Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Location: Live:Downtown Phoenix, AZ/Work:Greater Los Angeles, CA
27,606 posts, read 14,610,214 times
Reputation: 9169
Advertisements
Quote:
Originally Posted by FatBob96
The you/me part of the question was rhetorical.
What make anyone "deserving" of receiving money taken from someone else?
First of all, it's not taken, because taxes aren't theft. And second, redistribution is the only way to fix massive inequality. Laissez-faire Capitalism unchecked just makes it worse and worse, and eventually turns out like a game of monopoly, with one winner and everyone else a loser. Then, you end up with neo-feudalism
There are a lot of charities that have a less than 30% figure
Quite simply... Don't donate to them.
As already mentioned, charities have to compete for donations as donors are actually giving away mostly their own money. A tax deduction for a charitable donation is not a 1 to 1 tax credit. If one's effective tax rate is 25%, for example, the tax savings on that $5,000 donation is only $1,250. $3,750 of that donation, the vast majority, is a direct out of pocket cost to the donor.
It's easy to do, you set up a charity with a relative of yours as the administrator, and give them a high salary, which they don't actually collect themselves, but direct deposit it into a bank account which you own. Viola, money laundered
And go straight to jail, and don't pass go.
I was on the board of a major charity for many years. There are many rules and regulations surrounding them, and this breaks all of them.
It's kind of disgusting that you would tarnish so many worthwhile causes by comparing them to fraud schemes.
Face it, you want to think that wealthy people cant do anything good and selfless, so anything they do that might seem to benefit society, you turn it into something ugly and criminal.
That is not the real world. Most people who give to charity do so because they believe in a cause and want to do something to give back. You use the fact that there is a tax deduction, as a weapon in your arsenal against "the evil rich", when really, all the tax deduction does is encourage people to give more than they would feel comfortable doing if the money was taxed by the government.
First of all, it's not taken, because taxes aren't theft. And second, redistribution is the only way to fix massive inequality. Laissez-faire Capitalism unchecked just makes it worse and worse, and eventually turns out like a game of monopoly, with one winner and everyone else a loser. Then, you end up with neo-feudalism
That is exactly why the US should adopt a Euro-style regressive tax system. European countries are far more effective at redistribution than the US. As already noted in the research cited in the WaPo article I linked earlier:
Pay close attention to whatthe scatter plot chart at that link tells us... Note that the highest levels of redistribution including national health care are provided by countries (Sweden, Denmark, Finland, Belgium) in which taxes are flat (everyone pays the same tax rate) or regressive (shown as the negative values along the bottom axis, meaning a greater tax burden is placed on those with lower incomes). And note where the USA falls on the graph. The USA has the most progressive tax system and therefore is least able to fund things like national health care because the US tax base is too narrow and overly dependent on the top.
First of all, it's not taken, because taxes aren't theft. And second, redistribution is the only way to fix massive inequality. Laissez-faire Capitalism unchecked just makes it worse and worse, and eventually turns out like a game of monopoly, with one winner and everyone else a loser. Then, you end up with neo-feudalism
Very few markets can sustain a monopoly long-term when left unregulated.
Like I said, redistribute your own money. I'm going to keep as much of it as possible for myself.
Why does the left always want to redistribute other people's money?
The majority of charity funds go to the salaries of those who administer the funds, less than 30% of the money actually goes to the causes. It's basically money laundering
I don't have any information that would prove or disprove your assertion here, but.....
You could easily say the same thing about taxation.
Charity ceases to be charity when it ceases to be voluntary.
There is no nobility in robbing Peter to pay Paul, no matter how rich Peter is or how "deserving" you think Paul may be.
Location: Live:Downtown Phoenix, AZ/Work:Greater Los Angeles, CA
27,606 posts, read 14,610,214 times
Reputation: 9169
Quote:
Originally Posted by FatBob96
I don't have any information that would prove or disprove your assertion here, but.....
You could easily say the same thing about taxation.
Charity ceases to be charity when it ceases to be voluntary.
There is no nobility in robbing Peter to pay Paul, no matter how rich Peter is or how "deserving" you think Paul may be.
Look, not enough people donate to charity, so it could never be the sole funder of social programs. And it's because of the scarcity mentality that we all have. The vast majority of Americans don't have enough disposable income to donate to charity without it hurting their own quality of life. That's reality. So you have to do compulsory taxation to get the necessary money
This dichotomy has been consistent for years and years and years. It's why Dems are always promising so much in hand-outs and freebies. They know their voter base is largely incapable of supporting themselves.
This dichotomy has been consistent for years and years and years. It's why Dems are always promising so much in hand-outs and freebies. They know their voter base is largely incapable of supporting themselves.
I earn almost twice that $50k figure and I'm a Democrat, so there goes your poll, whoops
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
