Guess what? Corporations don't REALLY pay tax. You tax corporations, the price of everything goes up and wages go down.
Tax capital gains, the economy freezes up because nobody wants to sell.
Tax the rich innovators, people leave the country and innovate elsewhere. Without innovators hopes of making it big, you would have neither your computer nor internet to be reading this.
Not to mention that income tax is inherently anti-freedom and is legal theft.
Average voters don't understand economics due to bad public schooling I think, at least in the USA. They have that image stuck in their head "tEh corporations r evilz and wants to kill us and take r monies government HALP PLZ!"
You make a LOT of unsupported assumptions.
YOu have no evidence that the Rich are "innovators".
In fact MOST new businesses and new technologies comes from Scientists, Researchers and other University employees.
At most- the rich simply buy their patents.
And- In Fact, there is NO evidence the undertaxed rich spend that money on investments that help U.S. workers.
More and More the money we DONLT tax the rich is being invested in phone banks in Bombay and facotries in China,,, OFFSHORING jobs in the name of a short term profit and a BIG cash bonus for the men making these decisions.
Further- Corporate taxes are already high- what is being discussed is taxing the personal income of wealthy individuals.
And- to point out the biggest fallacy in your post... the FACT is that HIGHER corporate taxes drives corporate officers and investors to NOT take margin as profit, and Rather, invest it into growth.
So- you are 180 degrees wrong.
Higher taxes on profits DRIVES corporations to shield money from that taxation thru investment in business, RATHER than taking the money as dividends. ( taking dividends gets taxed TWICE- once as profit to the corporation, and again as personal income )
So, really, when you talk about ignorance, get a mirror.
There is a difference between THEORY and practice.
As any FOOL can see, Republican THEORIES about the market do not work out well in practice.