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View Diary: Conservative Exceptionalism (184 comments)

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  •  Thanks for pointing out the backwards incentive (1+ / 0-)
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    jennifer poole

    The argument that jobs are created by lowering the tax rate on a business that files its taxes as an individual has always seemed to me like a sign error.  I'm not an economist, but it seems to me that the higher the tax rate, the less valuable profit is, and therefore the more likely a business will hire more people instead of simply hoarding excess revenue.  I don't know how strong that effect is, but it at least calls into question an argument that Republicans have been allowed to treat as axiomatic for far too long.

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