- Joined
- Mar 11, 2009
- Messages
- 41,104
- Reaction score
- 12,202
- Location
- South Carolina
- Gender
- Male
- Political Leaning
- Conservative
Re: Romney's tax rate is only half as high as the middle class pays
No, that's true...But we should want to encourage investment should we not?
j-mac
Of course. The double taxation argument is silly. It's not like there's a block of money out that there that has a boolean taxed/not-taxed switch. If you earn money in your job, that money is taxed. If you take your after tax income and use it to start another business, it doesn't mean that your business doesn't then have to pay taxes just because you paid taxes on the start up capital.
No, that's true...But we should want to encourage investment should we not?
j-mac