On 9/3/2012 8:06 AM, Bruno Marchal wrote:
3) It's also probably why taxing the rich ultimnately  doesn''t work,
it lowers everybody's income to fit the curve.  A nd why trickle
down doesn't work.

I do agree with this. The leftist idea of distributing richness cannot work for many reasons. But richness must be based on facts, and not on propaganda. Today we are living a perversion of capitalism, because too much investment are money stealing in disguise. The whole oil, and military industries, jail systems, and pharmaceutical industries are build on sands. It will crumbled down, and the sooner the better. But it will take time as the most of the middle class and banks are hostage (not always knowingly) of professional liars.

I'm not sure what is meant by 'taxing the rich doesn't ultimately work'? If it means it doesn't produce equality and prosperity, I'd agree. But in the U.S. the tax rate paid by the rich has been higher (even much higher) in the past and at the same time there was prosperity and economic growth. Now the rich (by which I mean people who live comfortably solely on their investments) pay a lower tax rate than the poorest working person. So 'taxing the rich' can certainly work in the sense of fairness.


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