details-and-...-proposals
That is one side of the fence..the other is quite the opposite when you consider the revenue aspect(tax revenue).....
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