EdwardBaiamonte
Platinum Member
- Nov 23, 2011
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1) it gives us less reason to accumulate wealth
2) it gives us good reason to waste or spend our after tax income
3) it gives us good reason not to start businesses since that is where most private wealth is held
4) it gives us more reason for government jobs since private jobs would disappear along with the businesses
5) it would shrink the government since those with wealth pay most of the taxes
6) it teaches kids not to save and plan for the future since
what they might earn should be spent now
2) it gives us good reason to waste or spend our after tax income
3) it gives us good reason not to start businesses since that is where most private wealth is held
4) it gives us more reason for government jobs since private jobs would disappear along with the businesses
5) it would shrink the government since those with wealth pay most of the taxes
6) it teaches kids not to save and plan for the future since
what they might earn should be spent now