12-13-2016, 09:53 PM
(12-13-2016, 03:27 PM)David Horn Wrote: Butting in here, but I have to go with Mike. If you cut my tax rates, it will merely take me less time to achieve the amount of after-tax income I need to be comfortable.
You're assuming I'm cutting your taxes as well as your tax rates. That might not be a good assumption. For example, I might be taking away all your deductions, leaving your tax burden as high or higher than before, even with the reduced tax rates.