what justification is there to tax the rich more?

472 is you are healthy... thats it. I had a girl from work who got hurt and was waiting for diability to kick in and looked into welfare. She got 472$ a month for 2 months before disability insurance kicked in. She is single no kids... It varies from province to province however. You do get dental coverage tho with welfare...
 
I would love to hear from you regarding my questions.

Many a person that aspire to more I've seen, many have had
to either for a mistake made when they were young(you can't
mean a person status should be determined by what they do in
their first few decades), others have had to maintain parents,
brothers, sons, family, etc... and have been stuck

Ok, right off the bat it looks like you feel that those that are not wealthy are slaves and/or are brainwashed.
First I am not rich by any means. I do not see why you think that
I am either a slave or a brainwashed consumer. Please explain...


I know of many a person that wastes thousand upon thousand on
cloths/accesories on a weekly basis, there are some who waste dozens,
if not 100s of thousands... If constantly spending(for no apparently
logical reason) and forgeting about retirement and acquiring thousands
in debt(I've heard the average us citizen has several thousand in debt.)
is not being 'brainwashed', I don't know what is.

What I mean by slave/brain washed is that millions are stuck doing repetitive/pointless/trivial tasks
with no viable way of getting out of their situation(improving their lives)

I've seen people who earn even 100Ks be quite in debt, do to buying the latest car/cloths/vac.s/etc... and sometimes f#ck up on the basics of being human, like relationships...

Do you feel the rich give back to society? Do you feel that the only
way you can give back to society is with physical labor?

NO, I think the arts/leisure/research/leading/etc are ways of contributing to society.


I really don't understand this. Why should the rich just give over more of a share of
their money to the government? I asked that question, and you just said, "Shut up, and
stop complaining". Why do you say this?


No, take it as part of the whole post... IT creates unequality, just as in the past a 'freed' slave would have
had trouble competing with others who were already established, so too
will people trying to start up new comp.s, etc will have trouble competing against long established companies with lots of connections, and a large % of the market.

You feel that the rich step on the lower classes.

NO, maybe there's something wrong with my english or something... Look, there are people stuck doing ridiculously pointless tasks, who will never escape their situation, those are part of society, those are contributing, and maintaining the bottom portions, just like atlas carried the world in his shoulder with no choice, there are MANY with no choice living at the bottom, many sustaining/carrying the world.

What I think is you shouldn't say " We deserve our success, power, fame, only to ourselves, no one else deserves thanks" cause that is a blatant lie, you have to thank your fathers, your teachers, your friends, those that laid the path before you, our ancestors, those at the bottom, God, and of course yourself, etc...

Ok, why do you think that when someone gets rich, that someone gets
poorer? If you neighbor gets raise, are you happy for him, or does
it someone hurt you?

NO, take it as a whole... as corp.s continue to pay less and less, and give less and less benefits, as more and more people gain education., as those at top establish themselves more and more, and talk to their favorite politicians, as monopolies remain intact, as ridiculous right is given over IP to companies for ridiculous lengths of time...

Look, It's not literally one-to-one, it's obvious as the big guys( in terms of industry/capital/etc) get stronger, and more powerful, it get's more and more difficult for the small guys to get their thing.

There are anti-trust laws you know, the same applies elsewhere.

Do you think that most people that work at Wal-Mart have no
intelligence, no common sense, and no education?

NO, take the etc. in mind, and I certainly did not mean everyone had all those prob.s, or had them SIMULTANEOUSLY... jr. who made ms. jr pregnant, might only have his inexperience, and biological success to blame, and might even be quite the einstein and one day change the world.

People don't succeed because they chose not to live up to their full potential and because they listen to people like you tell them they can't do it.

How many a times have I heard people say that.... They are living of in the streets cause they don't want anything more...


How many a times have I heard people say that.... They are living of in the streets cause they don't want anything more... I don't need to help them... "but we went together to college, you were my best friend"... "go f$ck someone else, I don't need to help you, it's your fault you're screwed."


Of COURSE you can get a PHD if you had the drive and determination to get one! It might not be easy for you, it might be down right hard because of some of the choices you have made in your life, but you CAN do it! That I know. =)

NOW, I see you decided to help your seven little bro.s... your old parents, or you simply made a mistake when you were young... NOW, just live there doing your menial labor for the rest of your days... that is your sentence!!!

You mentioned that some might try and start their own business and it might go bankrupt. Well, it might succeed too!

In the long run I've read at msnbc it's 1% of companies that make it... Is that good enough?

zidane1strife don't you think others could do this too if they wished?


Not if they A.) don't have the common knowledge, to get out B.) The time to study C.) Are too in debt/missed high school, and don't know how to get their degree, etc..

problems socializing: Who is responsible for this? The person that has the problem not anyone else.


RRRR, wrong... not always... Recent nature articles point some people's brains even behave different when presented with strangers...

you CAN still make a better life for yourself even though your past actions will make it a bit harder.


