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by sharemywin 3731 days ago
Rich people as a class invest and save more as a percentage of income. what are you going to do with that dollar you saved on taxes anyway put it in the stock market, real estate, etc? it's just an illusion collectively all that does is raise prices on assets. So, as a whole the rich will still own the same stock, bond, real estate they just paid more for it. then someone comes along and raises taxes the all the sudden asset prices fall. but you still only own 1 share of xyz.

besides I'd be much more worried about the trade war they all want to start more than anything.

Next, would be all the federal workers they want to layoff to get those taxes cuts. lay off a couple million people and see what happens to the economy.