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Reply #4: The distinction between wealth & income parallels that [View All]

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Jackpine Radical Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-09-10 09:09 AM
Response to Reply #1
4. The distinction between wealth & income parallels that
between debt and deficit.

A higher income tax doesn't directly affect one's total wealth, but it does somewhat impact the rate at which new wealth is accumulated. A major problem of course arises from the fact that much of the income of the wealthy comes from sources that are taxed at lower rates than earned income.
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  -Income distribution: (in)equitable? melm00se  Nov-09-10 08:56 AM   #0 
  - Once again  Gaedel   Nov-09-10 09:00 AM   #1 
  - Damn you are one of the few who gets it.  dkf   Nov-09-10 09:03 AM   #2 
  - The distinction between wealth & income parallels that  Jackpine Radical   Nov-09-10 09:09 AM   #4 
  - wealth is also, albeit imperfectly, subject to property taxes  unblock   Nov-09-10 10:29 AM   #7 
     - Some states  Gaedel   Nov-09-10 11:31 AM   #8 
        - interesting, i did not know that!  unblock   Nov-09-10 11:43 AM   #9 
           - Intangibles tax  Gaedel   Nov-09-10 12:56 PM   #12 
  - Maybe income inequality has more to do with the value of what is produced by an individual.  dkf   Nov-09-10 09:08 AM   #3 
  - This then gets into the argument  Gaedel   Nov-09-10 09:26 AM   #5 
  - Competition is killing pricing power.  dkf   Nov-09-10 02:43 PM   #13 
  - Who is John Galt?  Romulox   Nov-09-10 09:35 AM   #6 
  - no, it doesn't.  Hannah Bell   Nov-09-10 12:25 PM   #11 
  - recommend  TexasObserver   Nov-09-10 12:05 PM   #10 

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