, if you remove the safety net from those risks, they being tax deductions,
rehctub,
Our taxes provide that safety net when these "risk takers" get into a jam. Unless you can show me where investors actually got their money back from the companies gone broke but their directors still being multi millionaires. It's us who again & again have to pay more fees left, right & centre. Like my mate who lost his house after an investment company went to the wall. Evenually, after several years one of the major banks gave some investors some moey back but with a loss of a third of what they originally put in. Yes, the investors did get greedy but when Governments encourage people to invest then why should people not feel comfortable to do so ?
But, when things go shonky & the investment company directors start running it should not be the normal mums & dads who have to make up the shortfall whilst the directors are living in luxury.
So you see, the risk takers aren't really taking great risks, they just try & make us believe they do. They'd be too scared to support tax reform.