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Interesting theory on taxes and why they are imposed
Posted: Tue Jan 18, 2011 1:45 am
by Jccarlton
would like to know how oppressing anyone by confiscating the result of their hard work makes anybody else more free. And how low taxes for everybody taxes anybody out of the economy.:
http://www.dailykosbeta.com/story/2009/ ... tax-system
H/T Roger for this.
Re: Interesting theory on taxes and why they are imposed
Posted: Tue Jan 18, 2011 8:05 am
by MSimon
Jccarlton wrote:would like to know how oppressing anyone by confiscating the result of their hard work makes anybody else more free. And how low taxes for everybody taxes anybody out of the economy.:
http://www.dailykosbeta.com/story/2009/ ... tax-system
H/T Roger for this.
Concentrations of wealth give us an aircraft industry for one. With transport aircraft now running in the hundreds of millions how exactly does progressive taxation improve the air transport industry?
I also note that no mention was made in the Diary of the JFK tax cuts and his reasons for them.