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Originally posted by Spanky
The goal of economic "science" is to increase the prosperity of the society in question. Or as I like to say, increase as much as possible the "utils" in the society. You don't choose one economic policy over another because it is moral, you choose it because it brings the most "utils". Taxes suck because they decrease the prosperity of the society in question. However, some taxes are necessary because what they are used for increase the utils to a society more than they decreased utils caused by the taxes. A person that makes thirty thousand a year, an increase in prosperity of $2000, creates a lot more utitlity for that person, than an increase of prosperity of $1 billion to Bill Gates. So taxing the rich dimishes the amount of utility in a society less than taxing the poor. Free market economics are better than socialist economics because it brings more utils to the society. Once economists start talking about morality beyond utility they almost always screw it up. Like the flat tax is more moral than a progressive tax - Not. The only valid argument for the flat tax would be that, overall, it would benefit the society more.

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