SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : A US National Health Care System?
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Lane3 who wrote (17121)4/20/2010 12:49:46 PM
From: Alighieri  Read Replies (2) of 42652
 
No, that's not what the article is talking about. We've been over this before. That piece is not about the morality of taxing the poor. You may choose to read it that way but you're inserting your own biases/reading comprehension shortfall into it. What it's talking about is the unhealthful incentive created in a scenario when voting majorities can effect transfer payments from minorities to themselves.

There's so much cynical non sense in that article it's hard to not be nauseated by it. It's the same as saying that unemployment insurance conditions people to not work, as if suddenly an additional 6% of the folks decided to get lazy this past year or so. It ignores the ever widening gap of income in america. Look at the garbage below...

When faced with increasing tax rates, taxpayers will reduce their income, which is why it is impossible to raise a lot of revenue by increasing taxes above a certain point. As taxes on income rise, taxpayers spend less time on work and more on leisure. They avoid sales of investments and assets which could trigger income until they can pair them with offsetting losses from other transactions. They spend billions of dollars on tax advice and structuring to reduce their tax burden, which makes economic sense for them but which is a waste of resources for our society. In the aggregate, a tax system that is hostile to investment and growth has a distortive effect which harms U.S. productivity and reduces the standard of living of our whole nation.

Al
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News