Taxing the Rich Will Not Solve the Problem

[Itsback]

I have recently read a number of articles stating the solution to the economic crisis is merely to tax the rich. However, I doubt it is that simple and it may in fact create more problems than it solves. I provide my justification below, by explaining the use of the money held by the “rich” and how this benefits the rest of the economy.

So what about: The money they have in the bank?

https://www.huffingtonpost.com

[DamianTV]

#1 - Huffpo is crap
#2 - Taxing the rich never helps, only Honest Money frees mankind.

[Itsback]

#1 - Huffpo is crap
#2 - Taxing the rich never helps, only Honest Money frees mankind.

That is Peter Morgan macroeconomists article on Huffingtonpost. Peter Morgan writes a lot for Huffingtonpost

[DamianTV]

That is Peter Morgan macroeconomists article on Huffingtonpost. Peter Morgan writes a lot for Huffingtonpost

Dont give a $#@!. If its on Huffpo, then nope, his information is going to do nothing but support the status quo. Now, look at what he is saying. Taxing the rich doesnt work, thus, implied by omission is to tax the poor even more.

[TheTexan]

Taxing the rich would work better if they just gave the money directly to me

[euphemia]

To Congress and HuffPo: It’s the spending, stupid.

[Itsback]

Read other articles from Peter Morgan macroeconomist on Huffingtonpost