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"One should either write ruthlessly what one believes to be the truth, or else shut up."

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« Money is Fungible | Main | Be Happy: Reduce Your Expectations »
Tuesday
Jan152013

Tax the Rich

DateTuesday, January 15, 2013 at 3:00AM

I thought this video shows some aspects of the fallacy of taxing the rich. Of course everyone is in favor of the rich paying taxes, the real question is how much and what the marginal tax rate is. As I will point out tomorrow, money is fungible. If money is taken away from anyone, this money can not be spent privately. To a degree, taxes are a "zero sum game."

 

Author[Positive Dennis] | CommentPost a Comment |
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