02-13-2016, 12:40 AM
(02-12-2016, 07:09 PM)BenSkywalker Wrote: It makes them worse. I'll break this down for you. The rich are a lot fucking smarter with money then you are. It isn't close, not remotely. If you increase the taxation on their income they will start to divert significant portions of it to deferred stock options. Over the long term, this will make it so the rich *ARE* the ones who own all the corporations at which point the middle class will get squeezed out of the most desirable investment opportunities *along with* the acceleration of the offshoring of jobs as the wealthy will start calling for the immediate implementation of maximized profits instead of the slow trickle effect we have with the middle class calling the shots. Subsequently, the profit margins of the companies will go up even faster, increasing their wealth even more, all the while you are getting less actual tax dollars out of them because they don't have crap for actual 'income'. [/color][/color]
Gstan formulating his response:
Starts at 2:05!