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Overnight Open Thread

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drcordell2/19/2010 8:51:51 am PST

re: #696 Guanxi88

Who denies it? I’m trying to figure out how the income tax is related to the facts of differential compensation. That’s the missing piece.

I am saying that paying taxes is what keeps our government running, and therefore what keeps our entire economy running. And without the rich paying their fair share of taxes, the entire system breaks down. And then the lives of the rich get a whole, whole lot worse.

Would you want to be a millionaire driving around in Somalia? I sure wouldn’t. Political stability is the key factor in allowing an upper class to develop. Without being lynched by a pitchforked mob that is.