[quote]hspder wrote:
reddog6376 wrote:
Like how much more? The rich should pay 50+% of their income in taxes, while the poor pay -10% of their income? How does punishing the achievers help anything?
I’m really tired of that Right-Wing BS.
I won’t waste too much time on this, other than saying:
a) The rich do NOT pay 50+% of their income in taxes – you have no idea how rampant tax evasion is
and
b) Most rich people are not “achievers”. The overwhelming majority either inherited the money, are career criminals, are slave drivers, or amassed their fortune at the expense of society as a whole through pyramid schemes (aka speculators). Not all of them of course, but the overwhelming majority (about 95% according to the latest numbers I have) is part of one of those groups.
Most “achievers” find themselves in the upper middle class, they never really become very rich.
There’s another thing that one of the superb articles above touches that is fundamental: the consumers – the people that make the economy work – and the people that actually add value by performing the actual work – are usually in the middle and lower classes. Rich people usually take a LOT more out of the economy – literally, because a huge part of their money is put outside the US, to escape taxes and other “problems”, and another part is used to fuel speculation – than what they put in. That’s how they become… rich: by taking a lot more than what they put in. The people that make the money machine move, and help it create wealth are usually the ones that end up with little or no money.
Actually, a friend and colleague of mine has once in a conference proved that rich people drive inflation almost all (about 80% of it) by themselves in modern US economy.
Make no mistake: very rich people leech the economy, and the only positive purpose they serve is to give people like you the illusion you can become rich too. Which is a purpose that is fundamental, mind you (I’m no Bolshevik!)-- the trick is to allow them to serve that purpose but, at the same time, curb their leeching of the economy.[/quote]
who are you consulting for? A group pursuing Marxism? Yes you may be a Bolshevik!
How do you account for self-made men or do they not fit into your reality.
Sorry this is really funny to me…and don’t worry you aren’t able to pull rank on me so save the self marketing.