Reply #14: Why do you assume this will actually work? [View All]

[Hope springs eternal]

Let's play ball and say I do get 15.3% off my taxes. As a business, I, the owner, get to decide where that money goes. Being human, what is to stop me from gobbling up that 15.3% for myself?


People assume employers are going to give you that money back. Same deal with eliminating taxes on wages. As a rich person, as long as I can continue to put money into the bank with no consequence (ie: taxes out the ass), then why in my right mind wouldn't I do so?


That's why my plan makes sense. I tax incomes progressivley, to the point where there becomes no point in putting it in my bank account. It's like as if Reagnomics (no taxes on wages/capital) and Socialism (massive taxes on wealthy, sweeping goverment programs, equality) got married and had kids...