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by maxerickson
3028 days ago
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The other trick China used is that it started with a very small economy. Per capita GDP is still less than $10,000 per person, compared to $56,000 in California. Have you done your homework on your tax claim? Because it isn't actually guaranteed that lower tax rates will lead to higher tax revenue, it depends on the specifics of the tax regime and proposed cut. |
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Small or big: cutting taxes provides growth. Including more tax revenue.