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Sam Harris: Science CAN Answer Moral Questions

Please watch and consider this - it's worth it:

Commentary: I'm rich; tax me more | McClatchy

Commentary: I'm rich; tax me more | McClatchy.

Well here's a breath of fresh air. Some common sense from someone who has personally benefited from the low tax rates on high incomes, and who recognizes that they contribute to dangerous inequalities in wealth, stifle economic growth, and produce little or no additional investment. Read the whole thing, but the most important line may be:

What will change my investment decisions is if I see an economy doing better, one in which there is demand for the goods and services my investments produce. I am far more likely to invest if I see a country laying the foundation for future growth.

We have a demand crisis in the economy, and reducing the tax burden on those whose demand for goods is unrelated to their tax rate (wealthy people) won't solve it. What will solve it is making investments in infrastructure and research that can spur new economic growth, and improving the financial picture of the middle class that provides the bulk of the demand in our economy. Bravo to Garrett Gruener for recognizing that fact and speaking up about it (and a hat tip to my friend George for pointing it out!)