Quote:
Originally Posted by ChasC5
Instead of “ reading” about “ Why taxing the rich doesn’t work”, I can tell you “ personally” “ Why taxing the other 98% won’t work”!  |
Over the past 70 years revenues as a percentage of GDP have always hovered between 17 and 20%.... what does that tell you? Taxing the Rich doesn't work... period. The only way to increase revenue is to increase GDP. That's not a right/left idea.... it's just simple economics and logic.
We have created a system in which the bottom 1/2 pays nothing yet still gets to vote... so of course they'll continue to vote for handouts and paying nothing. The top earners bear nearly all of the tax burden.
A progressive income tax is the definition of unfair.... move to a flat tax and create incentives for companies to invest in America. Capital is just economic energy... it follows the path of least resistance.
All this "tax the rich" bull**** is just a way to flame class warfare and keep the ignorant masses voting D.