Posted by toddcommish on 6/6/2014 4:39:00 PM (view original):
Posted by bad_luck on 6/6/2014 4:10:00 PM (view original):
Posted by toddcommish on 6/6/2014 4:01:00 PM (view original):
Clearly, handouts to the poor AREN'T helping solve the core problem, which depending on your point of view... is either lack of marketable skills or lack of opportunity to learn those skills (or lack of work ethic).
I'd be very interested to hear if there is a solution that does NOT involve simply giving away money to people who don't work and have no skills. Besides my solution, that is...
I'd like to see public policy adjusted so that less wealth is accumulated at the top. I'd like labor laws to be strengthened in favor of labor, including laws to strengthen unions.
I'd like to see the education system reformed so that the difference between good and bad public schools is smaller.
I'd like to see improvements in housing and child care subsidies.
Why not let the hard-working KEEP their riches? I'm in favor of cutting back on inherited wealth, but why are you so set on penalizing those that work hard (and/or smart) and succeed?
Your way basically says "If you're poor, the best you can hope for is middle class, because if you make it to upper class, we're taking it all back." WHICH IS ******* STUPID.
Unions favor the lazy and the stupid, so it makes sense that you would encourage them.
Who's arguing to take it all away? We all agree that a 0% tax rate won't work, right? And we all agree that a 100% tax rate won't work either, right? The right number is somewhere in between. Whether the top rate is 30% or 38% or 50%, no one is being punished for working hard.
And it isn't just taxes. Public policy affects how money moves through the economy, things like wages laws, intellectual property rights, internet broadband laws, SEC rules, etc., can all be used to concentrate wealth, raise barriers to entry, and reduce competition.