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Imagine a new democracy imposes taxes on itself; the tax-credit is then spent, taxed back, thus provisioning public goods in the process.Not all spending is taxed back, thus the public has savings of tax-credits.Why would it make sense to pay more tax-credits to those holding tax-credits?....ClintBallinger.comWhen are payments to holders of the tax-credit by the state ever a useful policy?Clint Ballinger
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Imagine a new democracy imposes taxes on itself; the tax-credit is then spent, taxed back, thus provisioning public goods in the process.Not all spending is taxed back, thus the public has savings of tax-credits.Why would it make sense to pay more tax-credits to those holding tax-credits?....ClintBallinger.comWhen are payments to holders of the tax-credit by the state ever a useful policy?Clint Ballinger
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Mike Norman considers the following as important:
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Imagine a new democracy imposes taxes on itself; the tax-credit is then spent, taxed back, thus provisioning public goods in the process.Not all spending is taxed back, thus the public has savings of tax-credits.Why would it make sense to pay more tax-credits to those holding tax-credits?....
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Clint Ballinger