Taxes

One of the main issues of contention in politics is Tax. What happens when taxes are too high? Can they ever be too low? How does tax affect the economy as a whole?  Let us take a look at the numbers.

Here we see a clear trend of lowering taxes and rising GDP growth. During the last week of August, the tax rate fell by 10% or so, while GDP growth shot up by a whopping 17%. While this may seem to correlate, further scrutiny will reveal that only two days show correlating drastic changes--August 20th and 25th, most likely due to heavily-conferred bills.

Stay tuned for more financial news from the Cloutiverse.