|
Do you guys just have 0 knowledge at all about taxes? lol
Yes, keep increasing the tax on the rich and giving them reasons to continue doing shady things and cutting jobs
The issue is the expectation that it's the rich people who solely have to and can fix your economy, taxing them more and more is no solution to your problems, you've had this system in place for years and yet it's still failing horribly, not that hard to understand why
|
Do you? Not taxing the rich by a much higher percentage creates massive inequality within the economy, which obviously is bad for growth. Wealthy people also save a much higher percentage of their income compared to everyone else, this means less consumption and therefore less growth. Taxes redistribute the income through government spending which does create growth.