Re:Evidence from leaked account data on how elites use offsh...
by devmunchies on Saturday May 08, 2021 @06:28PM
(#27091362)
it's a bell curve, taxes too low and govt doesn't make enough, taxes too high and people are disincentivized to pay taxes, invest, start businesses, etc.
> won't really make that much of a difference
is that you hunch or you have data? I remember seeing the bell curve in an undergrad business class.
I'd imagine a 20% vs 45% tax will absolutely have different outcomes.
If someone is already dodging taxes then they will probably continue but the next generation of millionaires should never start.
That's why I think it's related to pirating movies, it's a similar dynamic.
> won't really make that much of a difference
is that you hunch or you have data? I remember seeing the bell curve in an undergrad business class.
I'd imagine a 20% vs 45% tax will absolutely have different outcomes.
If someone is already dodging taxes then they will probably continue but the next generation of millionaires should never start.
That's why I think it's related to pirating movies, it's a similar dynamic.