General Discussion
In reply to the discussion: Can we stop with the Paul Krugman posts already? [View all]dkf
(37,305 posts)What he isn't interested in is the person who is okay and striving to be really successful. He thinks some people have "enough".
I'm sorry it's the drive from being okay to being mega rich that employs people. If you can't get those off their duffs and scare them off with 60% tax rates with national and local taxes, you won't get far. The effort has to be worth it. And it's not the tax rate in itself that is scary...it's the thought that all your extra effort will be taxed away to pay for everyone else who "can't afford to pay taxes" which is almost half the country. If you take Obama seriously you have to wonder what is the point.
Bill Clinton got it. I really think we would be out of this funk if he were President.
Equality does not inspire people to work harder than they've ever worked before. It doesn't grow the innovation economy.