Many in the working class are in their 30s, with families, etc... Now even if all of a sudden all decided let's get a Ph'd and forget about it...

What would happen? When those that drive the garbage trucks, and corp. trucks, those that work for all those execs., etc went to high middle class.... WHAT u say? Society couldn't sustain such a change? Someone(a lot) has to be on the bottom for someone to be on the top( a few.).

The gov. could try to inspire, and aid all these people do something better... but it doesn't, why? CAUSE IT CURRENTLY ISN'T POSSIBLE.

If you really and truly believe this, that there is no hope, then I see as a major cause of the difference in our beliefs.


The majority of them must fail, most must remain at the lower portions of society, in order to sustain it, it is reality, you either face it or you don't.

In the past... you ended in a conc. camp... I'm not saying there's no hope for you, I'm just saying the odds are against you, and this is expected.

Do you really think that no matter what some people do, no matter how hard they try that they will never be able to make a better life for themselves?

NO, I said people can move up and down classes, but those that go up, owe part of their success to the failure/ or lack of attempt of the others that remained behind.

If I can do it, then so can anyone.


Yes, but the odds are harder as an orphan with aids, and no decent ed...


People HAVE made it to the top that had a single mother of 2, who had three jobs, and leaves them in day-care. So if ONE person can do it, then ALL can if they try hard enough.


Those kids have likely been raised without love (day care people), their values could easily deteriorate, and serious mistakes could be made by them... the cycle repeats itself...

It sounds like you live in a dark sad world where the is little to no hope of the average Joe making a better life for oneself. If I thought that it was truly that hopeless, I think I would have much different beliefs, but then again if I can make something of myself, then anyone can if they really try.


I live in the real world, true I have almost everything I want, and I've got no serious probs., I don't need to work to make a living, but I've seen the world, I've gotten outside my palace.

The middle class of western nations are truly spoiled brats when you think of it. You'll probably live to 100-120 given the biotechnology available in the next 10-20 years, yet you continue to have such a pessimistic and envious view of the world.

You know physical pain is far more bearable than psychological pain. Having ones priorities distorted by society and investing thousands to be part of a social group, and to be in... that is a prob. we may be better than many of those in the past, but there is no denying that deprivation from freedom in one way or another is still not acceptable.

Perhaps middle class people might envy being able to not work, but wealthy people generally LIKE working.


There's a BIG difference between working because you want to, and doing it because you have to...

Since $1 means alot less to me, than to someone much poorer, having to pay $1 isn't a "sacrifice", therefore, they say, it is not fair that I do not experience the pain/burden/inconvenience of having big chunks of my income taken.

Good point.

Its not the idea of spending or living that wealth I think is a problem but the shere over accumulation\concentration...

Good point.

However, this assumes that the market values things 'correctly'. Perhaps it would if the market were really 'free', but it is tightly controlled by (surprise, surprise) the very people it benefits! In other words, the rich (as a class) control how the market values various kinds of labor, and therefore the market rewards the things that the rich do.

This market control is enforced through the violent, coercive power of the state--acting in defense of "property rights" which are freedoms only for those who have property. And the people who benefit most from the system--those who rely on the coercive power of the state to force people to clean their toilets or make their shoes, or do other work they would never dream of doing, at wages kept low so the wealthy's buying power remains high--the same people complain that they have to give too large a portion of their share of the spoils to keep the system going!

Good point.


It is the great success of Western liberal democracies that they have found such a compromise formula. I think it is astonishing that the people who are benefitting most from the current system are demanding to tear it down by going to extremes of economic injustice that will invite social instability.


What I say is similar to what the gov. actually does, so I really wonder about all these people who want to change things drastically in favor of those on top...
 
Thank god the inheritance tax is going the way of the Dodo. The tax will be eliminated by 2010(?). Lets hope that it becomes permanent and is not reinstated after 2010.

Heh, we live in a different world now, I'm gonna end up seeing the consequences of such mistakes in a few decades...
 
Another post, with hopefully clearer exp.

Look, my friends, what I mean is that we need people at the bottom. My words are a little too harsh and I tend to exaggerate my similes/comparisons, but what I say is the truth. This my friends is an axiomatic(self-evident) truth, for there to be someone at the top there must be someone at the bottom. You say “you wrong Mr. Zidaneâ€â€¦ and I say look, my views are based on my observations… and my observations appear to be correct.

Society expects the majority of people to fail, think about it. If I’m at the bottom and manage to rise up, I owe part of my success to the fact the others remain there… “NO†you say…. Imagine this: tomorrow everyone wakes up with a degree(… and knowledge, of course.) for their favorite profession…. RED ALERT RED ALERT!!!! That must not happen… We need people all the way throughout the corporate ladder, that is the truth.

