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Home / Mike Norman Economics / Why would it make sense to pay more tax-credits to those holding tax-credits? — Clint Ballinger

Why would it make sense to pay more tax-credits to those holding tax-credits? — Clint Ballinger

Summary:
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?....
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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