« First « Previous Comments 45 - 47 of 47 Search these comments
Lame. You understand the point, but avoid it by discounting my choice of using SpaceX as an example instead of addressing the point that investment in businesses and other things often has very positive effects.
IMO such aversion tactics are often the sign of fear.
I'd love to hear your explanation why you think rich people should spend their money on luxury instead of investing in business, infrastructure, research .... all those great things we do that are funded with capital :)
No success is good, and should be rewarded by wealth. I don't subscribe to socialism.
Gov deficit:
- (1) is the source of money in circulation
- (2) can be closed by taxing back the same money, leaving plenty of wealth of successful people,
- (3) is often the source of long term sources of growth: Like infrastructures, like education, like the Internet... which was created and long financed by the government. like long term research often not done in private industry.
« First « Previous Comments 45 - 47 of 47 Search these comments
https://www.zerohedge.com/news/2019-01-15/majority-americans-support-raising-top-tax-rate-70