Come on @GroverNorquist lets play! Pretend I never studied economics. Explain to me the optimal corporate and personal income tax rates and how deviations from them impact the economy.
This should be fun.— Jeff Abbott (@droplock007) November 23, 2017
The best tax rate?
One clue. In 1774 the average American in the 13 colonies paid between one and two percent of their income in taxes.
1-2%. Seems reasonable.
One rate. One time. No double taxation. Good target. https://t.co/Ac7iq1dZLg— Grover Norquist (@GroverNorquist) November 23, 2017
They also weren’t paying for a fleet of nuclear aircraft carriers, a massive nuclear arsenal, a couple trillion in invisible fighter jets, a standing army, a national infrastructure and highway system, or acting as the world police force. To name a few things. https://t.co/FDEdu0lglm
— Stonekettle (@Stonekettle) November 25, 2017