Tax Foundation Model Favoring Cruz Doubted By Many Economists
Historical data on labor participation rates and average hours worked compared to tax rates indicate little relationship with either top marginal rates or average marginal rates on labor income. Relationships between tax rates and savings appear positively correlated (that is, lower savings are consistent with lower, not higher, tax rates), although this relationship may not be causal. Similarly, during historical periods, slower growth periods have generally been associated with lower, not higher, tax rates.
Claims that the cost of tax reductions are significantly reduced by feedback effects do not appear to be justified by the evidence
Should enQ Get To Sell Spots In IRS Phone Queue?
I really hope that this plan does not work, because there is something about it that offends my sensibilities. It is taking something that is free now and turning it into a commodity. I could build a rationale for it, but I rate this as worse than what the rental car companies do when they sell the same couple of gallons of gas over and over and try to intimidate you into buying overpriced insurance. Or the airlines who arrange their cabins on the principle that most people are short and charge extra for seats that don’t require people over six feet tall to contort themselves.
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Over and over again courts have said that there is nothing sinister in so arranging one’s affairs as to keep taxes as low as possible. Everybody does so, rich or poor; and all do right, for nobody owes any public duty to pay more than the law demands: taxes are enforced exactions, not voluntary contributions. To demand more in the name of morals is mere cant.
