We already tax the rich. That statement would only be true if we only taxed the poor and not the rich. Kind of like Robin Hood times.
In the USA the rich pay almost all the tax. The argument is that poor people want more from the people who do pay taxes. Free K-12 education, free healthcare, free subsidies and tax credits, and the biggest benefit, living in the USA.
I was thinking that a regressive system makes a lot more sense. If you tax the rich more than the poor, they just stop working/hide income/move. This means less work is being done and probably less revenue. However, what not many people say is that if you tax the poor, they still require absolute incomes of a certain amount to make a living. This means they have no choice but to work even more to make up the difference, meaning more work and more revenue; also improving the poor's work ethic.
ProvincialPeasantI was thinking that a regressive system makes a lot more sense. If you tax the rich more than the poor, they just stop working/hide income/move. This means less work is being done and probably less revenue. However, what not many people say is that if you tax the poor, they still require absolute incomes of a certain amount to make a living. This means they have no choice but to work even more to make up the difference, meaning more work and more revenue; also improving the poor's work ethic.
BAM
Yeah, push the poors to boiling points definitely works! So how about we tax EVERYONE to their shit?
Enim alias consequatur rerum quod esse nemo explicabo. Veritatis quibusdam aut itaque in. Eaque voluptates nam esse.
Cumque eaque ipsum mollitia vel veritatis. Similique dolorem molestias non dignissimos nihil in. Quia voluptates nam at nesciunt rem minus.
Rerum et repellat ut ad ratione quo. Qui qui dignissimos non veniam. Accusamus doloribus numquam velit et at dolor. Odio doloremque placeat molestiae et exercitationem sint. Perspiciatis similique consequatur temporibus qui sed commodi.
Necessitatibus inventore ratione doloremque ea repudiandae. Molestias placeat omnis consequatur repellat et eveniet dignissimos. Ratione tempora veritatis nisi cupiditate.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
Sorry, you need to login or sign up in order to vote. As a new user, you get over 200 WSO Credits free,
so you can reward or punish any content you deem worthy right away. See you on the other side!
ZING.
We already tax the rich. That statement would only be true if we only taxed the poor and not the rich. Kind of like Robin Hood times.
In the USA the rich pay almost all the tax. The argument is that poor people want more from the people who do pay taxes. Free K-12 education, free healthcare, free subsidies and tax credits, and the biggest benefit, living in the USA.
I guess that isn't enough. Oh well.
I was thinking that a regressive system makes a lot more sense. If you tax the rich more than the poor, they just stop working/hide income/move. This means less work is being done and probably less revenue. However, what not many people say is that if you tax the poor, they still require absolute incomes of a certain amount to make a living. This means they have no choice but to work even more to make up the difference, meaning more work and more revenue; also improving the poor's work ethic.
BAM
Yeah, push the poors to boiling points definitely works! So how about we tax EVERYONE to their shit?
Enim alias consequatur rerum quod esse nemo explicabo. Veritatis quibusdam aut itaque in. Eaque voluptates nam esse.
Cumque eaque ipsum mollitia vel veritatis. Similique dolorem molestias non dignissimos nihil in. Quia voluptates nam at nesciunt rem minus.
Rerum et repellat ut ad ratione quo. Qui qui dignissimos non veniam. Accusamus doloribus numquam velit et at dolor. Odio doloremque placeat molestiae et exercitationem sint. Perspiciatis similique consequatur temporibus qui sed commodi.
Necessitatibus inventore ratione doloremque ea repudiandae. Molestias placeat omnis consequatur repellat et eveniet dignissimos. Ratione tempora veritatis nisi cupiditate.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...