anarkhos wrote:
1) The truly rich don't pay taxes. Not only can income be hidden in various tax havens, only the rich can buy foreign assets to avoid the inflation tax (which is how we're *really* paying for this deficit).
2) Most taxes can and are passed down via increased prices. A lot of these costs aren't accounted for in GDP because they occur in higher order goods (which is why we import so much these days). Taxes are ultimately paid by those who are lesser equipped to evade them. Higher taxes for one group will have a greater effect of distorting what economic deals can be made given the tax regulatory structure rather than higher revenue for bureaus.
3) Increasing taxes may make you feel better, but does it make you better off? Does increasing the number of bureaucrats increase the average man's income? Does reducing the overall burden make you cry because rich people are being disproportionately unburdened?
Tax politics has more to do with envy than economics.
1) I don't understand how saying that the ultra-rich are bandits, cheats and swindlers is an argument not to tax them. I think it means we should put them in jail for avoiding paying their share.
2) Cite please. This canard only works for corporate income tax not personal.
3) Appeal to emotion very silly for a cut throat business type.
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?We must not look at goblin men,
We must not buy their fruits:
Who knows upon what soil they fed
Their hungry thirsty roots??
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