The reason why I do not bother to make my argument to careful is because I know that people will disagree anyway. It’s not truth or falsehood that makes people believe. It’s their hatred and prejudice against the successful.
I think the true reason behind income tax is not really there for redistribution of wealth but out of envy.
People just are not comfortable with the idea that some people are indeed better than them and earn more income. So they come up with excuses after excuses on how that should be mitigated.
Before they can say, “I don’t have capital”. Now they run out of excuses. So they come up with harder leveling.
The reason why the super rich don’t pay tax on most of their theoretical income (increased valuation), is because they can’t be taxed.
You can’t tax the flexible. Tax is like bullet. Workers are like prisoners tight to a stake. Businessmen are like soldiers hidden in the forest. Tax the rich and they left, evade, shoot back.
Prejudice Makes Truth Irrelevant is a post from: Free Market Forever
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