Why should people who are sucsessful prop up failing economies by extra taxation.?

I agree with the 1st post but...

If you have made in the region of hundreds of millions or billions of pounds i believe you have a duty to support the economy. I don't mean by way of handouts either, I mean by supporting the big employers who employ the middle earners i.e. the hard working 9 to 5ers should have job security provided by the superwealthy instead of the money going to the unemployed who are not physically seeking jobs.

Whether this support comes from taxation or direct investments into particular sectors could influence how it is utilised. Discuss.......

Because almost every single successful (ie wealthy) person in history has gotten there by using the resources that taxation provides them. A head of a successful business wouldn't be there if there were no roads, no electricity, no health care for any of their employees, no education, no currency, no national security... generally speaking, the more money you make, the more you're using the resources that taxes pay for. A guy living in a handbuilt shack in the woods isn't using many of those resources.

Americans have this myth that successful people are that way because of some internal qualities that they possess, instead of being largely products of a system. This is basically a fantasy that conveniently allows people with many advantages they didn't earn to tell the rest of us that we don't have what they have because we're not as special as they are. Sure, certain people do certain tasks particularly well, and they deserve to get paid more for it. I challenge anyone to find me an owner of a bank who is doing their job so amazingly well that they deserve to be paid $40,000 an *hour* (actual compensation of the former CEO of a failed bank).

People who have the most money get the most benefits. I will let you in on a little secret: rich people would love to be taxed more. What they are afraid of is that their rich neighbors will find some way out of it, and they don't want to be the sucker paying the whole thing.

Countries where the rich people are not taxed at all are hellholes where the rich are constantly kidnapped and held for ransom. They know it is in their interest to get taxed. The more taxed they are, the safer they are.

I think its the idiots that are on the bottom that should STAY on the bottom. Why should people that have earned their wealth have to give it away to some people on welfare that dont pay for a home because they would rather snort cocaine?? The people living without money now should stay without money. We should stop giving so much money to jails too. If somebody kills somebody, and it is proven, they should be killed. They shouldnt live a life anyways. And extra taxation wont help anybody. The government needs to get out of debt. The morons that wont pay for their houses shouldnt be living in their houses! People that earn a living, and are sending their children to school to get an education should be getting the money thats given to people on welfare. POINT BLANK.

If you don't like the extra taxation just be unsuccessful and go bust. In the present climate most businesses would rather face huge profits and extra taxation than bankruptcy. Be grateful for small mercies.

If you are successful in business, then you make a lot of money. There is only so much money that you you can spend.

Not everyone is equipped, mentally or in terms of social circumstances, to be a successful business person.

If one is fortunate enough to have a lot more dosh than the average geezer, then one should be sufficiently philanthropic to distribute a portion of this largesse to the common good.

After all, most entrepreneurs make money by selling things to ordinary folk. Therefore it is the ordinary folk who have provided the largesse to the entrepreneur.

Surely, they deserve a wee bit back.

So that they can continue to enjoy their standard of livings with peace and prosperity. If the economies fails and people are poor,there will political problems and anarchy in the country.

King Louis XVI basically felt the same way. It didn't work out so well for him.