Why we need a flat tax.

[That Guy]

ManusJustus said:

That Guy said:

they theory is more like the trickle down effect.

If a rich guy has more money, he's not going to "give the money away." Rather, with his extra 10 million dollars, he will probably buy some cars and maybe 3 more houses and maybe invest in some stocks and, iono, go to vacation in Hawaii.

If a poor guy has more money, he is also going to buy goods, which will improve the economy.  Your argument goes nowhere.

 

yeah where's the poor guy getting money? Probably from his JOB working for the rich guy. If the rich guy had less money, maybe he wouldnt' be living it up in Hawaii and the poor guy would thus be unemployed.

 

And thank you for bringing up the multiplier effect. Yes, in turn, after the poor guy gets a 20 dollar tip from the rich guy, the poor guy can turn around and buy milk and diapers for his kids, and the grocery store gets money, which in turn pays off the grocery store workers and etc. etc.