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You are here: Home / 5 Liberal Arts / Politics / When You Raise Taxes on the Rich, Everyone Pays

When You Raise Taxes on the Rich, Everyone Pays

June 5, 2009 by mattperman

From the Townhall blog:

Here’s what the President hopes nobody realizes: Raising taxes has consequences for everyone — and most of them are bad.

Yet another example:  If the Obama tax plan goes through, Microsoft intends to move some of its jobs out of this country.

Yesterday, I wrote about the ugly unintended consequences for regular Americans of the liberal love affair with “taxing the rich.”

Today, Microsoft has offered us a lesson on what it means for regular Americans when liberals try to “tax corporations.”

Whether or not they know it, when the government raises taxes “just” on “corporations” or “the rich,” everyone ends up paying.  Everyone.

(HT: JT)

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About Matt Perman

 

I am the director of career development at The King’s College NYC, co-founder of What’s Best Next, and the author of What’s Best Next: How the Gospel Transforms the Way You Get Things Done. This is my personal website where I blog on four of my favorite topics: theology, apologetics, culture, and living in New York City.

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