LeoliansBro wrote:There is a lot of research that the differential between rich and poor is associated with all kinds of Bad Things . Does the loss of tax revenue matter in the face of the nuanced effect of more equal wealth distribution? Is it actually better to have rich people around? They just raise the prices of commodities like land, and consumer goods. A trickle of taxation does help that. And unless they're actively investing their money, having a pile of wealth stockpiled drives up inflation due to reduced supply of money.
Edited by Chopsen at 13:07:34 03-12-2012
#9199014, By chopsen The UK General Politics Thread
chopsen 16,361 posts
Seen 2 hours ago
Registered 9 years ago