Re:The IRS Tried to Take on the Ultrawealthy – It Didn’t Go ...
by appleiigs on Friday April 05, 2019 @11:50AM
(#19583717)
Taxes or loop holes don't take money out of the economy. It just changes who directs the money, either the government or the individual. (Don't need to get into which is better here)
Re:The IRS Tried to Take on the Ultrawealthy – It Didn’t Go ...
by pushpop on Friday April 05, 2019 @01:04PM
(#19584616)
When you look at the bigger picture financials it does take money out of the economy because money invested in public services drives more jobs. Money hoarded by an individual only creates wealth for that individual. Sure they might reinvest that wealth but often not in a way that directly nor indirectly grows the economy - or at least not in worthwhile way for those who it matters the most to.
This is part of the reason (albeit just a small part) why the rich and poor divide grows wider year on year. If it were as simple as you described, that wouldn’t happen.
Re:The IRS Tried to Take on the Ultrawealthy – It Didn’t Go ...
by appleiigs on Friday April 05, 2019 @06:29PM
(#19587631)
No, you have a lot of pop culture myths in your comment that are just not correct.
Re:The IRS Tried to Take on the Ultrawealthy – It Didn’t Go ...
by pushpop on Saturday April 06, 2019 @03:46AM
(#19589758)
If that were the case you’d have easily disproved them instead of making meta comments
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Re:The IRS Tried to Take on the Ultrawealthy – It Didn’t Go ...
by pushpop on Monday April 08, 2019 @08:39AM
(#19604620)
If the only type of comment you can muster is ad hominem attacks and posts telling me how you can’t be bothered to post then I can only assume that the real reason you’ve not offered anything more persuasive is because your don’t understand the topic enough to actually discuss like a mature adult.
One serves to better the country by adapting to a changing economy, while the other serves a self interest and takes money out of the economy.
However if you’re talking about tax reforms lead by corrupt politicians and lobbyists - then that’s a different matter. But I’d argue that was another tangent entirely.