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Lv 6
? asked in Politics & GovernmentPolitics · 3 years ago

Is it true, "Higher tax rates often cause lower tax revenue!"?

https://www.youtube.com/watch?v=FqLjyA0hL1s

6 Answers

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  • ?
    Lv 7
    3 years ago

    TO THE CONTRARY

    Actually during Bill Clinton we had a higher corporate

    tax rate and we had higher tax revenues.

    And the lowest National Debt increase since WW2.

  • ?
    Lv 7
    3 years ago

    yes, high taxes slow economic activity

  • ?
    Lv 7
    3 years ago

    Nope. Rich people do not stop being rich just because they have to pay more in taxes.

    PragerU is not an actual university. It is a conservative propaganda outlet run by conservative hate radio personalities.

  • Anonymous
    3 years ago

    Myth

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  • Anonymous
    3 years ago

    Yes. Fewer jobs, fewer taxpayers.

  • ?
    Lv 7
    3 years ago

    historically no

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