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Lower taxes for the rich?
by josefresco 4y ago
Lower taxes for the rich?
- sharemywin 4y agothe rich already have lower taxes. if your talking upper middle class maybe but that would probably just shift the taxes on to the lower middle class and poor. which would lower their spending power. so you'd drive up asset prices and lower consumer spending.
- josefresco 4y agoI'm not advocating for the strategy, I'm suggesting a possible reason why a tech worker would vote or support a US Republican. They probably make more than your average American, and therefore have a financial incentive to support a political party promising lower taxes.
- sharemywin 4y agoI think that's part of the issue this election cycle they weren't really offering that.
- dekhn 4y agomany rich people at bigtech got there through national funding in science and engineering. They conclude that taxes, which helped fund their education, could actually be a good thing as it helps us grow the next generation of geniuses. I also met many people who had fled the midwest because they found it intolerant- gay people, democrats, etc. They like the Bay Area (home to many of the bigtechs) because it's much more liberal.