Why Taxes Are Bad, Economics 101

Sometimes it seems that people are willfully ignorant of basic economic principles.

If you raise taxes on employers, employers have higher costs.
If employers have higher costs, they will either reduce costs in other areas (like employment, benefits, wages) or increase prices.

Either way, the people who get stuck with the tab for the higher taxes are not the employers, but the employees.

And that is why you should be in favor of tax-cuts for the wealthy.

 

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s