We can’t all be ceos, execs., pres, owners, etc… A company can’t be comprised of 10K execs…. For there to be a boss there must be people under his command… For you to be a publicist, there must be someone to clean the building, someone lower than you and someone higher… those are the facts my friend…

Do you think all those clerks, truck drivers, waiters, janitors, white/blue collar workers, underlings, etc… can all abandon their positions and rise up at the same time? NOPE, reality is we need THOSE people who clean the toilets, who attend you at a restaurant, who work for others in different fields…. Why do you think all those socialist nations of yesteryears kept those positions? I mean everyone could be lawyers, engineers, executives, surgeons, etc… NO need for the garbage man eh? "it’s because of mean old dictator who takes all the money" you say? Nope it’s because IT IS NECESSARY.

LOOK, the truth hurts I know. A doctor needs people to get sick for him to earn a living, a psychiatrist needs people with mental probs. To work. For there to be chem.. therapy there must be cancer, for there to be firefighters there must be fires…. What I mean is for there to be BATMAN there must be a JOKER… You get my drift? Insurance, society, the field of medicine, etc… depend on bad things happening to people and that is the truth.

Were I to be a M.L.K. esque figure and try to make everyone get a high salary job…. Would be a futile attempt, for the majority must comprise the structure of society, with more members at the lower portions of it, that is REALITY.

The truth is not nice, reality isn’t dreamland 101, it’s crude and it’s harsh.

“HEY ZID you said brain washed slaves†true, my words were a little harsh, but the statistics don’t lie… 50%+ divorce rate(and my conjecture is the majority of the other 50%< is obviously comprised of people who can barely tolerate each other)… 60%+ overweight(according to the news at least....Approximately 127 million adults in the U.S. are overweight, 60 million obese, and 9 million severely obese....The number of adults who are overweight or obese has continued to increase. Currently, 64.5 percent of U.S. adults, age 20 years and older, are overweight and 30.5 percent are obese. Severe obesity prevalence is now 4.7 percent )…. Average American 1000s$ in debt… Etc…

Think, do you think that the fact that the majority of people fail in their relationships, actually means they want to fail in a relationship… they want to be fat… they want to be in debt… NOPE… people’s priorities are distorted, all facts are linked, a poor person has to raise a child alone, he must work not for luxuries but for basic sustenance, it brings the structure of the family down… Being overweight carries stigmas and medical risks… credit probs. affect what you can acquire…

The views that if someone makes a mistake when they’re young they deserve a life sentence of menial labor, is preposterous.

Reality is tough, but as I said it is reality, don’t take it personal, I’m only telling the truth… If you don’t like it, too bad, but you can either face it or ignore it….

As for my examples they are freaking examples, not to be torn apart, they’re off the top of my head, and if you notice it says ‘ect’, meaning that many people aspire for more but CAN’T attain it for WHATEVER REASON, and we MUST be in a way thankful for that.

Again “If my neighbor gets a…†look if your neighbor kills his wife, it’s his prob… IF ALL MEN go out and kill a woman, WE HAVE A SERIOUS problem, it's not a one-to-one relation, that is reality.

The basic unit of society is in turmoil, people are wasting thousands as consumers, stress is the order of the day, everyone goes their own way, etc… my words are harsh, but not as far from the truth as many of you would like to believe.

PS maybe I'm writing in a different language or something, maybe it's just me, but it seems what I'm trying to express through my posts, somehow ends up completely distorted in the minds of many of my fellow board members.

Oh, and don't take this so seriously, it's just a simple discussion of facts...
 
zidane1strife,

Thanks for responding, I better understand where you are coming from. I also agree with some of what you are saying, but there are still more differences than seminaries between our beliefs. I will continue to read your posts and ponder them but here are a few short comments. =)

The views that if someone makes a mistake when they’re young they deserve a life sentence of menial labor, is preposterous.

This is a big difference between you and me. If I made a terrible mistake, I would only blame myself. I need to take full responsibility for MY actions. I should not blame others. I should not expect anyone else to fix my mistakes for me. This does NOT mean I am not compassionate or that I do not wish to help others, but when the end of my days comes I am the one responsible for my life and no other.

Society expects the majority of people to fail, think about it. If I’m at the bottom and manage to rise up, I owe part of my success to the fact the others remain there… “NO†you say…. Imagine this: tomorrow everyone wakes up with a degree(… and knowledge, of course.) for their favorite profession…. RED ALERT RED ALERT!!!! That must not happen… We need people all the way throughout the corporate ladder, that is the truth.

True we need people to not only hold meetings, but to also manufacture the goods we buy. The good news is that the system is self correcting if this were too happen (well, not in 1 day). Why do garbage collectors get pain more money than fast food workers? No one really wants to do garbage collection, therefore there is lower supply of workers and the demand raises their pay higher. As less people want to do a particular job, the pay is increased until people WANT to do that job.

As for my examples they are freaking examples, not to be torn apart

I was not trying to be harsh, sorry about that. I was just trying to show that most of those things were just people making bad choices. If someone makes a bad choice, then that is their fault just as it is MY fault when I make bad choices.

