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Will Amazon Get a Visit From the Tax Man?

eipgam Re:Of course it will (334 comments)

There's an economic argument that progressive taxes can act as automatic stabilisers that dampen fluctuations in real GDP of the economy. So in an expansionary economy people pay more as a proportion of their income in tax, and in a recessionary economy it's the opposite. This can help to avoid government action which generally lags significantly and can just amplify the boom or bust.

more than 6 years ago

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