ALJAZAM Inside Story October 28, 2015
Twin policies. Does it work . Does it matter if it works . Cutting taxes and raising dough. Thats the inside story. Welcome to inside story, im ray suarez. Remember the curve, the simple graph that said at one end, if the taxes were zero, the government revenue would be zero, and if they were at 100 , people wouldnt work and wouldnt pay and the revenue would shrink to zero. There was a sweet spot in the curve. People are rational beings, taxes too high would encourage cheating and drop revenues, even at higher levels of taxation, and lower levels would increase profit making. Creating more tax...