NO, maybe there's something wrong with my english or something... Look, there are people stuck doing ridiculously pointless tasks, who will never escape their situation, those are part of society, those are contributing, and maintaining the bottom portions, just like atlas carried the world in his shoulder with no choice, there are MANY with no choice living at the bottom, many sustaining/carrying the world.

I guess I just don't see people as having no choice. I really and truly don't. I am not saying this to anger you, but I do not believe it.

Dr. Ffreeze
 
I guess I just don't see people as having no choice. I really and truly don't. I am not saying this to anger you, but I do not believe it.

Well, we all want to believe there's hope for everyone, and everyone can go up... but what I mean is, realistically, it's just not possible, most of em must remain where they are, and society, the gov., the market, corps. etc. will do what they can to ensure that's what happens.

Not everyone can belong to the high-middle class and above, in the present world, that is simply the truth, most must belong to the lower portions of society, it's the way the world works.

True, the system is not as tight as previous ones, and it is easier to go up/down, but still it will be only a few who will manage to do it, and it is only a few who's upward transition can viably be sustained.
 
True, the system is not as tight as previous ones, and it is easier to go up/down, but still it will be only a few who will manage to do it, and it is only a few who's upward transition can viably be sustained.

There are more middle class people today than in any time in history. And how far "up" is enough for you? Whats your definition of enough?

PS maybe I'm writing in a different language or something, maybe it's just me, but it seems what I'm trying to express through my posts, somehow ends up completely distorted in the minds of many of my fellow board members.

Well after reading that post I undrstand (somewhat) what your saying, although its too pestimistic (Iknow, I know, its "reality"). You offer nothing, however, in return. Your posts just say "thats how it is, life sucks for most people, theres really nothing you can do about it, ect, ect....." Beyond tax the "rich" more, or contribute (donate) to the arts/research/leisure, you offer nothing but doom and gloom.

What, in your opnion, would motivate people to make this a better world, to lift up humanity, if you will?
 
Zidane, it is not only a "few" who move up. Historically, most people moved up. Only in the inner city and in rural areas have people remained "generationally" stuck. After all, where did the middle class come from? Were these all people who inherited money from rich people, or are middle class people people who were once poor farmers, who moved up? I personally moved from the bottom 20% to the top 20%. My sister moved from bottom 20% to top 40%. My other brother and sister stayed where they are, as did most of my childhood friends. Reason? Drugs, Crime, School drop outs, premature pregnancy, etc

Maybe if people could control their habits better, they could get out of the shitholes they are in. As a teenager, I spent all my time reading, going to the library, and avoiding "hanging out" in the neighborhood. I found productive hobbies. I quit my job for 3 years in 1997 to start businesses, burnt all my savings, and lived on about $3/day working nonstop. I failed twice, succeeded on my final try.

We live in a nation that offers free education to anyone and the opportunities are there to take advantage of, if people could only see them The fact that many in the inner city can't look into the future, but only care about immediate gratification of selling drugs for $$$ and getting high and partying, and having unprotected sex is not the fault of rich people.



You've been trying to make a point very verbosely that boils down to: "no man is an island". Yes, it's true, we all depend on each other, because we live in a world of specialization and division of labor. No one is self sufficient anymore.

But the fact that we benefit from others and from our ancestors does not mean they have arbitrary claim on the output of our mind and out body, otherwise, Greece would have a claim on all of the output of Western civilization.

As a simple matter of policy, we want to urge people to create, invent, and contribute, and the way we do that is by rewarding them, which means that those who merit the most, get rewarded the most


The argument I have with Pax and others is not over whether we should live in anarcho-capitalism or anarcho-communist, it's to what degree should redistribution occur

I say that a $1 trillion dollar federal budget and hundreds of billions of dollars more from state and local taxes is more than enough to provide for the underprivileged. I say that it is the allocation of this money that is flawed, not the amount being taxed. Look, we just spent $100 billion on the Iraq war. That's $10,000 for 10 million people. It could represent college tuition, teacher salary, infrastructure improvement, whatever. And that's just the tip of the iceberg. I used to do computer consulting in DC, and let me tell you, the government is being RAPED by the contractors. Government pays prices 10x higher than any corporation would pay for IT contractors.

I also claim that the income ratio between the bottom and top is irrelevent. It is class mobility and the ratio between the middle class and lower class that is the true problem. If people feel that they are stuck for generations, they lose hope, and stop looking for ways to achieve.

Looking at the assets of the rich is irrelevent, because it is non-liquid paper assets that cannot be redistributed or even realized. And middle class families who own a home, car, dvd, SUV, etc aren't likely to be pissed off that Gates, Ellison, Walmart kids, et al, own lavish homes.
 
DemoCoder said:
I'd quibble with your definitions alittle Dave. Even a flat tax percentage is progressive.

I consume the same government services a "poor" person does: education, garbage collection, police, courts, national defense, etc. I do not consume more than they do, so why am I forced to pay a higher price for equivalent service?

