Re: RE: Rich and Poor Gap widdening : NDP
BitWhys said:
Toro said:
Lots of us Canadians in the US who do the taxes and wonder if its worth the effort to move back.
Toro said:
Your concentration of wealth argument is irrelevent because there is no evidence that the current tax structure in Canada, the US or even Europe is excessive.
that last part's a keeper. heh.
pick a horse
Two different things.
Taxes effect behavior. To suggest otherwise is, of course, ridiculous. What is less clear how much taxes and in what circumstances.
To me, and many other Canadians who are in America, whether or not we move back to Canada is a
marginal argument, using the true economic definition of "marginal". Some who moved to America - like my blue collar neighbors across the street from Ontario - figured they couldn't get ahead in Canada. Others, like myself, were more than happy to stay but couldn't find the opportunities in our chosen professions. So we left. But now that we're down here, when we do the math, we're not sure if its worth coming back.
That is a separate issue as you are making an
absolute argument.
BitWhys said:
"Tax them too much, attack them for being wealthy, and they just may stop showing up."
that has never happened and probably never will
great exercise in make-believe, though.
In the context of tax structure in today's West, there is no evidence that wealthy are not getting wealthier. In fact, its just the opposite.
But that doesn't mean that, at some point, if taxes were raised to some level, savings would not flow out of a country. Capital flight caused by, amongst other reasons, high taxes has occurred in the past in industrialized nations such as the UK and New Zealand, but has been more prevelent in emerging countries such as Latin America, Asia, etc., especially where there has been Marxist and communist upheavals.