[quote=dumbrenter]AN, other than the personal observations which is hard/easy for me to make up a counter story/observation, do you have any data that supports the following claim: Increasing business taxes results in employees getting fired.[/quote]
No, I don’t have data to back up my claim. I only have anecdotal evidence to counter SK’s claim:
[quote=SK in CV]There is evidence, however, that the higher than current marginal rates on businesses (we’re talking small businesses here, NOT big corporations) are stimulutive, and I’ve outlined the reasons for that. That argument is very specific to businesses, not a claim that higher tax rates are always stimulative.[/quote]Do you or him can show me the evidence/data which proves that higher marginal rates on businesses owners are simulative? I know my counter is only anecdotal but I haven’t seen any data to counter my example either. The logic of higher marginal rate is stimulative is counter intuitive for me. I have a few anecdotal examples to confirm my thinking that it’s counter intuitive. Maybe the data is really counter intuitive, but I haven’t seen any data to prove it.
Also, keep in mind that business owners can be in other brackets than just the top most bracket. So, if it is true that higher marginal rate stimulate business growth, then wouldn’t it make sense to increase rates for the lower tax brackets as well?
