Current Events > People are naive for thinking that taxing the rich incentivizes them to pull out

(+) Yeah! (+)

I've been seeing a common way of defending not taxing the rich. The summary of the thesis is that raising taxes on the rich will cause them to divest their money somewhere else, pass costs down to consumers, and cut jobs.

I guess my question is, what makes them think the rich aren't already actively doing this in the first place?

If your job could be cut, it would.

If "the rich" were able to divert their money into other places that's more favorable, they would.

If they could charge you more for something, they would.

The argument shows an odd amount of naivete and sympathy for those that have climbed to the top. While I'm not denying the merits of hard work, it seems odd to believe that the only thing keeping their "benevolence" around is a lack of taxation.

It also shows how a collective few can easily hold our economy and our lives hostage.

This is not the democracy that the founding fathers had in mind!

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THE RICH NEVER PULL OUT

rick

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They could very well be doing this and that's just business.

Increasing taxes though is just a way to make it come faster, please take the time to think first.

The GOP has done a great job of brainwashing the masses who will never be rich to carry water for them

Eat the rich

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Tax the rich.

When they try and move out, tax them on importing their goods and exporting their profit until it's more expensive to do business outside the US than inside.

They're not gonna stop doing business with the largest economy in the world, China's got too many regulations to be profitable as a primary economy.

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Like 95% of them are old money. Didn't earn a penny of it. They can go fuck themselves to death.

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They aren't naive, they're lying

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Cali wins every time

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Beemo_Season11 posted...

Increasing taxes though is just a way to make it come faster

The problem is, this isn't true either.

The incentive of more profit already drives this. Thinking that increasing taxes somehow motivates this outcome more than it already was is, again, naive.

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