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What is the correlation between an increase in gov't revenue via higher taxes on rich and a robust economy? 

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Many people cite fancy graphs and charts showing that post WWII when tax rates were higher on certain incomes the economy was much better. I would like to know how one corresponds to the other, as in, how does gov't having more revenue equate to the economy being better off, to me it doesn't add up, but that's why I ask. Thanks 

Asked in Arts & Humanities - 265 days ago

Tags: What is the correlation between an increase in gov't revenue via higher taxes on rich and a robust economy 

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neden
neden
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People hoard money. No one likes to spend their resources. Even resource rich people hate to spend their resources. They love to indulge their wants and desires but if they can do this without spending much money they would.

Taxing improves the economy because the government will spend whatever it can. It's obvious that spending money moves the economy. Government forces monetary circulation by taxing money hoarders.

Answered by painperdu at Aug 30, 2011 06:53 AM

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painperdu
painperdu

Five!

Answered by Bob at Aug 28, 2011 04:09 PM

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Bob
Bob

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