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Politics : Formerly About Advanced Micro Devices
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To: Tenchusatsu who wrote (358666)11/15/2007 9:06:46 PM
From: SilentZ  Read Replies (2) of 1573348
 
>People who are already rich don't care about jacking up income taxes, because they know it will never affect them.

That's only people who are idly rich.

>People who aren't rich yet but have the greatest capacity to become rich will be screwed over by high income taxes, because their income is the very means by which they will become rich. Hence their only alternative is to effectively "win the lottery," if you get my drift.

Which is why income taxes should be progressive.

-Z
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