Re: UNCIVIL UNIONS
"nicholas a. evans" <[email protected]>
| Newsgroups | gmane.music.dadl.ot |
|---|---|
| Message-ID | <[email protected]> |
On Mar 9, 2011 10:59 PM, "Karl Swenson" <[email protected]> wrote: > Some of those rich people worked hard for their wealth and deserve the right to have it So are you proposing a labor theory of value then? ;-P Plenty of charlatans and thieves and arbitrageurs are workaholics. Not that all or even necessarily most rich fall into one those categories. But "working hard" is not a good enough justification for taking the lion's share of the profits. > Many of those rich invest a lot into their communities and into businesses creating jobs. Well then, why are we taxing the rich at all? We should be so lucky as to have such generous patrons. Perhaps we should be paying them! (Oh wait, we already are.) > And the other factoid is that if you raise their rates, you gain a year or two (if that long) before they either are not rich any more, Factoid? Really? It sounds more like a (baseless) assertion or prediction to me, and completely in contradiction with the historical record; in particular when their effective tax rate was higher. Citation needed. > or they find ways to move it offshore/hide it. Did lowering their tax rates or even keeping them steady slow down this process? Or even affect it in any measurable way? > Rich people spend and hire and buy stuff. Poor people also spend and buy stuff. And they do so at a faster rate than do the rich. -- Nick -- dadl-ot mailing list http://mail.thehood.us/mailman/listinfo/dadl-ot_thehood.us http://news.gmane.org/gmane.music.dadl.ot