Haven't low federal income taxes led to financial and economic turmoil? - why are my federal taxes so low
Appear for nearly 95 years, preceded by lower federal taxes by the rise and fall are. Examples: 1925 - Coolidge reduced the marginal and the stock market is booming and the economy (bubble?). 1928 - 1929 - stock market falters, then accidents, followed by the Great Depression. 1981 - Ronald Reagan began reducing tax rates, Bush, em HW floors, "even more, as Clinton, just a little, like the economy and stock market recovery (except '87 and '90 crash -" 93 recession) for several years after a accident in 2000. Taxes remain low in 2000, the economy, financial markets and financial markets around the rally, on the edge, and then crash after 2007, especially in 2008. Coincidence? Or result in the federal tax real boom and bust?
Monday, February 15, 2010
Why Are My Federal Taxes So Low Haven't Low Federal Income Taxes Led To Financial And Economic Turmoil?
3 comments:
To increase prosperity tax cuts, increase, increase the number of jobs. Higher taxes reduce the number of jobs, economic damages, individual taxpayers and poverty. Govt spending kills the economy, particularly unfunded expenditure.
The cause of the bubbles are not tax cuts or increases. The cause of the credit bubble is too simple and borrow at low interest rates and so people spend more than they can really afford.
In this case, you need a statistic. In general, a regression analysis. The reason is necessary because a number of factors that may affect the economic boom and recession, not just the tax rates. And then a correlation is not causation.
If you are interested, it is in the field of microeconomics. And not a simple answer.
You're cherry-picking your data, you have all the numbers, not running, just interesting.
No, not responsible.
The blind greed, stupidity and ignorance has led us here
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