TheRealMafoo on 19 October 2008
| akuma587 said: WTH, all three of those sources give different data of tax revenue as a percentage of GDP...At least two of them are wrong. |
While all three could be wrong, only two are competing for the save meaning. The 19.5% thing is only the tax collected from the rich. The point of the article is if you raise it to over 90% (like we had in the 60's), the rich just do something else with there money (like invest it or spend it off shore).
There is one common thing about the rich. They want to make the most money they can with the money they have. When you make it less attractive to spend that money in the US, they find better places to spend it.
