Gene Wolfe's Politics

Jeff Wilson · 31 Mar 2009, 08:26 · from 2009-March.txt.gz

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From: jwilson at io.com (Jeff Wilson)
Date: Tue, 31 Mar 2009 03:26:42 -0500
Subject: (urth) Gene Wolfe's Politics
In-Reply-To: <14480.67.142.130.20.1238204745.squirrel at brunians.org>
References: <958496.76164.qm at web180202.mail.gq1.yahoo.com>	<1523.72.171.0.142.1238077325.squirrel at brunians.org>	<BLU120-W165E063BB36FDA170696F786910 at phx.gbl>	<2509.67.142.130.16.1238095509.squirrel at brunians.org>	<1f7617370903261242r3fbdec07scd2f4b38ee8b5a29 at mail.gmail.com>	<6055.72.171.0.139.1238099237.squirrel at brunians.org>	<1f7617370903261332k2dbe29fah1dbfa89734131259 at mail.gmail.com>	<7C5DB9EE-9F01-432E-8E6F-5C3F135CCE06 at comcast.net>
	<14480.67.142.130.20.1238204745.squirrel at brunians.org>
Message-ID: <49D1D3C2.3050201 at io.com>

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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