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by Clubber
726 days ago
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>This isn’t unarguably true. Right now we’re running a very large public debt because we spend more than we collect, so if you collected it in taxes you’d slow down inflation. We would also slow down the economy. Higher taxes = less spending = less GDP. The inverse is also true. https://www.investopedia.com/articles/07/tax_cuts.asp#:~:tex.... Can you give me an example of where raising taxes increased economic growth and lowering taxes didn't increase economic growth? |
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