Re:Alexandria Ocasio-Cortez Wants to Raise Taxes on the Rich...
by gnicholas on Friday January 18, 2019 @03:12PM
(#18942578)
> And, if that is true wouldn't it be a short term benefit for attorneys that would settle back to what's the current norm now after a few years?
It would lead to a higher steady-state amount of work because taxpayers would get more bang-for-buck from their tax planning dollar. See my other comment for an example of how an increase in the nominal rate leads to more tax planning activity.
It would lead to a higher steady-state amount of work because taxpayers would get more bang-for-buck from their tax planning dollar. See my other comment for an example of how an increase in the nominal rate leads to more tax planning activity.