Electile Dysfunction (Current students plz look!)

[CaptainHenreh]

I wouldn't say it's not that at all but will agree it's not that entirely. I was mainly speaking of the aspect of people getting a raging hard-on for luxury taxes thinking they're going to finally stick it to rich bastards everywhere. Rand Paul made a statement a while back that hit the nail on the head: "you can't punish the rich". The outrage I saw from that statement was eye-opening. Taxes don't punish the rich not mainly because of loopholes but because they have options. Slap a tax on yachts and they'll buy them somewhere else, jack up property taxes and they'll move, hit their industry with tariffs and they'll raise prices to match. It's the shipbuilders, neighborhoods and customers that suffer not the rich but time and again I've seen people think the solution to taxes is simply taking it from the rich.