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by abas
6273 days ago
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I'd like to hear your arguments for it being substantially more valuable for the rich man to have the dollar than the poor. At least in this economy it seems like I am constantly hearing about how it is better to put money in the hands of the less well off because they will spend it and it will help drive the economy. |
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In the short-run, consuming helps that same dollar get spent over and over. In the long-run, creating wealth and jobs is more valuable, IMO.
When raising taxes drives capital to locales which are more capital-friendly (chiefly via lower taxes), then it inevitably takes job creation with it.