Wednesday, November 2, 2011

Would you support an excessive profits tax knowing .......

ehhh, no. i wont support excessive profits tax. The free market drives down prices plain and simple. furthermore, when rich people get richer a wondrous thing happens. THey spend it and invest it in a fashion that is very market efficient. So money has a greater chance of getting re-circulated into your pocket if you are an enterprising young chap. When the government taxes the money and redistributes it, money is recirculated in a very market inefficient fashion making it harder and taking longer to end up in your pocket if you are an enterprising young chap.

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