Message from @sɪᴅɪsɴᴏᴛʜᴇʀᴇ

Discord ID: 687387398208094214


2020-03-11 18:40:25 UTC  

I told you I have no issues providing evidence, I was simply making an opinion however.

2020-03-11 18:41:15 UTC  

Please, get an economics textbook.

2020-03-11 19:46:31 UTC  

@sɪᴅɪsɴᴏᴛʜᴇʀᴇ Yeah mate, I took a look at your link dump - so, care to summarize any of the points there? I doubt you read ANY of these lol

2020-03-11 19:46:55 UTC  

Actually I have; Corporate taxes reducing investment is one of the flaws.

2020-03-11 19:47:01 UTC  

Which is obviously bad, it leads to lower wages.

2020-03-11 19:47:24 UTC  

First one concludes, "We present cross-country evidence that effective corporate tax rates have a large and significant adverse effect on corpo-rate investment and entrepreneurship"

2020-03-11 19:47:44 UTC  

So, why are tax rates too high?

2020-03-11 19:48:18 UTC  

Since I believe in a 0% Corporate tax, the evidence suggests taxing capital income is reducing investment and competition.

2020-03-11 19:48:24 UTC  

I.e "too high".

2020-03-11 19:48:30 UTC  

Oh a 0% tax, I see

2020-03-11 19:48:39 UTC  

Lol

2020-03-11 19:49:16 UTC  

Yep, it's not an unusual policy.

2020-03-11 19:49:22 UTC  

It's actually widely supported by economists

2020-03-11 19:49:40 UTC  

Corporate tax is one of the worst taxes, most distortionary.

2020-03-11 19:51:21 UTC  

Very widely supported, yeah

2020-03-11 19:51:32 UTC  

So, are you against taxes in general?

2020-03-11 19:51:38 UTC  

Taxation is theft?

2020-03-11 19:51:51 UTC  

Yes I want low taxes.

2020-03-11 19:51:51 UTC  

Or you just want corporations to have a free pass?

2020-03-11 19:52:01 UTC  

Well, but you want 0%

2020-03-11 19:52:06 UTC  

Yes, corporate.

2020-03-11 19:52:07 UTC  

So, no taxes then?

2020-03-11 19:52:10 UTC  

That's the go to for me.

2020-03-11 19:53:45 UTC  

@Dr.Cosby A 0% corporate tax doesn't mean you want to abolish the government - it just means you want to abolish the tax on capital income.

2020-03-11 19:56:34 UTC  

I don't like this tax because it reduces investment; employment and employment growth; macroeconomic growth; wages; innovation; competition; entrepreneurship; raises prices among other things.

2020-03-11 19:56:39 UTC  

It has real long-short run effects too.

2020-03-11 19:56:52 UTC  

I have evidence for all of these effects in those studies I sent too.

2020-03-11 20:59:16 UTC  

So then, do you want to replace it with other higher taxes or cut spending?

2020-03-11 21:51:13 UTC  

Cut

2020-03-11 21:56:36 UTC  

Here goes

2020-03-11 21:57:30 UTC  

I don't care what anyone says to stay away from Asians because of the Corona Virus, if we die we die together period

2020-03-11 22:29:53 UTC  

Wouldn’t cutting spending have negative macroeconomic effects? That’s going to hurt growth

2020-03-12 08:02:57 UTC  

Not always no, say we cut subsidies; privatise state owned assets and companies; cut social programs.

2020-03-12 08:17:12 UTC  

It won’t necessarily lead to lower growth, the effect of lower taxes and the first two policies will likely lead to higher growth.

2020-03-12 19:20:31 UTC  
2020-03-12 19:20:33 UTC  

https://cdn.discordapp.com/attachments/513098515736690701/687741840241590356/Screenshot_2020-02-04_at_20.03.36.png

2020-03-12 19:20:55 UTC  

Dude but if you don’t like the wait you can just pay

2020-03-12 19:21:04 UTC  

“Free”

2020-03-12 19:21:05 UTC  

Private also has wait times too.

2020-03-12 19:21:10 UTC  

Ok?

2020-03-12 19:21:12 UTC  

But less than the 'free' healthcare.