<snip>

First I'd like to point out that they're not just "my" definitions: "regressive", "flat" and "progressive" are generally taken to mean with respect to a fixed share of a person's income. This doesn't mean you don't raise an worthwhile point, though. Certianly there is no strong a priori reason why an overall flat tax structure is inherently the most fair, or even any more fair than any other arbitrary tax structure. There's some historical basis for why this view is often assumed--it took a constitutional amendment to allow progressive federal income taxes--but as you point out that view doesn't really make much sense.

This is just another way of saying that the original question posed by this thread--is it "fair" for the government to take a progressively higher share of income tax as one's income rises--doesn't make much sense either.

The key questions--as you correctly identify--are the value of the service one recieves from the government, and the ability one has to pay a certain level of tax (or the relative hardship one endures from paying their taxes).

The main point I'd disagree with you on is the notion that the wealthy don't get more value out of govenment services than the poor. In terms of the direct cost of those services, you're generally about right--the wealthy get a bit more per capita overall--they benefit more from corporate welfare, generally have better funded public schools, get higher Social Security benefits, etc. This slightly outweighs the benefits the poor get--individual welfare, food stamps, Medicaid, etc. Of course many of the wealthy end up passing on a huge chunk of the government services allotted them by sending their children to private school rather than the public schools they are paying for with their property taxes. (Of course in doing so they merely subsidize their school district for their also-wealthy neighbors. Plus they tend to have fewer children per household, etc.) And so on.

The point is, while the cost of the government services the wealthy recieve may be roughly the same as what the poor recieve, the value to them is much much higher. Things like the rule of law, the state's monopoly on the legitimate use of force, government backing and regulation of a stable money supply, etc. are vital preconditions for the economic stability that makes wealth creation and accumulation possible. (For evidence of this, look at any country that lacks those and other related features.) Government enforcement of contract law is worth a whole hell of a lot more to, say, an investment banker than to , say, a guy who works at Wal-Mart.

Of course (almost) everyone would lose economically if the government disappeared and society slid into anarchy. But the wealthy would lose a lot more--both because they have more to lose, and because their livelihoods are generally more dependent on the protections provided by a stable and advanced state than the poor. (Arguably McDonald's would still have a need for fry cooks even in the event of social collapse.)

And also because the lives of the very poor are not all that removed from a state of anarchy. Presumably residents of crime-ridden inner cities recieve the fruits of more police spending per capita than do residents of wealthy neighborhoods, because we of course target police resources were they are most acutely needed. So in terms of cost the poor are getting greater government service here. But if the rule of law and the government monopoly on legitimate force were to suddenly disappear, then posh wealthy neighborhoods would quickly be thrown into anarchy just as deep as in the slums. That is, the value of police protection and the rule of law is greater to rich communities, even though it may be achieved at a lower cost than in poor communities.

The very fact that I am paying more absolute cash for say, local schools, or for, police, is progressive. If schools or police where private entities, I would very well be paying exactly the same absolute price as someone else.

Again, if the market for police protection were privatized, you'd probably pay more than most, not only because you have more to give, but because you have more to lose.

Super-progressive tax rates go further. Since the marginal utility of a dollar goes way down as you have more of them, merely progressive rates aren't "painful" enough. 30% of $1billion stills leaves $666 million. I should be left only with $700,000-$1 million according to "maximize wage" socialists.

Well, the notion of a maximum wage is of course quite dumb. The key, from the state's point of view, is to maximize revenues by adjusting the marginal rate of taxation so as to skim the largest cut without taking so much that you disincentivize the extra work required to make more money. This is a matter for economic psychology, but it would be unsurprising to find that the rich will bear higher marginal tax rates than the poor. After all, despite the whinings of some conservatives, most people, rich and poor, are quite accepting of a system which is thought to work like that.

Unfortunately, some of the highest marginal tax rates actually occur at the low end of the income scale, in particular as the EITC is quite quickly phased out. (Of course, things were much worse before the EITC, where going to work and therefore failing to qualify for welfare benefits could actually cause a marginal tax rate of >100%, i.e. working more could net you less money.)
 
There are more middle class people today than in any time in history. And how far "up" is enough for you? Whats your definition of enough?

1000s in debt, forced to work to pay for it, possibility of losing even your home… that certainly isn’t enough…

Well after reading that post I undrstand (somewhat) what your saying, although its too pestimistic (Iknow, I know, its "reality"). You offer nothing, however, in return. Your posts just say "thats how it is, life sucks for most people, theres really nothing you can do about it, ect, ect....." Beyond tax the "rich" more, or contribute (donate) to the arts/research/leisure, you offer nothing but doom and gloom.


Well, my solutions are a little rough and unorthodox, it would involve a lot of changes to the current system, but in the end it would be for the better.
Again I believe at present there are no real solutions, but there will be some... it's just a matter of time.

What, in your opinion, would motivate people to make this a better world, to lift up humanity, if you will?

