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De Leonist

(225 posts)
Wed Jan 22, 2014, 12:43 PM Jan 2014

Is Taxing the Rich really the answer ? (WARNING:RANT)

Despite the title of this thread I'm not against the idea. But I think a progressive tax system should be something temporary. Republicans support what we call trickle down economics. Democrats seem to favor a more push down approach. As Syndicalist I'm more for what I'd call a Pull down economic approach. Instead of a permanent progressive tax system I see it as simply a tool to rectify the mass poverty so that we as a nation start can tackling the question should we even allow people to make millions or billions of dollars a year. Some might say well they produced that wealth so it's theirs. I call Bullshit, that whole line of reasoning is rooted in some vision of pseudo-meritocracy. I say pseudo because lets be honest here. The ability of a human to come up with a semi-objective system on a scale as large as the economy is lacking. I think we'd be better off with in the long run with more economic democracy. The fact that you can spend years, decades of your life in a given organization and have no real say in how it's run is pure kofka. In fact I'd even go so far as to say that it's Democracy that protects us from capitalism.

Capping CEO pay, along with a largely Unionized populace and much smaller gaps in income between the socio-economic classes within our society would probably produce far more positives than a progressive tax system, again in the long run. No system is perfect. Personally I'm willing to live with out the possibility of ever earning insane amounts of cash while living in a society where poverty is drastically lowered and with it our violent crime rate. With this a progressive tax system would not be necessary. Since with income spread out more evenly everyone would be paying rates that aren't that dissimilar. Also, a limiting just how big a given company can become would work wonders for people who want to be self-employed.

I know, I know right..Pure Heresy

Lastly, just to get this off my chest. Conservatism and the Business Sector in General are fucking poison. IMNSHO, anyone who honestly thinks a consumerist model of market economics is doable in the long run on a plant with finite natural resources and an expanding population is deluded. We can have a planet where the majority of what is here now is there in the future or can we have all the toys we want with a planet that is environmentally devastated. Personally I choose the former because unlike many I don't believe we have right to essentially kill off untold numbers of species that took literally billions of years to evolve into existence just so 7 billion less hairy apes can all have XBOXes and large flat screen TVs. We need to start living simply. Which is not compatible with consumerism. As this will result in less demand and less jobs.

BUT BUT BUT AMERICA , FREE MARKET, COMMUNIST!

Yeah right, I don't think Republicans and even many Democrats would know a socialist if Rosa Luxemburg queefed in their faces.

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Is Taxing the Rich really the answer ? (WARNING:RANT) (Original Post) De Leonist Jan 2014 OP
Let's ask Willie Sutton rock Jan 2014 #1
Since 80 people have half the wealth..... Uben Jan 2014 #2

Uben

(7,719 posts)
2. Since 80 people have half the wealth.....
Wed Jan 22, 2014, 12:57 PM
Jan 2014

..I propose a much easier solution. The top three persons with the most wealth at the end of the year has to forfeit half of it....proceeds going to the poorest
Then we'd see just how many want to be among the wealthiest. Its not as far-fetched as it sounds. What's the difference in someone having 500 billion and 250 billion? Eventually, the wealth would be re-distributed, and those who forfeited the money would never really even feel it.

(P.S. Please send Nobel Prize to Uben Scrude)

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