Zombie Economics and Just Deserts: Why the Right Is Winning the Economic Debate

This is not so hard an issue to win in public.



For starters, the right wing argument feeds the liberal argument. When I suggest higher marginal tax rates for obscene income, I usually hear, "Great! Then they'll take their money and go somewhere else!"



That confession is acceptance of blackmail, but not the point. The people aren't likely spending all that income - it's getting invested in wall street... which is clearly investing widely in other countries. So the point is, 'THEY ALREADY ARE - so they sit in the luxury of our standard of living, milking a depleting economic base as much as is possible.'



If they are draining from our economy, then they are clearly NOT contributi­ng constructi­vely (i.e. NOT doing the mythical rich person thing - "create jobs") and should be taxed heavily.



And the point isn't to "punish" - another popular yet nonsensica­l argument in its own right. Fact is we have massive debt and it has to be paid. The rich have no pain and no real world pressures. Their income continues to explode while the rest of us are contractin­g. The only fair and responsibl­e thing for the rich to do for the country that has given them the opportunit­y to grow fat is to go back to tax rates that encouraged long term performanc­e over 'smash and grab economics.­'



And if the rich don't like it, they can move to Mozambique and start amassing their fortunes again.
Read the Article at HuffingtonPost