Protecting purchasing power at the expense of society is like denying people a college education to increase the value of you're own. It's selfish and bad for society.
Last edited by Fungus Gnat; 05-25-2012 at 12:13 PM.
I agree, it is about control, what does wealth bring... more control. Who controls the wealth? To certain extent, the wealthy but in the big picture of things, government controls the wealth. They establish the laws and regulations that allow for the rich and powerful to gain more wealth and power. Raising taxes on the rich is only going to chase them out of the taxpayer pool.
Taxation inhibits growth of whatever is taxed. Between wage taxes and minimum wage laws, it's amazing that there is any middle class at all.
How can taxes be theft in a Democracy?
There are always risks in challenging excessive police power, but the risks of not challenging it are more dangerous, even fatal -Dr. Hunter Thompson