Do you consider yourself more left or right wing?

[Chrkeller]

bdbdbd said:

RolStoppable said:

Taxes on the rich mean either one of two things or the two things combined:

1. Tax on wealth, be it in possession or on an inheritance.
2. Tax on income.

Neither of which is going to make anything more expensive for the regular citizen.

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.

This.  Board members will raise their salaries to offset taxes and increase CoGs.  Anybody who thinks the rich are going to take a loss without push back are crazy.