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The only thing that can be done is to confiscate the property of the rich, who are just keeping all their wealth stuck up their butt like a thermometer measuring their worth. And that is not going to happen. Not peaceably.
another example, if I walked into a room, and randomly gave out $1,$5,$10,$100 etc. is it unfair because you didn't get the $100 instead of the $1? but it wasn't your money to begin with, why should you decide how "fair" I should be when I give it out?
this is what I think people don't realize when they complain about jobs. you aren't there to hold out your hand and hope for a good lottery draw. what you can offer impacts what someone is willing to give to you
what people should want most is not to be excluded, not that they didn't get the same as everyone else
"fairness" is not real, even from your own home, do you eat the exact same amount as your family members? if not, why do you not force feed the toddler the same amount as the adult so the kid can get the same fair amount? or withhold food from the adult so he isn't getting an unfair amount?
it's laughable that the people who cry income inequality talk about fairness, is there a reason they think the world needs to be based on "fairness"?
i think that pretty much sums up how it is in the real world .
another example, if I walked into a room, and randomly gave out $1,$5,$10,$100 etc. is it unfair because you didn't get the $100 instead of the $1? but it wasn't your money to begin with, why should you decide how "fair" I should be when I give it out?
this is what I think people don't realize when they complain about jobs. you aren't there to hold out your hand and hope for a good lottery draw. what you can offer impacts what someone is willing to give to you
what people should want most is not to be excluded, not that they didn't get the same as everyone else
"fairness" is not real, even from your own home, do you eat the exact same amount as your family members? if not, why do you not force feed the toddler the same amount as the adult so the kid can get the same fair amount? or withhold food from the adult so he isn't getting an unfair amount?
it's laughable that the people who cry income inequality talk about fairness, is there a reason they think the world needs to be based on "fairness"?
What's laughable is assuming that everyone earns what they should based on their contribution - that this is based on merit? People who are routinely overlooked realize we don't live in a meritocracy and that some can be smart and work very hard and make little.
What's laughable is not understanding that in your own home I hope everyone eats the amount that they NEED.
A small number of estates, yes, but not a small amount of money. And in my mind it's not so much about the taxes that could be raised, but rather a way to encourage wealthy people to do something constructive with their money while they are alive. Tackle the eradication of a disease, space travel, energy efficiency, etc. Corporations today are less willing to do fundamental research than in the past, and this could be a way to encourage that sort of effort without getting governments directly involved.
Inherited money will more likely be spent on vacations, expensive cars, estates costing 8 or 9 figures, etc.
People do 'do things' with their money.
Very few people hoard cash in mason jars buried in their back yards. Most money is invested. Today banks are paying nada so only fools keep large sums in a savings account.
If your money is in stocks, it is active in the economy. It is building factories, hiring employees, and more.
The problem of why inherited estates diminish is that those estates are in 401[K]s. The heirs could leave the money invested and live on the dividends, but they dont. They want to spend it.
Just like a lottery winner. Lottery winners could invest their winnings, and establish a large holding, but they never do, they spend it until it is all gone.
As for the economy, even if it is all spent on vacations, cars, boose and loose women, it is still energizing the economy. Someone had to build that car, Even in Tahiti someone had to clean the vacation suite.
Out of curiosity, has anyone who has already posted on this thread actually watched the video in the original post from start to finish? It is a fairly short video, just a few minutes long.
Last edited by txbullsfan; 12-21-2017 at 09:46 AM..
Has anyone here actually watched the video in the original post from start to finish?
No. And I'm not going to.
Solving human inequality in itself is not a passion of mine.
If this were a conversation and if that was a video about climate change and environmental degradation (which has a LOT to do with inequality... inter -and intra- species inequality) then you *might* have my captivated attention.
Solving human inequality in itself is not a passion of mine.
If this were a conversation and if that was a video about climate change and environmental degradation (which has a LOT to do with inequality... inter -and intra- species inequality) then you *might* have my captivated attention.
So you want to post multiple times on a thread that has not "captivated your attention" and you are not willing to read/review all the information (at the very least the short video) that was previously presented in this thread before doing so?
I have a hunch that most of those who have replied here are in the same boat as you in this regard. I hope that this is a misguided hunch.
I get it that a lot of people are up in arms about this topic.
How is it "negatively affecting" you?
I have friends who have been protesting this new tax bill. I have looked at two different online tax calculators, and both of them say that my tax obligations will go down. So I have asked some of my protesting friends, if this new bill will hurt them in some manner. So far I have not isolated anyone of them, who will actually be 'hurt' in any context.
Yes, there are rich people. And there are poor people. I am a retiree, my pension is roughly equal to [the old] Minimum-Wage. I make more than enough to support my family. But by all indexes I am 'poor'.
I am not saying this to 'defend' any rich people. But I must ask
how does this "negatively affect" you?
I really want to wrap my mind around the protest.
I guess I try to look beyond my own personal interests. My taxes might be 1% lower THIS year - that doesn't mean throughout the period that the tax bill covers. Others will see far more difference - the "ultrarich".
Regardless of this year's or next year's outcome, what is the bigger impact - now the door is wide open to decimate what is left of our social safety net by cutting those programs to pay for government's gift to the ultrarich.
I guess I benefit little from the tax change in terms of money in my pocket OR from loss of aid from one of those programs (unless we're also talking SS or future Medicare) - but I still care a whole lot what happens to the weakest among us.
Very few people hoard cash in mason jars buried in their back yards. Most money is invested. Today banks are paying nada so only fools keep large sums in a savings account.
If your money is in stocks, it is active in the economy. It is building factories, hiring employees, and more.
The problem of why inherited estates diminish is that those estates are in 401[K]s. The heirs could leave the money invested and live on the dividends, but they dont. They want to spend it.
Just like a lottery winner. Lottery winners could invest their winnings, and establish a large holding, but they never do, they spend it until it is all gone.
As for the economy, even if it is all spent on vacations, cars, boose and loose women, it is still energizing the economy. Someone had to build that car, Even in Tahiti someone had to clean the vacation suite.
Well, yes, the money "goes into the economy". But big estates and yachts really don't do very much. These are people who have enough money to potentially change the world.
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