You have no idea what I know.
Your responses are a pretty good indicator of what you do and don't know.
Economics tells us that money has to flow in order to do good. It is (not identical to but) analogous to an electric current. Our free market economy depends on that flow, and inadequate flows lead to weak economies. Taxation reduces that flow by taking money out of the free market and moving it into government circles where free-market goals are not supported quite so well. Witness that famous government inefficiency due to mismanagement.
Isolated case in point: The poor job performed by the U.S. Army Corps of Engineers in constructing levees in New Orleans before Hurricane Katrina. Poor oversight led to fragile levees. Which eventually led to the need to re-do the levees and take money out of the hands of folks who were getting by - until they had to rebuild or leave the area. One small, narrow example of government waste. The flow of money went to people who were corrupt and got away with corruption due to inadequate oversight over shoddy workmanship. Followed by nobody's feet being held to the fire for those corrupt practices. I lived through that. I saw the results. And I remember that nobody went after the corrupt contractors. (Or at least, not adequately.)
Cash flowing into corrupt projects is a disruption of that flow, like a short circuit. Whereas corporate wealth acquisition doesn't interfere with that flow. It is the NEXT step after wealth acquisition that triggers the problem by putting money in a place where it can't flow. Idle money is worthless. But folks who have wealth and re-invest it (yes, to gain more wealth in the process) maintain that flow. Like current in electrical circuits, cash flow goes around and around many times through many paths before thinning out.
Your comment about 92% tax - acting like it was a good thing - shows that you are happy with disrupting the flow of cash in what SHOULD have been a healthy economy. Your isolate graph is trash because you need to bring in all sorts of statistics relating to aspects of the money supply in order to prove your point. But most studies show that excessively high taxes tends to stifle investments that could grow new businesses or improve existing ones. They have the effect of increasing the rate at which non-government infrastructure wears down due to lack of maintenance because the private infrastructure money isn't there. The analogy to electric circuits is resistance, which wastes the power of that circuit. And resistance to cash flow is corruption. You want to do some good? Chase down corruption in government. DON'T tell me we need more taxes. We are already at or past the point of no return on paying the national debt, according to the congressional budget office.
Just keep on taxing and spending, buddy. Oh, if you want an opinion on how that will turn out, ask the people of Greece.
