Should the government raise taxes on the rich?
Absolutely. Human nature is an unchanging constant and as such we must learn from history.
And so are all social welfare programs. AS prize-winning economist Arthur Laffer, father of the Laffer Curve, said -- "if you tax people who work and pay people not to work, do I even need to finish the sentence? YOu're going to get a lot of people not working!" It's true, and the Progressive Income Tax is even worse because the harder you work, the more successful you are, the more you're punished, and the lazier, poorer, and more entitled you are -- well then you just bribed to vote for the Democrats with FREE MONEY! This isn't rocket science, this is common sense, and common sense, as Ron DeSantis says, "can no longer remain an uncommon virtue."
@cartoonist_carlLibertarian12mos12MO
An interesting example that supports the idea that progressive income tax can be counterproductive is the phenomenon of brain drain. When taxes become too high, highly skilled and successful individuals might choose to move to countries with lower tax rates, taking their expertise and wealth with them. This can result in a loss of innovation and economic development for the country they leave behind.
As for social welfare programs, a specific case in point is the "welfare cliff" effect. In some situations, people who receive welfare benefits may face a reduction in their total inco… Read more