| akuma587 said: For one, Mafoo throws around all kinds of labels like its a bad habit. He's like a political label maker. For two, Its not that I don't think raising taxes affects motivation, I just think people are so damn greedy by nature that the effect is negligible. So at the end of the day, greed wins over a 2.5% increase in your marginal tax rate. That's assuming you even pay all of that extra 2.5% as well. |
So, your theory is the more people want to earn money, the more of it you can take away from them?
If people are of an extreme level of greed, they will do what they can to maximize there return on investment. Save it, move it offshore, create tax shelters, whatever it takes.
Maximum greed means raising taxes 2.5% is very destructive. If the rich didn't care about money, you could make the tax rate whatever you wanted.
But the tax rate in the end is really not the problem. The government collects close to 90c on every dollar spent. So they are getting almost all of it already. What you want to do is spark the market. If you are already getting a vast amount of every dollar spent, the solution to increasing money collected for government is to increase the number of dollars people spend. You don't do that in a socialistic economy. You do that in a capitalistic economy.
P.S. Why do you take offense to me calling you a socialist? Are you claiming you're not one? I didn't say it in a negative way. I strictly use it to define someone who feels economic redistribution is the right way to run a country.
You can't be for that, and not for socialism. Obama is for it, and you're for it.
