He\’s been reading Ritchie\’s report and comes out with this:
While the United States has one of the most effective tax regimes, especially for on-the-books wage earners and pensioners, and one of the smallest underground or shadow economies, it has the largest amount of tax evasion measured in dollars.
Yes, having the largest economy in the world will do that. A small portion of something very large is large in absolute terms.
The United States has lower tax rates than eight of the nine other top 10 tax evasion countries. Rampant evasion in America raises doubts about the notion that high tax rates fuel evasion.
Where the fuck did that come from?
We\’ve just said that the US has less tax evasion than other countries and that the US has lower tax rates than other countries.
This is proof that high tax rates don\’t cause evasion how?
Does just reading Ritchie fry brains now?