As age groups fragment exponentially with each passing decade it gets harder to predict the impact of rising income tax rates. Tax calculator 2015 rising interest rates will be no exception. The hope, as always, is that raising interest rates ease the economy. The logic behind this seems sound, but doesn’t hold up under scrutiny.
Because of this uneasy situation, tax calculator estimations will be unpredictable. Past studies show all age groups will be able to spend or save as in the past, where tax hikes have shown little or no changes in consumer spending. However, in recent studies, spending was depressed during tax rate changes. So just how can the impact of rising interest rates be truly monitored as to the impact on taxes.
Unfortunately that can only happen over a long period of time. So as we look to what the tax calculator 2015 hopefully presents it will only give a true reading over the next few years as too whether it made any real impact or if it was just another failed attempt to help the economy with temporary means. The problem is it may be the only real way of finding an answer unless the government finds someone who can truly see into the future or as we await the invention of a time machine.