It's a hoax in that it's a straw man that no one advocates for.
It's a hoax in that it's a straw man that no one advocates for.
The one area I'd push back strong on is that nobody is "advocating" for it. Many stockholding orgs/individuals are. They don't care if its a straw man, they know what the real-world systemic effects are of lower taxation rates.
The real concept, which is actually true, is business owners and managers and investors have money - whether risking money for a startup, or spending revenue from customers - and that money goes into investing in infrastructure and paying salaries, and paying taxes. Their taxes then pay for the public sector employees' jobs and all other public costs. That hierarchy is why making sure people want spend their time and money in your country, because it pays for everything else.