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Author Topic:   Wealth Distribution in the USA
Dogmafood
Member (Idle past 379 days)
Posts: 1815
From: Ontario Canada
Joined: 08-04-2010


(3)
Message 41 of 531 (699437)
05-19-2013 4:59 PM
Reply to: Message 20 by Coyote
05-17-2013 10:17 PM


Re: Tax and Force are not synonymous
I know this is contrary to socialist thinking, but have you ever considered that we need more rich folks, not fewer? And that we should be encouraging them to earn more, not demonizing them?
It is raw capitalism that is exclusive and leads to fewer and fewer rich people who are more and more rich. This is because as you become wealthy it becomes easier to earn more money. It should be much easier to earn your first 100k and much harder to earn your second million.
As with all natural systems there needs to be a rule of diminishing returns.
This idea that too many taxes will stunt the ambition of the super wealthy is a red herring even if it were true. It is the stymied ambitions and abilities of the millions of subsistence wage earners that you should worry about. You shouldn't be encouraging the wealthy to be more wealthy but rather encouraging the poor to be rich.
Would you say that taxing $1k from a guy who earned $10k is the same as taxing $100k from a guy who earned a million? Are those equal burdens? Why put the burden on those who are least able to bear it?

This message is a reply to:
 Message 20 by Coyote, posted 05-17-2013 10:17 PM Coyote has not replied

  
Dogmafood
Member (Idle past 379 days)
Posts: 1815
From: Ontario Canada
Joined: 08-04-2010


Message 443 of 531 (701191)
06-12-2013 9:35 PM
Reply to: Message 438 by Percy
06-12-2013 5:08 PM


Re: Estimating Economic Benefit
Making money is the job of companies. Making things fair is the job of government.
There is something fundamentally wrong with this approach to the world. Making things fair is the job of people who want to live in a world that is fair.
Once again, for the who knows how many'th time, you can't know the contribution of any job once it's subsumed within the matrix of a company and all its other jobs and processes and infrastructure.
I don't know if this point has been raised but how then do you justify the enormous pay at the executive level if you can't know the value of their contribution?

This message is a reply to:
 Message 438 by Percy, posted 06-12-2013 5:08 PM Percy has replied

Replies to this message:
 Message 444 by Percy, posted 06-12-2013 10:15 PM Dogmafood has replied

  
Dogmafood
Member (Idle past 379 days)
Posts: 1815
From: Ontario Canada
Joined: 08-04-2010


Message 451 of 531 (701220)
06-14-2013 6:37 AM
Reply to: Message 444 by Percy
06-12-2013 10:15 PM


Re: Estimating Economic Benefit
It isn't fair that innocent children catch deadly diseases and die, yet that's reality.
Not all inequalities are equal . Some can be avoided.
If the topic is the fair distribution of wealth then that is a question of morality and morality occurs at the level of the individual. So if you want to live in a fair world then you have to be a fair person regardless of what is legal or accepted behaviour.

This message is a reply to:
 Message 444 by Percy, posted 06-12-2013 10:15 PM Percy has replied

Replies to this message:
 Message 452 by Percy, posted 06-14-2013 8:18 AM Dogmafood has not replied

  
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