If you’ll permit Me to take this joke seriously for a moment…
Good business men give money to charity, and bad business men don’t. This makes bad businessmen richer, and therefore more powerful. If we tax ALL the business men enough money to solve all the world’s problems, then we won’t need charity anymore. Then the good business men will be rich enough to stop the bad business men.
Anyway that’s called social democracy and it’s… Well, it’s better than unregulated capitalism.
We can set all the taxes we want, but if we don’t enforce them by closing off the loopholes, then all we get are the bad ones at the top.
Even in the high tax heyday of the 60s and 70s, you have to bear in mind that money wasn’t tracked at all and an individual could easily claim zero income and pay zero taxes whilst pocketing most of the cash under the table. Most transactions back then were cash only under-the-table type operations, with the exception of course being big businesses. I.e. Regulated at the top, and unregulated at the bottom was the prevailing tax model for much of the post-war economy
It’s no less realistic than all the movies where the evil businessman’s antics are stopped with the arrival of his nice higher-up businessman.
the only way to stop a bad business man with power is a good business man with power so don’t raise taxes
If you’ll permit Me to take this joke seriously for a moment…
Good business men give money to charity, and bad business men don’t. This makes bad businessmen richer, and therefore more powerful. If we tax ALL the business men enough money to solve all the world’s problems, then we won’t need charity anymore. Then the good business men will be rich enough to stop the bad business men.
Anyway that’s called social democracy and it’s… Well, it’s better than unregulated capitalism.
I’m going to allow the party pooping on my dank lampoon of 2A and Big Business propaganda
We can set all the taxes we want, but if we don’t enforce them by closing off the loopholes, then all we get are the bad ones at the top.
Even in the high tax heyday of the 60s and 70s, you have to bear in mind that money wasn’t tracked at all and an individual could easily claim zero income and pay zero taxes whilst pocketing most of the cash under the table. Most transactions back then were cash only under-the-table type operations, with the exception of course being big businesses. I.e. Regulated at the top, and unregulated at the bottom was the prevailing tax model for much of the post-war economy