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Old 06-08-2011, 10:40 AM   #25 (permalink)
aceventura3
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Location: Ventura County
Quote:
Originally Posted by filtherton View Post
Ace, if I were wealthy I'd be offended by the implication of your perspective, which apparently is that all wealthy people are greed-driven sociopaths.
Some here won't understand what I write below, perhaps think I am going off on a tangent, etc - to you, in advance, stop reading. I know what your responses would be.

To the rest -

There are reasons why some want to pay more taxes and others do not, outside of greed or pure selfishness. Put simply, one reason is that some actually know that they can more efficiently allocate capital for the greater good than government. Some things government is exceptionally good at, and others they are not, people I know have no problem with taxes going to those things government is exceptionally good at.

to give an example of what I mean - If I have $10,000, that could either go to the government in the form of taxes or used by me in my business - I believe I can do greater good for society than the federal government under our current circumstances. I would invest the money in business growth. Leveraged through my business, I would create jobs, create taxable income, and increase current consumption through my business.

I believe the government would simply waste the money and have absolutely nothing to show for it.

Given, that - why on earth would I want to voluntarily pay more in taxes? I would not. However, assuming I have the ability as described above (and I believe most "rich" people really feel the same way), why would I start a PR campaign to increase my taxes? In order to achieve alternative goals! People who can not accept the reality of that, have my sympathy.

The dangling question is can I actually do what I say I could do with the $10,000? I have done it in the past and I can do it in the future. Every dollar I save in taxes and invest in business growth will improve my community to a greater degree than if I sent that dollar to Washington.

This is not rocket science (complicated), or voodoo economics (without a basis in what is real) - "rich" people in particular know this. People who have created wealth Vs. those who had wealth handed to them know this. those who don't know it now, but one day actually start creating wealth will come to know this.
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