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Why taxing mainly the rich is a losing gameGreat quote and too true
Here's
the problem for states that want to pry more money out of the wallets of rich
people. It never works because people, investment capital and businesses are
mobile: They can leave tax-unfriendly states and move to tax-friendly
states.
— Arthur Laffer and Stephen Moore, Soak the Rich, Lose the Rich The rest of the piece is pretty good too. The laws "against the rich" seldom affect the rich. That's because the wealthy can hire expert advice or influence legislation to exempt their wealth. Without fail, laws "against the rich" hit those people trying to become rich. 
Posted: Mon - May 18, 2009 at 12:44 PM
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 Pagan Vigil
Pagan philosopher, libertarian, and part-time trouble maker, NeoWayland watches for threats to individual freedom or personal responsiblity. There's more to life than just black and white, using only extremes just increases the problems.  My Thinking Blogger Nominees
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