Prof. Antony Davies: Will Higher Tax Rates Balance the Budget? скачать в хорошем качестве

Prof. Antony Davies: Will Higher Tax Rates Balance the Budget?

When the government raises taxes, does it actually collect a larger portion of the US economy? Learn more: http://bit.ly/1HVAtKP As the U.S. debt and deficit grows, some politicians and economist have called for higher tax rates in order to balance the budget. Professor Antony Davies examines 50 years of economic data and finds that regardless of tax rates, the percentage of GDP that the government collects has remained relatively constant. In other words, no matter how high government sets tax rates, the government gets about the same portion. According to Davies, if we're concerned about balancing the budget, we should worry less about raising tax revenue and more about growing the economy. The recipe for growth? Lower tax rates and a simplified tax code. SUBSCRIBE: http://bit.ly/1HVAtKP FOLLOW US: Website: https://www.learnliberty.org/ Facebook:   / learnliberty   Twitter:   / learnliberty   Google +: http://bit.ly/1hi66Zz LEARN LIBERTY Your resource for exploring the ideas of a free society. We tackle big questions about what makes a society free or prosperous and how we can improve the world we live in. Watch more at http://bit.ly/1UleLbP