From: "Gary Britt" 

It is an accurate blanket statement for the relevant range of taxation upon
which all modern economies operate.  The fact that its not true at
extremely low rates of taxation never applicable in your country and not
applicable in ours since around 1920 or 1930, is completely irrelevant.

Gary

"Adam" <""4thwormcastfromthemolehill\"{at}the
field.near the bridge"> wrote in message
news:4397e196$1{at}w3.nls.net...
> Gary Britt wrote:
> > Its not a linear curve.
> >
>
> No mention by you of curves etc. your statement of beleief is:
>
> "Tax Rates go down, Tax Receipts go UP"
>
> This is a fallacy.
>
> > Next Question:  How do you know where you are on the curve.
> >
> > Next Answer:  When it stops working, you've gone too far.  So far its
worked
> > every time.
> >
>
> Riiiight.
>
> So it's not a blanket statement & it depends on many other factors such
> as which taxes are cut, to which sector, what state the economy is in etc.
>
> Merely paroting taxes go down receipts go up is a simple lie being
> repeated by those who wish to believe it were true. At very high level
> of taxes it works but the US is not at very high levels of taxes.
>
> What your country is looking at is servicing historic levels of debt
> (with interest etc) & where this is an added extra for your gov to spend
> your money on.
>
> If the patience of foreigners runs out before you have started seriously
> cutting the debt then you're in for a very bumpy landing.
>
>
> Adam
>
> > Gary
> >
> > "Adam"
<""4thwormcastfromthemolehill\"{at}the field.near the
bridge"> wrote
in
> > message news:439747b6$1{at}w3.nls.net...
> >
> >>Gary Britt wrote:
> >>
> >>>Anyone can pick selective quotes out of context to construct an
> >
> > incorrect
> >
> >>>and fallacious argument.  That is wikipedia on this subject.
> >>>
> >>>I know the facts.  I lived them.  I read about them as
things actually
> >>>happened.  I don't need to read some know nothing nobody's
uncensored
> >>>wikipedia misleading to incorrect thoughts to know what I
lived through
> >
> > and
> >
> >>>read about at the time it was happening.
> >>>
> >>>Tax Rates go down, Tax Receipts go UP.  Tax Rates go down, and the
> >>>percentage of tax receipts paid by the wealth goes UP.
> >>>
> >>
> >>It's a fallacy. OK then cut rates to zero & how do tax
receipts go up?
> >>
> >>Adam
> >
> >
> >

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