On 10/08/2012 07:32 AM, Pete Theisen wrote:
On 10/08/2012 06:04 AM, lelandj wrote:
On 10/07/2012 10:47 PM, Pete Theisen wrote:
Hi Everybody,
Why you can't tax the rich:
http://www.zerohedge.com/news/2012-10-07/paris-luxury-apartment-prices-slide-french-1ers-dump-real-estate-avoid-soaring-taxes#comment-2866699
A tax on income that uses increasing rates on each additional layer or
range of income is the most civilized and fair ever devised, (eg the
progressive tax), considering the Diminishing marginal Utility of
Wealth/Money. In the thread you provided I didn't see mentioned the
economics of "Diminishing Marginal Utility of Wealth"
Oh for heaven's sake! This is seldom mentioned in connection with rich
people avoiding taxes because hardly anybody (read "nobody") ever
thinks that way. The people who give you YOUR money? How many of them
are philosophers? Can you even count them on one hand?
The great philosophers of the ages were the catalyst who shaped today's
advanced civilization. Show a little respect; because, you owe them
much more than you realize.
http://www.utm.edu/staff/jfieser/class/110/110-outline-short.htm
Regards,
LelandJ
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