Quote:
Originally Posted by flstf
I agree that a less corrupt government and lower taxes for all would probably be good for the economy.
I think the poor and middle class pay a higher percentage of their income to support our government than the wealthy. I don't understand why it should be called "soaking the rich" when someone proposes to try and close the gap. Even if as you say it is misguided and the wealthy have many resources to avoid and/or pass on these taxes to others. There should be some way to make the tax system more fair to the lower income groups.
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The way to make the tax system fair, is to make sure it is fair. When people try to target on group or another or use tax policy for social engineering you wind up with a convoluted system that will have unintended consequences. I don't think work, savings, and investment should be taxed. Tax consumption. People living like billionaires will be taxed like billionaires, regardless of "tax planning".