12-13-2016, 03:29 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. I may elect to work as much and use the extra for <insert savings or spending preference of your choice>. I could also use the subsidy to work less for the same income. The only time your model works well is when demand is already high and more income is needed. Even then, the odds aren't high at the rates you're discussing. If the cuts were temporary, then there may be a real incentive to 'get while the getting is good'. Otherwise, why hurry? The money can be earned later if needed.
Seconded.
That this nation, under God, shall have a new birth of freedom, and that government of the people, by the people, for the people shall not perish from the earth.