The Mudcat Café TM
Thread #115365   Message #2468683
Posted By: Bill D
17-Oct-08 - 06:50 PM
Thread Name: BS: Tax the rich? (Sorry if already posted)
Subject: RE: BS: Tax the rich? (Sorry if already posted)
Lots of hypotheticals in that system he describes.

I don't think anyone is suggesting the rich should not have benefits from being clever enough to BE rich....paying more taxes can still leave them better off by far than most of us.

The problem is, they usually want NO restrictions on how much they can keep or how they get it. This, as we have seen, leads to abuse of the system.

I think a guy who makes $3 million profit can learn to live ok on $2.3 million