[RoninLB]

A tax reduction either increases incentives to work and invest or it doesn't?

If you work and invest more the total tax paid increases and it is dynamic.

The tax game should be modeled around increasing capital formation and jobs which increases gov't tax receipts.


Gov't debt is decreased with spending discipline and economic growth not by increasing taxes.

In a dynamic economy people always have new opportunity and the chance to lose a current job.


"creative destruction"