Neeum Zawan <m.n### [at] ieeeorg> wrote:
>         See. Here's what I meant. You said "if there's a good economical reason 
> to do so" (and I agree). Why assume that it's not the case when they tax 
> them more? Why jump to the conclusion that it's "jealousy" or "punishment"?

  I'm not an economist, but from the little understanding I have, burdening
rich people with exorbitant taxes is not good for the economy in the long
run. People tend to vote with their feet, so to speak.

  I have yet to hear any good argument why rich people should be punished
with high taxes, other than emotional things like it being "fair".

  Taxing rich people a lot is not very productive because they are so few.
If the same amount of money was taxed from medium wealth people, they would
get their tax % raised only very little because they are much more numerous.
Leveling out the tax percentage a bit raises low and medium wealth people's
taxes only a bit, but reduces the taxes of rich people by a considerable
amount (because they are a small minority). The *advantage* of this is that
the rich people are rewarded for succeeding, will keep running their
business in the country, will keep employing people and thus will keep the
economy of the country running.

  I really think that "rich people getting even richer" has been negatively
hyped way too much. Personally I don't care how rich they get, if that helps
everybody by keeping the country's economy running.

  The main reasons to detest very rich people are mainly emotional rather
than rational.

-- 
                                                          - Warp

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