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The Richest 1 Percent of Americans Pay 24 Percent of Federal Taxes
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Quote:Go ahead and throw some names out. No, I am not going to name all my rich friends. (I have a lot of poor friends, too.) The main incentive for making an investment is the chance for it to return a profit. I don't see how you can call raising taxes, and thus decreasing the return on an investment, "encouraging investment." And by the way, patent and copyright protection are for protecting private property, protecting one's right to exclusive ownership of what he has invented. That's how those things encourage invention. You seem to want to collectivize those inventions, by syphoning off some of the return from them. |
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The Jungle is self-supported by showing advertisements via Google Adsense.
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