On Monday, September 19, 2011 1:42:58 PM UTC-7, Ignoramus15208 wrote:
On 2011-09-19, Steve B
wrote:
Tax the rich. Tax the corporations. Take their wealth. Give it to the
little people. Make life fair.

Are these people so foolish to think these people and companies will not
relocate and I mean RIGHT NOW to third world countries to keep their wealth?

I do not think that it is quite as simple.

If a company is making certain gizmos, it will relocate its gizmo
making factory to wherever it is cheaper to make

Well, but... people and companies alike benefit from government-supplied
services, creating an environment where complications (lack of safe transport,
unenforcability of contracts, unsafe airi/water/food, corrupt police) make
for added, unpredictable costs. It's worth paying a high tax rate if the benefits
are commensurate.

Like EVERY economic decision, it is NOT about cost. It's always about two
complete alternative paths, each with both costs and benefits. Never
just cost. Never just cost of taxes.