kinnison wrote:Darth, about the quote again: None of those statements were conclusions but a statement of his beliefs.
Whether they be the conclusions of a philosophical process or something more akin to a religious belief is totally irrelevant to the point I made.
Take an example. "You cannot help the poor by destroying the rich." That is a statement of position, and would require arguments to back it up.
Arguments which YOU have not provided. What part of this do you not understand?
One such argument might be that, as the poor vastly outnumber the rich (and I don't mean comfortably well-off, I mean RICH) there is simply not enough money available from soaking the rich to make any significant difference to the poor. And in any case, it won't go to them anyway - it will disappear into the coffers of government.
If you're going to make claims like this, you should at least
pretend to back them up.
You have still not answered the question. Is the idea of enormously high tax rates at the high end of the income scale to pull in more money, or to punish the rich for being rich?
It doesn't matter. The point is the outcome. Your bizarre attempt to turn this into some kind of analysis of hidden psychological motivations is childish in the extreme: you're looking for "good guys" and "bad guys" and trying to turn a matter of public and economic policy into a matter of personalities and motives.
There is actually an example of the effect of extremely high tax rates. In the 70s in the UK, there was an 83% top tax rate and a 15% surchage for "unearned income" i.e. income from investments. Much of the income of someone at that end of the scale is indeed investment income, so many of the top earners were paying 90% or more tax. Did that pull in lots of money? No. They moved abroad. (Note that UK citizens abroad don't pay UK tax.) End result? A confiscatory tax rate reduced the tax take from those people. And when the tax system regained its sanity, many of them moved back to Britain - proving that moving abroad was entirely due to having virtually all their income taken off them if they didn't.
You will, of course, provide sources for all of this? Including enough information to determine how
other socio-economic variables were accounted for in this incredibly simplistic analysis?
Canada once had a greater debt:GDP ratio than you have now. We tamed the debt demon, and we did it by raising taxes and cutting spending: the only reasonable way to do this. You want to convince yourself that lower taxes are
always good, and you haven't done anything to justify this policy other than repeating yourself endlessly. Even if we accept your claim that tax rates in excess of 80% cause more harm than good, what relevance does that have to any feasible policy decision in the US, where they would have to ratchet up tax rates a looooong way to get that high? And what is the point of making up redundant terms like "confiscatory tax rates" when all taxes are confiscatory by definition? A 0.1% tax rate is still "confiscatory".
The real point is that the more tax is imposed, the more effort (and accountancy fees) those affected by it will expend to avoid it. After all, accountants cost money if nothing else, so if the tax isn't hurting you, the money will not be spent.
Ah, so based on this simplistic analysis for which you provide no sources and make no attempt to explain how all other socio-economic variables were determined to be extraneous or corrected for, you conclude that your original broad-ranging generalization must be true. How convenient.
You want to support urban drug addicts, or invest in wind farms, or look after abandoned pets? Fine. Use your money to do it, not mine.
I'm sure that kind of derisive rhetoric plays really well at the libertarian moron conventions you apparently get all of your talking points from. It helps remind you who the good guys and bad guys are, right?
No doubt you will accuse me of doing the same thing in reverse, and demonizing the rich. But that's not the point I'm making: I'm saying that they can afford to pay much higher tax rates, and they have benefited more greatly from our society's bounty, so it is reasonable for them to pay more. It's not about rewarding or punishing anyone; it is about distributing the load in a manner which is most functional: something which fits very well with an engineering mindset, but apparently not with yours.