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the question of "getting the rich" when it comes to paying tax. When the income tax was first passed it promoted as a get the rich tax with less than 1% paying income tax. We have seen how that one has evolved.<br> <br> The failure of the regressive argument penalizing the poor is lost in the fact that the rich spend a lot more than the poor. As a result under a consumption tax they pay their "fair share" of taxes.<br> <br> Further for a robust economy one has to encourage investment. A politician cannot both talk about penalizing the corporation for excess profits and then talk about creating jobs.<br> <br> Government cannot create jobs. Each new job created by government is a tax and must be paid by tax revenues.<br> <br> Only the corporation can create jobs and grow an economy. Remember the Soviet Union collapse - <br> <br> all the jobs in the Soviet Union were created by government - no wonder they went bankrupt.
By Backlash