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To: central_va
If income taxes are better than tariffs why not make the top marginal rate 90%?

Income taxes and tariffs have the same economic impact. They transfer wealth from the private sector to government.

172 posted on 12/23/2016 9:03:28 PM PST by Oldeconomybuyer (The problem with socialism is that you eventually run out of other people's money.)
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To: Oldeconomybuyer

Income taxes and consumption taxes like a tariff are totally different. Clearly your understanding of economics is limited.


175 posted on 12/24/2016 5:51:45 AM PST by central_va (I won't be reconstructed and I do not give a damn.)
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