Originally <a href='/showthread.php?p=16424456'>posted</a> on 10/18/2012:

Quote Originally Posted by The Madcap View Post
Again,

you clearly don't know enough rich people.

If you did, you wouldn't think they are all shameless greedy assholes. Some are, yes. But the only way to effectively deal with those assholes is to run them out of business, and you can't do that by increasing taxes, as that compels consolidation and monopolistic tendencies. Seriously, what has jacking up tax rates ever done to hurt the bad guys or help the little guys? Has it reduced poverty? Created a flowing stream of new companies? NOPE. It's just feel good show-me bullshit.

The greediest people take advantage of the system, the nice ones (like my friend for example) don't. This means the guys who want to play by the rules and abide by the spirit of fair competition only get fukked more by higher taxes and regulation. They don't want to take the extra time/money/effort to hire a hoard of lawyers/accountants to deviously hide their money. And it wouldn't matter as much and put them at such a disadvantage if tax rates/regulations didn't motivate the big boys to create million dollar accounting divisions within their companies to devise complicated ways to avoid adhering to the system.

If higher taxes were such a good idea for promoting competition and small business growth, then small business owners would support them. They don't. IN overwhelming numbers. If you look at the data you'll find that the majority of small business owners favor tax cuts across the board, and of those who don't, a bulk of their annual receipts come from gov't contracts. Long story short, small private businesses who survive by making quality products and not low-balling for gov't bids don't want higher taxes because higher taxes impede on their ability to grow and wrangle away the big boys' market share.
All i know is our economy will work a lot better, and has worked at it's peak when you adapt the Ying -Yang symbol's philosophy. Pure capitalism will never work, pure socialism will never work.....but a majority of one mixed with a little bit of the other always does the trick.