Daryl Hunt
Your Worst Nightmare
- Banned
- #461
You know what's laughable? The way you progressives keep trotting this same "tax the rich" notion out and expecting it to work! Here's what will happen...because it ALWAYS happens the same way! You'll pass your new taxes on the wealthy...they'll respond as they always do...by putting their capital into tax free safe holds to keep you from taxing them or moving their base of operations to an area that doesn't tax them as much. The economy WILL tank because of so much investment capital being pulled out of the Private Sector...jobs WILL be lost for those Americans most unable to afford losing them...and tax revenues will plummet as those jobs vanish! When revenues shrink you liberals will do what you ALWAYS do...you'll raise taxes on Middle Class Americans to make up the difference because they don't have the ability to hide their income from you!
Then after you've tanked the economy...screwed over the Middle Class...and created more people living below the poverty line...dependent on government handouts...you'll scratch your little heads and ask why things didn't turn out the way you thought they would.
You mean, kind of like it's happening right now.