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BigV · 07-26-2012, 10:10 AM

Listening to Marketplace this morning, the guest being interviewed is Mr Laffer, Reagan's economic adviser, inventor of supply side economics made this comment on higher tax rates for "rich people":

"Sure, I'd like to get more money from "rich people", but face it, they have options and they'll just find a way to not pay the tax."

This shit burns me up. At best, it's an admission that our laws are broken. If we have laws that requires payment of taxes, and if those laws can be evaded if one has enough money, the laws are worthless. At worst, it's a misrepresentation about his willingness to increase taxes--lip service.

07-26-2012, 10:10 AM	#4449
BigV Goon Squad Leader Join Date: Nov 2004 Location: Seattle Posts: 27,063	Listening to Marketplace this morning, the guest being interviewed is Mr Laffer, Reagan's economic adviser, inventor of supply side economics made this comment on higher tax rates for "rich people": "Sure, I'd like to get more money from "rich people", but face it, they have options and they'll just find a way to not pay the tax." This shit burns me up. At best, it's an admission that our laws are broken. If we have laws that requires payment of taxes, and if those laws can be evaded if one has enough money, the laws are worthless. At worst, it's a misrepresentation about his willingness to increase taxes--lip service. __________________ Be Just and Fear Not.