Quote:
Originally Posted by stephencp  KarmaPolice,
But who gets to decide HOW we "redistribute" the wealth (i.e. who get what) and then how do we hand it out? Do you trust a faceless gov't of bureaucrats to do this well? I'd rather rely on churches and other charities and families.
Stephen |
The proposed system is tax the rich more and the poor less.
Quote:
|
Actually, the strength of an economy depends on the movement of its currency. Many, many rich people move their money very effectively, but nobody can move a buck like the spend-happy lower-mid class. (I know, I'm there. )
|
Why isn't the middle class also able to move their bucks like the lower middle class?
Why are the rich people able to move their bucks better than the middle class but not better than the lower middle class?
Quote:
|
Estate tax: Personally, I think that there should be zero estate tax. Reason? I earned the money. I paid the taxes on it. Why should my child have to pay taxes on it as well?
|
The right question is: "Why should some people who have rich parents get money without working for it?"
The estage Tax is some sort of compromise, you get something which you didn't earn but not as much as when you would get the whole heritage.
Quote:
|
Someone pointed out that minimum wage workers should be working on new skills and that they aren't currently bringing much to the marketplace. But remember, not everyone wants the same things; maybe they just aren't interested in benefitting the marketplace anymore than the minimum requires them to in order to support themselves.
|
Then they should get the skills that allow them do get the minimum requires.
There would be other possibilities like combined wages to ensure that the poor have enough money for the daily need and you still have a dynamic marktet.