Should the government raise taxes on the rich?
Yes, especially the capital gains tax, as that is where most of the rich get their money
Why are you such an enemy of the rich? Such class-war rhetoric is what Marxism seeks to amplify, to…
“The income and capital gains taxes are the most destructive taxes”
I understand your concerns about the potential negative impacts of income and capital gains taxes. One example to illustrate this is the Laffer Curve, which suggests that there is a point at which increasing taxes actually leads to a decrease in tax revenue, as it disincentivizes productivity. This concept highlights the importance of finding a balance in taxation policies to avoid hindering economic growth.
Do you think there is a specific tax rate that would achieve this balance without compromising individual liberties and incentives for hard work?
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