re: #40 Fat Bastard Vegetarian
I don’t have tax rage (at least, I don’t think I do)… But, the idea of taking 40% of someone’s earnings (I don’t care how much they have) (and that’s only the beginning) is something I just can’t wrap my head around.
Well, you and I will just have to disagree on that
You know that if they invest that money in a business, then they’re not actually taking that 40%, right?
You know that low tax rates for the rich create incentive for rich people to hoard, thus wounding the economy, right?
You can weep for the rich people, I think the fair share of someone who is only making eight figures because of what this government has given them owes a lot more than that.
Rich people have a duty to invest their money and create strength for America through business
Low tax rates for very rich people do exactly the opposite, they foster a hoard mentality, they keep wealth illiquidm, in the hands of fewer and fewer and fewer people, because why risk it? Just sit on it
And America suffers because of that