Louis
Posts: 6436
Joined: Jan. 2006
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| Quote (midwifetoad @ Sep. 26 2008,16:07) | | Taxing the rich is the Democrats' equivalent of the NRA and Right to Life. |
Now even I wouldn't go that far! I'd even go as far as to call "bullshit!".
An affordable, incremental tax system hardly equates to the irrationality underpinning the two organisations you mentioned. That sort of rhetoric is a hair's breadth from claiming climate change to be a leftist conspiracy to increase taxes and government control. Look beyond your borders where taxes can be high(er) without the sort of juvenile envy of the rich you imply motivates them.
This doesn't for a second mean that a) I don't realise the "tax those rich bastards" rhetoric occasionally prevalent amongst certain "left" leaning groups exists (it does, and it's stupid), nor b) in a capitalist society there is some inevitable trade off between taxation and entrepreneurial encouragement.
Hasn't the last 100 or so years convinced anyone yet that the freer elements of free market, laissez-faire capitalism simply doesn't work? Greater control, however unpleasant such a prospect might be, is a necessary component of the market. That applies to tax as much as it does to curbing the excesses of corporations.
And I speak as someone paying the highest rate of tax in the UK (and paying it willingly) and for whom greater than 50% of their salary is taxed at this rate. (Which logically doesn't count for much, but I thought I'd pre-empt the inevitable)
Louis
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Bye.
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