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

To: i-node who wrote (530316)11/18/2009 1:58:56 PM
From: combjelly  Read Replies (1) | Respond to of 1575464
 
"Obviously, by definition, a 100% effective tax rate leaves the taxpayer with nothing. That is not what happened."

No, it isn't. Because, instead of getting money based on what they did, they got a government payment based on other criteria. In principle, they would have gotten the same money even if they didn't work, but because the government assigned you to jobs, that didn't often happen.



To: i-node who wrote (530316)11/18/2009 3:36:43 PM
From: bentway  Read Replies (2) | Respond to of 1575464
 
"Obviously, by definition, a 100% effective tax rate leaves the taxpayer with nothing. That is not what happened."

It's called communism, Dave. "From each according to their ability, to each according to their need." It's EXACTLY how it worked.


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