The Instigator
BobTurner
Pro (for)
Tied
0 Points
The Contender
tyler3923
Con (against)
Tied
0 Points

Taxes on the Rich should be Increased

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Post Voting Period
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Voting Style: Open Point System: 7 Point
Started: 3/21/2014 Category: Economics
Updated: 2 years ago Status: Post Voting Period
Viewed: 346 times Debate No: 49658
Debate Rounds (3)
Comments (2)
Votes (0)

 

BobTurner

Pro

Rich = top 2 percent of income earners




Rules

1. Con will post his argument in Round 1, and then will post "no argument, as agreed upon" in round 3. This ensures that both debaters have the same amount of arguments. Failure to follow this rule will result in a 7 point loss.
2. Forfeitting will result in a loss.

tyler3923

Con

As this has a 15 minute limit, do not expect sources.

Onto the argument...

I both agree and disagree with you. I agree because it is my opinion that there should be a very low, flat tax rate that is completely unavoidable with zero returns to anyone.

But onto why the rich should not be targeted with taxes; it simply doesnt work. America's most wealthy are highly adept at avoiding taxes. This is done in a variety of ways to include: utilizing overseas bank accounts, the stock market, donations, business expenses. The list goes on and on. When you have enough money to employ financial advisors, lawyers and accountants on your behalf; there will always be exploitable loopholes.

But assuming you did manage to put a system in place where the top two percent had the majority of their incomes stolen by a wasteful government... they would simply leave. Thereby cutting jobs and in effect, decreasing tax revenue.
Debate Round No. 1
BobTurner

Pro

BobTurner forfeited this round.
tyler3923

Con

tyler3923 forfeited this round.
Debate Round No. 2
BobTurner

Pro

BobTurner forfeited this round.
tyler3923

Con

tyler3923 forfeited this round.
Debate Round No. 3
2 comments have been posted on this debate. Showing 1 through 2 records.
Posted by tyler3923 2 years ago
tyler3923
Debate Round Forfeited

BobTurner"has forfeited round #2.

Our system has not yet updated this debate. Please check back in a few minutes for more options.

Its been like ten minutes since I got that message. Im not gonna wait any longer. Voters, consider this debate void as pro was never able to make a case. Pro, please challenge me to the same debate with 72 hours to answer.
Posted by Finalfan 2 years ago
Finalfan
I would love to see the top 2% pay out the arse! That's only because I hate rich people!
No votes have been placed for this debate.