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I think that's true.
Anyways, the question can't be answered in a vacuum. You have to know what the current tax rates are, the current environment, etc. etc. etc.
Obviously, assuming there is going to be a tax, the ideal rate is higher than 0% (at which rate there would be no tax revenue), and 99% (lowering from that rate would obviously increase revenue, as the economy would grind to a halt at that rate).
So whether increasing or decreasing taxes will increase revenue depends on the starting point, and lots of other factors.
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