Quote:
Originally Posted by jamesqf
I don't know exactly who you are counting as "rich", but I don't think your argument is supported by facts.
First, I don't think the really rich ever actually vacation, they just buy homes in different places.
Second, for the prosperous to moderately rich, vacation location choices are far more likely to be based on climate & scenery than economics. If you want to go on a ski vacation, for instance, you go to places like Aspen, Whistler, or Gstaad - and the local economy in such places has very high levels of income inequality. Very few people, rich or not, take ski vacations in say Norway or Sweden.
Same for tropical vacations: most people head off to places which have a very high degree of income inequality - the West Indies, Mexico, Thailand,etc.
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I do agree that most tourism is based on relativly low wages for the majority of workers in the tourist town itself, but many of the countries such as Switzerland and Austria... have relativley equitable societies even if workers in the tourist industry are low payed.
Swedes and Norwegens frequent there own ski areas in sufficiant numbers to sustain them because the average income is relativly high, just like there level of taxation...
Now what was it that Adam Smith said about the paying of Taxes...?