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.



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