Quote:
Originally Posted by woj
Your argument seems valid in theory, but on the other hand if Minte's taxes are raised by 2%, he will be out of 200k (assuming he makes 10M)...
it's not like he hides that $$ in a hole in his backyard...
so now it's likely he will no longer be able to afford a full time cook, a maid and a gardener.
so 3 people will lose a job... government will get an extra $200k, but so what? they will piss that $$ away by dropping an extra bomb or 2 somewhere in the middle east anyway...
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Not at all. So Minte is out of $200k. He'll still have a cook, a maid, and a gardener. He'll still be able to put gas in his Lambo, still afford to take vacation in Hawaii, ANd STILL afford to buy yet another exotic sports car. (And chances are he'll write off the cook, the maid, and the gardener as "business expenses", the new car as a company car, and the trip to vacation as a business trip so he won't really pay that extra 2% anyhow.)
We are either going to tax the middle class or the rich. Which one is able to take the hit? Because it seems to me like we keep raising the taxes on the middle class which can't afford it.