If you raise taxes on the wealthy, you hurt some of those people, though they can afford to lose their thirteenth yacht. But presumably the money could be used to help more people. (Though I know there are debates about this.) Still, in this context, is it best to use utiilitarianism to decide what to do?
What principles do we use to determine tax policy?
2 comments:
The people who built that 13th yacht: the engines, the instruments, the machinery, the craftsmanship of its beauty, art and design did something valuable and I hope were paid well for their labor and skill. I’ve seen some of the art work on a yacht and God bless them for it. I have no desire to own a yacht. I have been blessed with lack of temptation for covet, though I am tempted to many sins.
Every line in the local, state, and federal budget needs to be examined by the citizens. If we decided we want all this sh** on the spreadsheet and want to enrich those who profit from those lines, then pay for it. Raise taxes, stick it to people paying the bills, whatever it takes, just balance the revenues with spending. If you trust the people sending out all that cash, then I hope you would trust me to sell you my seventh yacht that I don’t need.
All you have to do is max out your credit cards and refinance your house and you too can own a yacht and have enough left over to pay for your government. You can reach me at yachtbrokertaxman.com
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