Corporate taxes s debt service

Trump chose the latter, and was proven slightly positive. The pensions tell me that, they returned nearly their 7% over the period, the expansion sustained  two extra years.

The test is rather simple, corporate taxes are simple a tax on an accounting contract, the corporate charter, which is voluntary.  But the corporate charter has utility, it presents a standard accounting system for trade evaluation. On net, assigning responsibility for government collections to the debt market was more efficient.

Banks make better, and fairer, tax collectors than corporations. Hence negative rates up to a half point and manufactured siegniorage streams.  Central banking makes for efficient collections, we have a fiscal theory of price in this economy.