3129 Wrote:
Nov 29, 2012 5:51 PM
Changing tax rates changes human behavior. Right now major Corporations are distributing dividends in order for the stockholders to avoid paying the increased taxes that will result in January. People are selling their stocks in order to reap the benefits of a 15% capital gains tax before the capital gains become regular income in January. Tax reductions, according to the Laffer curve, would make it cheaper to pay the taxes instead of employing expensive CPA's , and more people would just pay the taxes. The Secret Service reports that Obama and Pelosi were recently attacked by brain hungry zombies, but escaped unharmed when the zombies were unable to find anything to eat. Viva la revolucion.