There are many things I think could be done, but the real solutions require more technological advances.

Zidane, it is not only a "few" who move up. Historically, most people moved up. Only in the inner city and in rural areas have people remained "generationally" stuck. After all, where did the middle class come from? Were these all people who inherited money from rich people, or are middle class people people who were once poor farmers, who moved up?

Look, I really don’t think movement like yours(bottom 20%, to top 20%) is something as common as you think, I still see the same janitors, beggars, clerks, and many low-level workers in the same place(class.) or near it, even though years have passed.

Think about it? If it was really common, after just a few years we’d have some real probs.
We live in a nation that offers free education to anyone and the opportunities are there to take advantage of, if people could only see them The fact that many in the inner city can't look into the future, but only care about immediate gratification of selling drugs for $$$ and getting high and partying, and having unprotected sex is not the fault of rich people.


If people saw them, again “who would be the people composing the lower structure/portion of companies/societyâ€â€¦ as for the rich, I’m not saying it’s their fault…


those who merit the most, get rewarded the most

That is not always the case, and the reward appears to be quite disproportional many a times… You copy someone’s idea and sell it to some big name comp… and you might go quite far…

I think if I take advantage of someone I certainly don't deserve a reward... but what happens in the real world...

Now say a small village, someone like me or you could probably, make others buy my/your products, till the point came they basically depended on me/you(fictitious example Smallville). We are in a position not only of wealth and well being, but in a position of power. Taxing a little more won’t kill anyone, it will benefit and help protect a social system, one were you’re already on top, and getting the most benefit out of.


I say that a $1 trillion dollar federal budget and hundreds of billions of dollars more from state and local taxes is more than enough to provide for the underprivileged. I say that it is the allocation of this money that is flawed, not the amount being taxed. Look, we just spent $100 billion on the Iraq war. That's $10,000 for 10 million people. It could represent college tuition, teacher salary, infrastructure improvement, whatever. And that's just the tip of the iceberg. I used to do computer consulting in DC, and let me tell you, the government is being RAPED by the contractors. Government pays prices 10x higher than any corporation would pay for IT contractors.

I agree. The gov. should be more careful with what it does with our money, and it certainly needs to cut military expenses.

But I think more efficiency should be used to do more, not to cut more taxes.

I also claim that the income ratio between the bottom and top is irrelevent. It is class mobility and the ratio between the middle class and lower class that is the true problem. If people feel that they are stuck for generations, they lose hope, and stop looking for ways to achieve.

Well, a recent article(again at msnbc) said class mobility has diminished slightly(gov. listening to those in power a little to much, wouldn’t you say?), and with the way things are going it will only get worse.

I don’t think it’s irrelevant whether one day I end up making more money then the entire nation, it is relevant. The fewer the people controlling the largest portion of the capital the worse, no?

Looking at the assets of the rich is irrelevent, because it is non-liquid paper assets that cannot be redistributed or even realized. And middle class families who own a home, car, dvd, SUV, etc aren't likely to be pissed off that Gates, Ellison, Walmart kids, et al, own lavish homes

I’ve given info(previous post.) about some of the prob.s that are arising all across society, if a bunch of people in Minnesota wanna start anarchy 3000, and don’t care about anything, we certainly can’t allow them to, now can we? If the middle/high/low class are spending thousands and failing in their lives, it is OUR problem too you know.


I agree.
 
zidane1strife,

Quote:
There are more middle class people today than in any time in history. And how far "up" is enough for you? Whats your definition of enough?


1000s in debt, forced to work to pay for it, possibility of losing even your home… that certainly isn’t enough…

1000s of people are in debt because they bought too much on credit. They chose to buy items that they did not have the money for. They forced themselves to work harder than they would have had to because they bought things that they could not afford. If you buy too many things on credit, and you do not repay it back, you could loose your house. This is a fact for the poor, middle class, and wealthy. I do not see how this has anything to do with what Joe's question.

How much money do you think is enough for people to have to be living a good life?

Dr. Ffreeze
 
zidane1strife said:
1000s in debt, forced to work to pay for it, possibility of losing even your home… that certainly isn’t enough…

Debt brought on by gluttony, not poverty. Many people will spend themselves into debt no matter how much money they have. Did every American family really need two cars, a huge house, televisions in everyroom, designer clothing and shoes for the kids, etc?

There are many things I think could be done, but the real solutions require more technological advances.

Ah, a sounds like a retread of "scientific socialism", you have a plan that is in the best for all of us, etc

Think about it? If it was really common, after just a few years we’d have some real probs.

No we wouldn't, because people also move downward from business/investment failures, and immigrants and younger workers pick up a the slack at the bottom, as well as automation replacing many jobs at the low end that are no longer needed.

That is not always the case, and the reward appears to be quite disproportional many a times

The reward is determined by the people in general. If I am a great singer, and people buy 10 million records from me, and millions pay $100 to see my concerts, my reward might be that I am 10,000 or 100,000 times wealthier than the people who pay to see me, but it is THEY who have rewarded me.

