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![]() "Capt. JG" wrote in message ... No. They're citizens and should pay their fair share. I agree completely. Speak first with George Soros, who sequesters his billions in offshore numbered accounts in order to escape the punitive taxation the rich suffer. Here's the problem, Jon. If you tax the rich equitably, most pay their taxes without protest. When you tax them punitively, they shelter their earnings and end up paying very little. The rich didn't get that way by being stupid--they got that way by being greedy and resourceful. Do you honestly believe raising taxes on such people will produce more revenue? Historically it has had the opposite effect. In fact, raising taxes for all classes beyond a certain point will have exactly the opposite of the desired effect of increasing revenue. I hope I don't have to explain that to you. Max |
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