[Whale biologist]

Originally Posted by Ooloo [You must be logged in to view images. Log in or Register.]

"Tax the rich" is just punitive jealousy. The rich already contribute about 70% of all tax revenue. When you increase tax rates on the rich, they just find legal untaxable avenues to invest in and pay fewer total taxes. When you tax them at lower rates, they are more likely to just pay those taxes, and you collect more net tax revenue because they pay an enormous percentage of all taxes.

This is really basic economics.

no its not, braggart.