- Nov 20, 1999
- 22,994
- 779
- 126
http://www.businessinsider.com...se-raise-my-taxes-nflx
This is in response to Cad's business owner letter. Not every rich person wants less taxes. In fact, some, like the netflix CEO and Warren Buffet want to be taxed MORE. Yes, some people are only motivated by money, but for some, they're motivated by the challenge of a job, or bettering society with a superior product or service. In fact, there is a group of rich folks who are fighting AGAINST the repeal of the estate tax (led by Bill Gate's father), because they don't want to see America turn into a bigger Plutocracy than it already is.
Just to dispel the myth that rich folks are ONLY in it for the money (well, maybe republicans are
) and that raising marginal tax rates will discourage work.
This is in response to Cad's business owner letter. Not every rich person wants less taxes. In fact, some, like the netflix CEO and Warren Buffet want to be taxed MORE. Yes, some people are only motivated by money, but for some, they're motivated by the challenge of a job, or bettering society with a superior product or service. In fact, there is a group of rich folks who are fighting AGAINST the repeal of the estate tax (led by Bill Gate's father), because they don't want to see America turn into a bigger Plutocracy than it already is.
Just to dispel the myth that rich folks are ONLY in it for the money (well, maybe republicans are