Do you consider yourself more left or right wing?

[bdbdbd]

RolStoppable said:

bdbdbd said:

But they do. If income tax is raised, you need to raise wages so that you earn same as you did before, which turns to raising prices for customers.

If you tax wealth - which usually is shares or apartments and such - your wealth need to create more income to pay the taxes. More dividents require higher prices, you need to raise rents if they tax your apts you're renting and so on.

The money has to some somewhere always and in a modern capitalistic society it comes from the market.

We are talking about taxing people who have more money than they need. Your premise that they should keep earning as much after a tax increase as before the tax increase is inherently flawed.

If we tax people who have more money than they need, this is very marginal group and have virtually no effect on people's welfare, but they still want their wealth to generate more wealth which turns to higher prices. This is also monet they invest to prevent the earnings to lose value due to inflation.