Rich people provide huge economic stimulant to the economy in many different ways.

RankingMember an hour ago | parent | next [-]

Even if evidence did agree with this uncited, broad assertion (I've seen nothing to that effect), it'd still be an indefensible justification for inequity in punishment.

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dmix an hour ago | parent [-]

> I've seen nothing to that effect

Even if billionaires don't pay income tax and are only taxed occasionally when they sell assets, there isn't much doubt that the corporations they create and invest in generate massive amounts of tax revenue in the countries they operate. Not to mention all the revenue generated from property tax, income tax from their employees getting paid by the company, local fines and fees, sales tax, import duties, etc.

You can want the super wealthy to pay more tax when they sell stuff to fund their lifestyles, but that doesn't mean their work isn't generating large amounts of economic activity which turns into tax revenue for governments.

	▲	worik 29 minutes ago \| parent [-]
		How is it that concentrating wealth in private pools is better than spreading it around? > the corporations they create and invest in generate massive amounts of tax revenue Economic activity does generate tax revenue, billionaires generate economic activity. But if we took the billions (leave them millions, gready as they are) and spread it around it would have the opportunity to generate much more economic activity The concentration of wealth, and the resulting concentration of income and widespread middle class impoverishment is catastrophic for our economy. It is why, in real terms, incomes have been static for thirty years whilst the size of the economy has roughly doubled

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wat10000 an hour ago | parent | prev | next [-]

So do poor people. Apply the law equally.

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keybored 2 hours ago | parent | prev [-]

The sources for that are plenty of billionaire-funded think tanks. Don’t worry there are sources.