Message from @sɪᴅɪsɴᴏᴛʜᴇʀᴇ
Discord ID: 687387398208094214
I told you I have no issues providing evidence, I was simply making an opinion however.
Please, get an economics textbook.
@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
Actually I have; Corporate taxes reducing investment is one of the flaws.
Which is obviously bad, it leads to lower wages.
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"
So, why are tax rates too high?
Since I believe in a 0% Corporate tax, the evidence suggests taxing capital income is reducing investment and competition.
I.e "too high".
Oh a 0% tax, I see
Lol
Yep, it's not an unusual policy.
It's actually widely supported by economists
Corporate tax is one of the worst taxes, most distortionary.
Very widely supported, yeah
So, are you against taxes in general?
Taxation is theft?
Yes I want low taxes.
Or you just want corporations to have a free pass?
Well, but you want 0%
So, no taxes then?
That's the go to for me.
@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.
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.
It has real long-short run effects too.
I have evidence for all of these effects in those studies I sent too.
So then, do you want to replace it with other higher taxes or cut spending?
Cut
Here goes
I don't care what anyone says to stay away from Asians because of the Corona Virus, if we die we die together period
Wouldn’t cutting spending have negative macroeconomic effects? That’s going to hurt growth
Not always no, say we cut subsidies; privatise state owned assets and companies; cut social programs.
It won’t necessarily lead to lower growth, the effect of lower taxes and the first two policies will likely lead to higher growth.
Dude but if you don’t like the wait you can just pay
“Free”
Private also has wait times too.
Ok?
But less than the 'free' healthcare.
