Art Community | The d'ART Café | How taxes really work... anyone read this? | incometax graph
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Subject: incometax graph

Posted By:  michaelaldana  in response to 11
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Posted On:  4/24/2007 5:58 PM Viewing 12 of 60 Replies



Just because the rich have the most... in often rediculous ammounts, surely isn't a good reason to tax more. Nobody sits on a pile of gold. People spend that gold on goods. Its much better for an economy to have that money flowing than to not be there at all. There has to be tipping point in taxation where you as a large company owner would weigh your gains in a highly taxed country to moving opperations to another country what would actually be willing to give incentives to relocate. I'm not saying the poor should shoulder higher taxes... i'm saying, things are probably about where they should be. Any higher taxation, just wonder what will happen. Our stock market is reaching new records left and right with decreased taxation.

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