tag:blogger.com,1999:blog-5806884.post599546353876757395..comments2023-10-31T03:18:26.963-07:00Comments on Great Guys Weblog: Incentives and TimeBrethttp://www.blogger.com/profile/15063508651955739056noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-5806884.post-41314975218061302872007-11-07T12:38:00.000-08:002007-11-07T12:38:00.000-08:00Class warfare isn't very effective here in the U.S...Class warfare isn't very effective here in the U.S. because we all want to be rich and most of us can be if we put our minds to it.erphttps://www.blogger.com/profile/09826044412670324694noreply@blogger.comtag:blogger.com,1999:blog-5806884.post-80258871964640797062007-11-07T11:01:00.000-08:002007-11-07T11:01:00.000-08:00Essentially, the indirect tax on Path A people und...<I>Essentially, the indirect tax on Path A people <B>under the Progressive Tax Structure</B> exceeds the direct tax under the Flat Tax Structure so everybody pays more taxes, <B>the economy is smaller, and everybody is worse off.</B><BR/><BR/>There's little doubt in my mind that <B>progressive tax structures provide disincentives</B> to people trying to become progressively wealthier by investing in things like education and training and that limits overall wealth creation. Furthermore, the working poor still bear a similar share of the burden of government expenditures via increased costs of higher salaried people.<BR/><BR/>The government can't help the working poor via taxing the rich - the government can only hurt them <B>in the long run.</B> </I><BR/><BR/><B>EXCELLENT!</B><BR/><BR/>In addition to the economic factor, I think that the effect on attitudes and beliefs of a flat tax would accrue in a subtle yet very positive way.Howardhttps://www.blogger.com/profile/14980738175201874292noreply@blogger.com