which hurts small businesses more. Go with the Ireland corporate tax rate and eliminate big business tax welfare.
I don’t care about the amount wealthy individuals pay in taxes. It isn’t as if they are burying their money in the back yard. A lot of their personal wealth ends up in the hands of those normal working people who provide them with goods and services. But there should be disincentives for them to find off shore investments and “tax shelters”.
I think most economists with any sense know the current trajectory of printing & borrowing money and running huge deficits is unsustainable.
The link provided is from 2017 and now in 2021 the trajectory is much worse than the CBO projected.
Link: https://www.pgpf.org/analysis/2017/03/as-policymakers-consider-changes-cbo-warns-fiscal-outlook-remains-unsustainable