Subject: Response-response-response.
Author:
Posted on: 2022-08-25 21:53:39 UTC

So...wealthy people, when there are higher taxes on them, avoid the taxes.

If it were just simply they would leave a state completely to escape high taxes, they would move to South Dakota or Delaware, right? But they're deciding to drain the resources of a state without paying for it, and they threaten to leave to make people back down on them, but in reality they are not going to leave. You see a lot of rich people with offshore accounts in the Cayman Islands, Switzerland, etc. But do they actually move to those places and become productive citizens? No. They want to have their cake and eat it too. They want to manipulate everyone into getting their way by threatening to take their precious money elsewhere.

They should not be able to do that.

Taxes could just be lowered again. Regardless, I don’t think it’s responsible to spend money before you have the money, on a national or personal scale.

I don't think it's responsible, either (I detest credit cards for this very reason). But the citizenry need things; if things are allowed to break down because the government isn't spending the money to fix it, the citizenry will not be happy. We cannot expect private companies to step in on things like infrastructure and education (more than they already do, anyway) because then they get it in their heads to charge exorbitant prices for basic life needs like "going to school" and "going somewhere", and the cost of living in the US goes up again.

those countries’ main difference in tax policy is their higher taxation of the middle class, not über-high taxes on the über-wealthy.

That's because the quality of life for the middle class in Nordic countries is higher due to a stronger social net. Universal healthcare and education, mandated paid time off, family leave for parents, etc. We don't have that, and what we do have is rapidly eroding because some people in the government are allergic to socialism. Therefore we should start by taxing the über-wealthy at those higher rates and using the money there to improve things like Medicare and education -- pay teachers more, create Medicare for All, etc. Introduce federally mandated paid time off and parental leave, universal pre-K, and all of the other social net aspects that will help the middle class. When there is less of a disparity between the richest and the poorest Americans, then the middle class can be taxed at a higher rate.

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