Is Over-Taxing the Rich a good Idea?

 

 

As you will see in this video, over-taxing the rich is always a bad idea. I think it is basically the government stealing money from the hard working businessman. Most of those who are rich worked very hard to get there. They deserve what they earn. And when the government takes it away, it never has a good outcome. Businesses will move out of country to avoid taxes; they will loose all incentive to work; their businesses will end up making less money, thus they have less incentive to keep the business going. Entrepreneurship decreases, because new businessmen have less hope of making it work.

1 thought on “Is Over-Taxing the Rich a good Idea?

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.