There is no "Tax the Rich"

by Kiran Hill on Monday, November 1, 2010 at 3:35am

I was just eating breakfast at the chow hall, and they had some program on ABC.

I would never watch ABC of my own accord, but there it was interrupting my breakfast.



So the main gist of the show was that "Taxing the Rich" would solve everything. That the taxing of the rich was necessary and was good, and what the hell the rich have lots of money so what do they care if they part with a little more of it? They are still rich right?

This is a very childish logical flaw that many of my otherwise liberty minded friends fall for. Actually a bunch of republicans fall for that too. (I am looking at you Ben Stein).



This graph shows projected gains from tax increases and real gains.
Any possible benefits of the tax increase disappear quickly, but the harm remains.



It is childish, like the logic in believing a pyramid scheme, or a Nigerian email scam.



It is harmful for various reasons, and it is good for no reason at all.

Any increase in taxes on anyone is an increase of a burden on the economy that everyone pays.

Any increase in taxes is a decrease of wealth to all (except for those that make millions from the government tit)

In the free market if you over tax or over regulate people or products, they move to where they are not overtaxed. When they move, the society that they move from is deprived from the legitimate taxes that they used to pay, and deprived from the benefit that they provided to the economy with their existence. This makes it harder for the poor to escape being poor.



a tax burden in a free market is a burden on everyone.

Taxes on the wealthy are done with the premise that it will help the poor, and make the rich less rich. This idea is ludicrous when thought through, or when looked at historical examples. Giving someone handouts while simultaneously preventing them from helping themselves is the cruelest and most common practice of the modern day liberal. In our country and in foreign policy.



Any tax increases on the wealthiest, might hurt some of the wealthy for the first few days, but it hurts the poor in the long run.

http://forum.belmont.edu/cornwall/archives/001960.html



This is your money, that is mostly being wasted, misspent, and given to politically connected thieves.

I hate it when people say "i am more than happy to pay for roads and drinking water". I am more than happy to pay for shit that I pay for willingly.
This image depicts what is really happening. Paying for something you want is not the same as being hijacked for something you might appreciate that is not as good as it would be if you paid for it willingly.