Let's say I spend $100,000 of my own savings on a nanotechnology startup, and I create the first real nanotech assembler. My company changes the face of the entire world, everything becauses radically better and cheaper, but as a result, I become $100 BILLION dollars richer. Disproportionate reward?



I agree. The gov. should be more careful with what it does with our money, and it certainly needs to cut military expenses.

And social expenses, namely, the elimination of the Ponzi scheme known as social security and replacement with something that is more rationally sustainable.

But I think more efficiency should be used to do more, not to cut more taxes.


This still isn't good enough for you. If every ounce of efficiency was used to do more for the underprivileged, while at the same time, the rich still continued to get richer, you'd still be complaining, because ultimately at the heart of your complaint is a greed and envy. You simply do not care how much better life gets for everyone else, you only care that someone else is having a party.



Well, a recent article(again at msnbc) said class mobility has diminished slightly(gov. listening to those in power a little to much, wouldn’t you say?), and with the way things are going it will only get worse.

Mobility slowed down at the end of the 70s due to a maturing of the manufacturing sector, and switch to service economy. Prior to the 1970s, only high school educated labor was required to be upwardly mobile as rural farmers became blue collar urban/suburbanites.

Today, you need a college degree. People haven't adapted fast enough to the changing economy, and thus we import educated immigrants to do those jobs. Nothing to do really with tax cuts for the rich. Manufacturing jobs went overseas, and that's that.

Walmart is supposed to be a step in the ladder, not a permanent position. If you're working there for more than 5 years, and not on the management track, what are you doing with your college degree, and if you aren't college educated, WHY NOT?

I don’t think it’s irrelevant whether one day I end up making more money then the entire nation, it is relevant. The fewer the people controlling the largest portion of the capital the worse, no?

Capital and income are different. Anyway, you keep painting nightmare scenarios that are nowhere near becoming true. Bill Gates has only a fraction of the total wealth of the nation, and most of it is non-redeemable paper.

I mean, this is a ridiculous strawman "what if one guy owned everything!!!!". I could equally say "what if socialism ended up with the government owning everything!!!" It is not conducive to discussions to raise irrelevent extreme examples.


There are more wealthy individuals being added everywhere. The US has 2.2 million people now with assets of atleast $1million, and Europe has 2.5 million. This figure continues to rise historically. Wealth is spreading. The so-called concentration is highly vacuous. Bill Gates once had nearly $80 billion, now he's back to $40 billion. All of it, fluctations on paper. No money or assets changed hands between him and other people. At $80 billion, his wealth was no more concentrated than at $40 billion, since it was relevant to the value of the market overall rising and falling.
 
the government is being RAPED by the contractors. Government pays prices 10x higher than any corporation would pay for IT contractors.


That is a massive prob and shows lack of democratic scrutiny of public works. Facility I work at cost over 230 000$ PER room in a 10 room vets wing. That was 10 years ago. You can build a hell of a nice house aroud here for that kind of money and those modest rooms dont have anything special other than a single sprinkler and a basic intercom.

This however would be a worse prob if we had less democracy and gov was even more in the pocket of business than it is now.
 
1000s of people are in debt because they bought too much on credit. They chose to buy items that they did not have the money for. They forced themselves to work harder than they would have had to because they bought things that they could not afford. If you buy too many things on credit, and you do not repay it back, you could loose your house. This is a fact for the poor, middle class, and wealthy. I do not see how this has anything to do with what Joe's question.


I don't mean 1000s of people, I mean 1000s of dollars in debt, average american.

What is enough? I want a world where all have the ability to dedicate themselves to whatever they want arts/sports/research without worries about funding, how they're gonna live... and can take their time off whenever they need(when family dies, they feel down, etc) without repercussions.

Many people will spend themselves into debt no matter how much money they have. Did every American family really need two cars, a huge house, televisions in everyroom, designer clothing and shoes for the kids, etc?

What do you think I meant when I said 'brainwashed', family relationships in ruin, thousands in debt, unhealthy lifestyles, etc... People should not have to worry about their basic amenities, for something as ridiculous as these mistakes.

Ah, a sounds like a retread of "scientific socialism", you have a plan that is in the best for all of us, etc
Democracy stays, capitalism stays, no central power, etc... I don't see the prob. with my solutions.

Democracy stays, capitalism stays, no central power, etc... I don't see the prob. with my solutions.

The reward is determined by the people in general. If I am a great singer, and people buy 10 million records from me, and millions pay $100 to see my concerts, my reward might be that I am 10,000 or 100,000 times wealthier than the people who pay to see me, but it is THEY who have rewarded me.

There will probably be those with more talent, who've tried, and still try, but fail and continue to fail, maybe for the rest of their lives... you were awarded for being the 'in' thing of the moment, is 10k-100k an appropiate reward. It is the people behind a dictator, who make the dictator, it doesn't justify his rewards, power/money/fame, etc.

