Post
Topic
Board Politics & Society
Re: Why the Left Fears Libertarianism
by
AyeYo
on 02/07/2011, 12:53:11 UTC
Quote
Not sustainable?  Based on what?  Prove it.  It's been sustaining just fine.
On the fact that sooner or later you run out of other people's money. Economically active people and businesses leave the country for jurisdictions with lower taxation (UK for example) being fed up with ever-growing number of welfare recipients. What kind of future does this country have?

That myth has been busted for awhile now

Enjoy...

http://www.nakedcapitalism.com/2011/02/quelle-surprise-tax-increases-on-rich-do-not-lead-to-exodus.html
It's almost as comparing apples to oranges. Taxation differences between US states is incomparable to that of semi-socialist European countries.
Quote
From the link above:
Quote
The general conclusion is that moderate tax increases on the rich, even if no neighboring jurisdictions follow suit, is unlikely to lead to much in the way of emigration.
Squirming again? Or should I say twisting facts? Smiley


Nope, sorry.  Your argument is that higher taxes drive the rich away, see...

Economically active people and businesses leave the country for jurisdictions with lower taxation (UK for example)



That's simply not true, mostly because wealthy people aren't stupid and they understand that you have to pay to play.  You want to live in a nice society?  You're going to pay higher taxes for it.  You want people to actually be health and alive enough (not to mention have enough disposable income) to buy your products?  You're going to have to subsidize them.  One hand washes the other.  The rich understand why they pay more in taxes.  It's the igornant poor (like yourself) that are the ones crying for lower taxes on the rich.

If the rich want to be taxed higher, then why don't they donate rather than get "taxed"? Can't they do so on their own without dragging others in with them?

Because the rich aren't stupid.  Everyone pays their share.  No one in their right mind is going to let people benefit from a system without contributing to it, which is why we force you to pay taxes even though you don't understand the benefits you reap from it.