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Originally Posted by LionsDen
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Originally Posted by godfry n. glad
Please note that the logical conclusion of his assertion is that infinitesimal taxation generates infinite tax revenues. Ergo, taxing each citizen $.01 each year will generate more than enough revenue to cover all government expenses and pay down the debt at the same time.
On the face of it, such a proposition is absurd.
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You need to read the OP again. Rush addresses your mistake about zero tax rates. |
You just can't stop kicking yourself in the nuts, can you?
It's awesome to watch you finding new ways to look stupid.
Anyhow, setting aside your strange belief that 1=0 and your helpless confusion when confronted with a
reductio ad absurdum, let's look at what Rush actually expectorated:
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It works every time it is tried, if the top rate that you are reducing is not too low. You reach a point where you are not going to raise revenue if your tax rate is zero. There is a formula for this.
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Oops! Like Lions Den, Rush somehow forgot to mention what the "formula" is!
Instead we get this amazing jewel of insight: As long as the rate isn't
too low -- how low? so low that revenue doesn't go up! -- then revenue goes up.
Really? And you say this
works every time, eh? Go figure.
Jeez, what a shame that the utter vacuity of this silly move wasn't pointed out to you right at the outset. Or... wait...
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Originally Posted by Clutch
You give no... interpretation of what "lower" and "higher" could mean in concrete terms.
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That's right, peaches -- you're just plain old addicted to making a fool of yourself. Fortunately, you've picked an audience with a really high tolerance for watching morons do pratfalls. So this appears to be win-win!