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To: C. Edmund Wright
The principle still stands....but nothing happens in a vacuum.....and it’s hard for states to make happen because most taxes are Federal taxes, and the state’s individuals and businesses don’t get any federal cuts just because they get state cuts.

I agree that the theory still stands but when put into practice then the results are mixed. Sometimes it works, sometimes it doesn't.

19 posted on 07/04/2015 5:08:46 AM PDT by DoodleDawg
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To: DoodleDawg

True, altho on the Federal level, it almost always works....because that’s the biggest tax load. I think it’s less predictive on the state and local level.

For example: I could have my state taxes cut by, say, a huge 25% - but it would still be just a rounding error compared to my Federal taxes.


21 posted on 07/04/2015 5:16:40 AM PDT by C. Edmund Wright
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