Instigate wrote:OK, just a little definition confusion. Neither burger flipper is likely to have an abundance of wealth(become wealthy) by flipping burgers, however, one burger flipper will have 66% more wealth than the other, thus the correlation between hard work and wealth.
66% of what? That could be 66 cents, $6.60 or $600. None of those are significant in the context of today's cost of living. The harder worker might have more earnings, but neither is wealthy. My original postulate is that there is no direct correlation between hard work and wealth -- ie being wealthy. For example, stay at home moms work harder than anyone and make absolutely nothing for their efforts.
Quote:
The top 5% of wage earners pay 55% of the tax burden.
Source
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No, a flat tax would basically wipe out all the tax shelters, loop holes, and deductions that the wealthy hide their money in. Half of personal income is not currently taxed because of thses loopholes. If I understand it correctly, households earning less than 22K would be exempt. A flat tax is not meant to punish anybody, only to be fair. Here is what has been
proposed
Ok, so if the upper earners are already shouldering most of the burden, why do we need to eliminate loopholes? Wouldn't they then have to pay more?
I'm actually ok with a flat tax as long as it is relatively low (to allow the middle class to breath) and as long as it doesn't kick in until after a certain level of earnings.
Quote:Quote:I was thinking specifically of the industrial age here in the US and folks like
Jay Gould specifically. But I could give examples throughout history and from different countries. Slavery was a great crime that made many a plantation owner rich. I could probably make the argument about contemporary fortunes made off of Enron and Worldcom and others, but that's not really my point. My point is that implying that people are in the positions they are in solely on the basis of merit is demonstrably false -- and that goes for both the rich and the poor. Then there is the majority of us, those of us in the middle that are carrying the weight of both other sectors.
I agree with most of what you said above, just not what you said originally said:
"Behind every great fortune is a great crime"
Actually, what I originally said was:
FreeDuck wrote:I'm going to show my pinko colors and quote someone I can't remember who said "Behind every great fortune is a great crime." That may or may not be true right now, but there was a time when it was probably the rule.
Which is pretty much the same thing I said above, but with examples.
Quote: As for protecting private property, I thought that was what laws, cops and guns were for.
No, those are what allows us to punish folks after they've violated us or our property.
Quote:Maybe. I just dont like the fear tactics ie "your kid beaten, your house robbed, your car stolen"
That wasn't intended to be a fear tactic but an illustration of how other people's poverty does affect us, whether we would like it to or not. It was a direct response to the "I don't care about poor people" statement.
Quote:Also, Im not sure what to make of this "None of us lives in a vacuum where what's ours is ours and no-one elses" Last time I checked, whats mine is mine and no one elses. Do you mean to say that property can be stolen or seized by the government?
No, that's quite a leap. I mean to say that we have things that are ours, but we share most things that are important with those who share this planet with us. Like the air we breath, the water we drink, the roads we drive on, the schools we attend, the sidewalks and public transportation, etc etc. We don't live in a vacuum and we can't prevent other people from affecting our lives.
I will say again, there is and has to be a balance between "screw the poor" and "damn the rich".