Re:The Story of Apple's $14B Tax Bill
by paulddraper on Tuesday December 20, 2016 @05:27PM
(#13224811)
> Trickle down economics doesn't work.
Trickle up economics (is that what you call a luxury tax?) doesn't work.
> August 1993, the Congress decided to eliminate the “luxury tax” since it did not achieve its main objective...According to the tax's critics, these revenues were disappointing and unsatisfactory and also negatively impacted the incomes of the sellers of the luxury items.
Trickle up economics (is that what you call a luxury tax?) doesn't work.
> August 1993, the Congress decided to eliminate the “luxury tax” since it did not achieve its main objective...According to the tax's critics, these revenues were disappointing and unsatisfactory and also negatively impacted the incomes of the sellers of the luxury items.