Re:Debunking the claim that higher income-tax rates reduce GDP
by fauigerzigerk on Wednesday February 24, 2010 @10:14AM
(#1148132)
I would agree with you (more than I do anyway) if everyone started out from the same base. But isn't it also unfair that true entrepreneurs who take a lot of risk are taxed equally to people who have inherited wealth or just went from one elite school to the next ending up at a consulting firm talking hot air for the rest of their lives?
I do think that there is a causal relationship between effort and wealth, but that relationship is very patchy.
I do think that there is a causal relationship between effort and wealth, but that relationship is very patchy.