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Politics : View from the Center and Left
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To: neolib who wrote (94122)11/5/2008 4:48:42 PM
From: TimF  Read Replies (2) of 541793
 
Even if true it doesn't mean that higher taxes on them don't have a negative effect.

One of those negative effects is that it creates more incentive to cheat.

If 50% are cheats then 50% are not, and for the 50% your talking about "cheating" doesn't equal not paying tax. If they manage to hide some income increasing the tax on the rest of their income (probably a strong majority of their income if your talking about that many cheaters) has the negative effects of reducing the incentive to work and invest, and distorting the investment in to tax favored areas.
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