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by TheLegace
4465 days ago
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But doesn't that also mean that the rich have more mobility to move to another country with much lower taxes or just hide them like they do now? Are there even any estimates on how much money is lost due to tax evasion? Let alone the costs of lobbying (which must be expensive) and the negative costs from the consequences of said lobbying(Iraq War). Not to mention the costs of lost productivity due to monopolies(Comcast). I guess the more important question is does it even make a difference no matter what you do. The rich will find some way to break down the system sooner or later. This seems exactly what happened in the last 30-40 years. The answer doesn't seem to be financial, it's social. And maybe it will take an entire generation to suffer(somewhat comparable to the Greatest Generation) to truly appreciate being poor and disenfranchised. |
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> Are there even any estimates on how much money is lost due to tax evasion?
http://en.wikipedia.org/wiki/Tax_evasion_in_the_United_State...
Googling also yields some results that ballpark in the same area.