| Dark_Lord_2008 said: Indirect taxes such as sales/VAT taxes adversely impact the poor, working classes more than the middle class/rich. Income tax cuts favour the middle class and rich who get a lot more money back in their pocket. The tax burden has been shifted from the high income earners onto the low and middle income earners. The upper classes are more likely to be investors who have much lower tax rates than the lower/middle classes whom generally work for a wage/salary with higher tax rates. |
I really don't think all is investing, It's also demand. If the middle class creates more demand then it's smart investment and also more likely your business will survive, More costumers.. The tax's going up on the rich won't even affect them investing, unless it goes above 50%. I think Infrastructure has always been a strong backbone for middle class. You get paid well, work your arse off and get better results from business and the ecconomy. If you make things easier and better, it will provide cheaper travel, faster results(which in business is massive) and will amp up the ecconomy. Ask any ecconomist, The faster money is moving with obvious regulations, The better the ecconomy. I just don't get why people don't understand that money don't move on the top, which means a weaker ecconomy. So make them pay the same as everyone else. Just be fair. I pay a little over 25%, no loop holes. You give that to good things like Infrastructure, those workers will create massive demand.
