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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: i-node who wrote (432077)11/2/2008 2:41:25 PM
From: combjelly2 Recommendations  Read Replies (1) | Respond to of 1573221
 
"Why can you not see that when you take money from the most productive members of society and give it to the least productive, it encourages people to become less productive?"

This is one of those "how many angels can dance on the head of a pin" type of arguments. By giving low income people a couple of hundred bucks a year isn't going to mean that they stop working. Or even slow down. Likewise, raising someone's taxes by a couple of percent isn't going to mean they quit working, either. So this is a totally bogus argument.

And as to those making 10s of millions of dollars worth of bonuses, where a few percent does mean a lot of bucks, if a small increase in their tax rate discourages them, so much the better. They were the guys who structured our current economic mess. If they hadn't of tried to shake dollar bills out of places they shouldn't have, we'd all be in better shape.