Reality impedes left wing fantasy of high tax rates increasing revenue

[Imran Siddiqui]

I forgot Imran moved to the left

Many thanks to Our Lord and Savior for that .

[Dauphin]

Did they increase the tax rate for investment income?

Yes, there was also a commensurate increase in dividend and capital gains taxes.

[Dauphin]

In other news, I read in the FT that millionaire* visas issued in 2012 is up over seventy per cent on last year. Mostly Russians, so taxes weren't the draw per se.

* Visas granted to individuals for indefinite stay if they have invested over one million pounds in the UK, or something like that...

[Sava]

You are ****ing retarded.

.

[Sava]

we are far past the point of diminishing returns as far as the whole laffer curve theory BS is concerned

the economy would kick right along no problem with 90% tax rates at say over a million dollars

[dannubis]

we are far past the point of diminishing returns as far as the whole laffer curve theory BS is concerned

the economy would kick right along no problem with 90% tax rates at say over a million dollars

You, Sir, are a menace to society.

[DaShi]

Nope.

HC, you still haven't demonstrated the credentials to act like you know what you are talking about. Try contributing to an argument without parroting Drake, KH, or Zevico. It's annoying that when someone asks you something that goes beyond what they've posted, you disappear.