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Yes,it is.And yes, what we need to do is to decrease spending and increase revenue. So, if your assertion that revenue remains a static 18% of GDP regardless of tax rates is correct, then it follows that it really doesn't matter what the tax rates are, only what the GDP is. The next logical question, then, is, how do you know that revenue remains static as a percent of GDP regardless of tax rates?
Yes,it is.
And yes, what we need to do is to decrease spending and increase revenue. So, if your assertion that revenue remains a static 18% of GDP regardless of tax rates is correct, then it follows that it really doesn't matter what the tax rates are, only what the GDP is.
The next logical question, then, is, how do you know that revenue remains static as a percent of GDP regardless of tax rates?
