Tuesday, November 20, 2012

New Study: Taxing the Rich Won't Save Economy

Forget the fact that the rich, on average, pay almost 20 percent more in taxes than the average citizen, some of upward in the neighbourhood of 60-70 percent of their total income.  The left would have you believe that Socializing the American tax system with their "Robin Hood" plan would magically fix the economy (along with crushing the middle class by raising taxes during a recession)

But according to a new study, taxing the rich into oblivion would simply not work.

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