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Old 04-30-2008, 10:14 AM   #1
xxcobraxx
 
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Default what do you think we should do?

How and why should we cut tax? what would it improve?

In England what do you think of the tax laws?should they be lowerd? higherd? make your point, Im allways intrested to hear your point of view on tax.
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Old 05-01-2008, 01:59 AM   #2
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Default Re: what do you think we should do?

if you lower income tax it has a positive effect on economy because it means that more money will be moving around. As long as money is switching owners (instead of sitting on someones bank account) a countries gdp will continue to rise.

Obviously it can also have some negative effects, such as lowering the amount of money that the government gets etc. It all depends on how much you raise/lower the tax and when. A lot of factors involved and some of them are quite damn confusing. (at least to me) And the thing is that even though the experts tell whats the best thing to do when thinking about the future of economy in a certain country the politicians never listen.
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