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Old 01-05-2011, 01:49 PM   #4537
sebastian_dangerfield
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Re: Election 2010: Teabaggin' the Ds & Rs

Quote:
Originally Posted by Tyrone Slothrop View Post
There is no doubt that raising taxes will dampen economic activity. But revenues won't remain constant. You're just making sh*t up for the sake of argument.
I acknowledge my error. As Cletus noted, they may go down. I assume you assume they'll go up.

The movement will be minimal. The tax can never be implemented fast enough to beat the money running offshore or employing structures to avoid it.
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