Buzsaw writes:
They invest it in stocks, bonds, IRAs etc...
In other words, they invest it in American businesses.
... and retire with ever expansive benefits wintering in Florida, Hawaii....
The last I checked, Florida and Hawaii were still part of the US, so much of that money stays in the US economy.
... and squandering it in the casinos...
American casinos employing thousands of Americans?
... doling it out to other well to doer fat cats who couldn't care less about my county's wrecked economy.
My point is that high taxes aren't to blame for wrecking your economy. Most of the money stays in the economy.
A lot of countries with higher taxes have healthier economies. I can see one of them from here.
Edited by Ringo, : Splling.
Disclaimer: The above statement is without a doubt, the most LUDICROUS, IDIOTIC AND PERFECT EXAMPLE OF WILLFUL STUPIDITY, THAT I HAVE EVER SEEN OR HEARD.