tag:blogger.com,1999:blog-11015870.post114459976220955882..comments2023-11-03T08:29:56.308-07:00Comments on Economic Trends: What is a fair tax rate? More Tax Foundation StudyErnie Gosshttp://www.blogger.com/profile/04960355803509595037noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-11015870.post-1144951443163772722006-04-13T11:04:00.000-07:002006-04-13T11:04:00.000-07:00You are right that the effects of lower rates coul...You are right that the effects of lower rates could generate more revenues over time. I'm not so favorably inclined to your international cap idea. Surely if security matters require international spending, we should spend accordingly. But as previously discussed in the blog, lots of people are distrustful of Congressional spending, and I take it that your suggestion reflects some of that distrust.Ed Morsehttps://www.blogger.com/profile/15167592902318886820noreply@blogger.comtag:blogger.com,1999:blog-11015870.post-1144858852670003802006-04-12T09:20:00.000-07:002006-04-12T09:20:00.000-07:00"A more important question might be: if we paid on..."A more important question might be: if we paid only 15 percent of our income in taxes, would you accept the size of government that results?"<BR/><BR/>I wonder how much government would shrink if personal income taxes were reduced to only 15% across the board. With people having more money in their pocket to spend or invest wouldn't that raise corporate profits or raise stock prices resulting in more taxes coming in from these two sources? I personally think less time should be spent analyzing the tax rate and more spent on analyzing WHERE the tax money is spent by our government. Unlike now their should be a cap on how much of it can be spent internationally, thus keeping more of it in the U.S. which would in turn generate more tax revenue. What do you think?Anonymousnoreply@blogger.com