Browsing Tag

Taxation

Taxation and economics not quite simplified

I don’t spend too much time thinking about taxes, but ran into this slide deck which uses a “3 guys go to a bar” approach which includes a little revolution and potential expats along with the cartoon characters. I take a little issue with the zero contribution and zero benefit approach, since math bears out that worker guy over time received $1000’s in benefit in the model laid out. I guess that might be the point – no tax cuts or we have to pay for our own beer. I’m actually a little confused by the message, it’s almost inverse Marxism with the focus on the benefit and status quo, rather than the contribution and improvement.