02-15-2019, 09:59 PM
(02-15-2019, 08:39 PM)Deceus Wrote: People are too attached to the idea of taxes being a way to punish the rich.
It's not that at all. It's that people are too tied to the idea of using taxation to modify behavior. Governments use taxes to woo businesses or get people to stop doing something unhealthy or encourage people to buy something or to support one lifestyle over another (kids vs no kids for example).
Erase all of that and there's no carrot, and no stick.
Taxes don't really punish the rich in the US at all since the tax code is riddled with vehicles the rich can leverage to lower their tax burden. A lot of wealthy people pile on more wealth with investments and from the start that tax rate is 15%, which is less than half of what working stiffs pay. From there, there are a bunch of ways to get that burden even lower.
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Past: 2018 Honda Civic Type-R, 2015 Yamaha R1, 2009 BMW M3, 2013 Aprilia RSV4R, 2006 Honda Ridgeline, 2006 Porsche Cayman S, 2012 Ducati 1199, 2009 Subaru WRX, 2008 CBR1000RR, 2009 Kawasaki ZX-6R, 2000 Toyota Tundra, 2005 Honda CBR600RR, 1996 Acura Integra GS-R, 1996 Acura Integra GS-R, 1997 Honda Civic EX
http://www.aclr8.com