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    dmr2007's Avatar
    dmr2007 Posts: 1, Reputation: 1
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    #1

    Oct 8, 2009, 02:51 PM
    Does this passage had any fallacy in it. If so what category does it fit in?
    "It's stupid to keep on talking about rich people not paying their fair share of taxes whole the budget is so far out of balance. Why, If er raised the tax rates on the wealthy all the way back to where they were in 1980, it would not balance the federal budget.
    phlanx's Avatar
    phlanx Posts: 213, Reputation: 13
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    #2

    Oct 11, 2009, 10:11 AM

    Hello DMR

    Your question is a little confusing but if I understand it correctly,

    The economy needs to attrract wealthy people, who in turn invest in the market in all the forms available, open stores, businesses, share markets etc

    This then helps to generate jobs within the market place both directly and indirectly

    If the government levied more taxes onto such people, other country markets would start to look more favourable to them and as such they would move out, with their investments and the jobs would go

    This is a very simplifed reason too much larger integrated web of the economy

    Hope this helps

    Phlanx
    TUT317's Avatar
    TUT317 Posts: 657, Reputation: 76
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    #3

    Oct 14, 2009, 01:40 AM
    Quote Originally Posted by dmr2007 View Post
    "It's stupid to keep on talking about rich people not paying their fair share of taxes whole the budget is so far out of balance. Why, If er raised the tax rates on the wealthy all the way back to where they were in 1980, it would not balance the federal budget.
    From the limited information you have provided and given the different formats that constitute a fallacy; I will give it a go...

    What you have provided appears to be a quote from someone who is an authority or believes they are an an authority. If this is the case then the fallacy appears to be, ARGUING FROM AUTHORITY.

    One cannot prove the truth or falsity of a given statement simply because someone is an authority on the subject. They can be the greatest authority on the subject at hand, but this is irrelevant if they cannot provide any evidence for their claims.
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