Raising tax rates has nothing to do with making the rich pay their fair share. The countries with the highest tax rates have the least progressive tax systems e

Raising tax rates has nothing to do with making the rich pay their fair share. The countries with the highest tax rates have the least progressive tax systems even in terms of income rate bands. Trying to tax the rich doesn't work because it is either a) unworkable or b) dramatically harms investment. Scandinavian countries both have high income tax rates in general and large (regressive I might add) taxation on goods and services precisely because the rich are not actually paying for government expenditures. Countries with higher taxes have made a different tradeoff about the cost of taxation( borne mostly by the middle class) compared to the benefits of large fiscal outlays by the government. >> I love tax policy on HN, because it really brings out of the woodwork people who do care about what's good for the country, and people who don't. Maybe instead of arguing about tax policy using canards you could come up with a coherent argument based on actual policy outcomes?