(urth) Gene Wolfe's Politics

Jeff Wilson jwilson at io.com
Tue Mar 31 01:26:42 PDT 2009

brunians at brunians.org wrote:
> This is why 'raising taxes on the rich' doesn't work, for those of you who
> have been paying attention.

>>> I'm talking about the gummint going bankrupt, silly boy.
>> Gummints don't go bankrupt, having produced nothing in the first
>> place.  They may print money, which will devalue all the goods and
>> services of the society and bring about its ruination, of course.
>> They have that power, but they don't have the power to create money
>> in the original sense of the word, as a store of value.  You may or
>> may not be aware that businesses don't pay taxes either, individuals
>> do.  Businesses pass them along to their customers to pay.

Who do estate taxes get passed on to?

Jeff Wilson - jwilson at io.com
< http://www.io.com/~jwilson >

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