WhatFinger

Advocates of “soak the rich” policies live in a theoretical world where incentives have no impact on future behaviour. The reality is far more sobering

Soak The Rich? Tax Revenues Might Just Dry Up


By -- Aaron Wudrick, Federal Director—— Bio and Archives--January 13, 2015

Canadian News, Politics | Comments | Back To Full Article

In 2012, French President Francois Hollande was elected on platform that included a prominent proposal to increase a range of taxes, including an eyebrow-raising increase on high income earners to 75 per cent. Facing a huge public debt of some €84 billion, Hollande’s view was that taxing the rich more would help close the gap.
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