 |
“America is a land of
taxation that was founded to avoid taxation.” Laurence J. Peter
What is the proper level of Taxation? What is “fair”? What is most beneficial to the economy? How will the economy react to a change in Tax
Policy? Do higher Tax Rates increase Tax
Revenue? These are tough questions
facing every nation. There is plenty to debate and lots of history
to consider. The history of taxation in
this country is full of experiments.
Why is it so contentious this time?
Because of the economic backdrop.
Because of philosophical differences. Because behavioral responses (to a change in
tax policy) are difficult to predict. Because
the “facts” are hard to find. Because we
are dealing with two incredibly complex systems, taxation and economics. If you are interested in the debate, take a
look at this
article from the Wall Street Journal.
Visit Dustin on