Let's say I spend $100,000 of my own savings on a nanotechnology startup, and I create the first real nanotech assembler. My company changes the face of the entire world, everything becauses radically better and cheaper, but as a result, I become $100 BILLION dollars richer. Disproportionate reward?

It very well could happen, a bigger comp. steals your idea, and some no-name pre. gets all those rewards... you know had Enron not collapsed(miracles can happen you know), those corrupt people at the top, would have kept a ton of money... Is that a proportionate reward?
Ceos/execs/board. memb.s that might make a company go near bankrupt, and begin cutting salaries right and left, and firing, and then decide to give themselves some big fat bonuses, stock opt.s, etc... That is proportionate?

Oh, I'm retiring I'm not the founder or anything, but I guess the company should give a couple of mansions, with permanent memberships to my favorite clubs(payed by the comp.), butlers/servants payed for LIFE... That seems fair... At least, I have some decency, I'd never allow something like that to take place.

PS hope your lucky, and can somehow beat all those companies that are spending $$$ in R&D in nanotech.... it won't be easy, with the best in the field working for them and all you know.


This still isn't good enough for you. If every ounce of efficiency was used to do more for the underprivileged, while at the same time, the rich still continued to get richer, you'd still be complaining, because ultimately at the heart of your complaint is a greed and envy. You simply do not care how much better life gets for everyone else, you only care that someone else is having a party.

Nope, someone can have more than I, I really don't care, but in the long term we have to put limits to how much any one individual can own.
Even with the changes someone like me would desire, there still would be many 'even significantly' richer and more powerful at the top, but the bottom would not be so low.

As for extra cash from extra efficiency going into welfare/etc, I think it's better for it to go into R&D of new technologies to improve the lives of everyone, and for improvement in education, the rest would come after those.

Manufacturing jobs went overseas, and that's that.


Those low-pay workers, are still human, they're not just resources, and it is thanks to them that many of those execs. get bigger pay checks.

Anyway, are you hearing/listening to yourself? I dislike the current system, you excel or you're srewed, and even if you excel you might still be financially screwed!!!! My God, how can you tolerate such a haphazard/random system?!?

Where those that do wrong are equally rewarded.... where you depend on the roll of the dice.... I want a better world... you want this one... ye should not fear change, for ye cannot stop it, and it will not harm ye, ye should just embrace it...

I want a world where a child who dreams of being an astronaut, can make that dream a reality(no, there can't be a million astronauts in space at the moment), where his hopes, his dream have more than a 1 in a million chance of becoming a reality...

PS II Hmmm, I don't see why some of those arg.s are directly implicating me... envy, greed??? Like hello, I don't seek riches, material possesions, what I seek is beyond such trivial pursuits, true I'm blessed with lots of stuff, but my goals are of a completely different nature... maybe that is why my views are incompatible with yours...
 
"Every kid who dreams of being an Astronaut, can be one? "


'In the year 2020, Zidane becomes president of the US. After instituting his pet dream, he was promptly booted out of office when it became apparent that the economy was now in serious debt after suffering billions of dollars from shuttle crashes due to pilot error. :LOL: '
 
Sigh.

It is a good thing that the average consumer is a few hundred, or even a couple thousand, dollars in debt. For the most part, going into moderate debt is a smart economic decision, especially for those who make it, i.e. primarily the young. It is rational economic behavior to try to smooth out your consumption; it is economic fact that your income will not be smooth but will increase in fits and starts as you get older and gain more workforce experience. Hence going into modest debt early on is the smart thing to do.

Do some people go into too much debt, or fail to make the expected income gains and thus fall into trouble? Sure. But that's why we have liberal bankruptcy laws: to subsidize the risk for the rest of us. This is the sort of thing that keeps our economy going. It is very very far from something to be worried about.

We now return to our regularly scheduled ignorance.
 
Well the average cc holder is about 8500$ carried over balance debt. Bit more than the 2 g or so. And thats only cc. Tho it recently has gone down about 400 million in overall debt that is in the range of 1.7 trillion...

http://money.cnn.com/2003/08/07/news/economy/credit.reut/index.htm

Quite a few commentators and economists have expressed reservations on this level of debt... I suppose they should be enjoying their ignorance too hhe...
 
Dave H,

some people go into too much debt, or fail to make the expected income gains and thus fall into trouble? Sure. But that's why we have liberal bankruptcy laws: to subsidize the risk for the rest of us.

I view bankruptcy as wrong if my debt is self imposed (not sickness or the like). I feel that integrity is a good thing. If I go too far in debt because all of the cool things I want to buy, that is my choice. When I buy something on credit, I say that I will pay my creditors. If I do not pay my creditors back, I am lying and I lack integrity. Just because the law says it is ok, does not make it so.

We now return to our regularly scheduled ignorance.

That was very rude.

Dr. Ffreeze
 
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