Posted by Matt G on March 18, 2004 at 17:24:24:
In Reply to: Re: Re: Re: Re: Re: Re: Re: Re: Re: Re: Re: Re: Re: Re: More Bad News posted by Bill Nazzaro on March 18, 2004 at 07:34:31:
Two words: Laffer Curve
Charging anyone a tax rate of 90% would lead to either defection or total dishonesty.
Once again, the rich are a neccessity, as are the poor, the homeless, and the middle class.
Just like tuba playing, you need the good, the bad, and the mediocre. They all serve a purpose to some extent and they cannot easily be interchanged.