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Author: SGIZ1 Big gold star, 5000 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 1963230  
Subject: Re: Jobs over debates Date: 10/5/2012 11:50 AM
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I have to ask why the left has such a problem with understanding dynamics?

You guys view everything as static

YOu can have high taxes and high growth (but the growth would be higher during that time if taxes were lower,etc.) its all about snapshots in time, the dynamics of the moment/market/etc.

Fact is good times or bad times, growth is reduced by every % point higher the tax rate is.

If you had 39% tax rates and 5% growth, if taxes were 36% that growth would have been 5.5%, its dynamics. On the flip side you can have 20% tax rates and 1.3% growth, lowering it to 15% could/would increase growth, maybe to 1.8%.

But to view it static and say Clinton years we had x tax rates and growth was Y = higher tax rates = better growth is as dumb as it gets.
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