[citation][nom]Silmarunya[/nom]You make redistribution of wealth sounds like a bad thing, while it's the cornerstone of a welfare state...Nobody expects Jobs to give everything away. But imagine this: you make a few million dollars a year. Your neighbour is ill, can't work and can't pay his bills. If you were to give him, say, 1k dollars, he could lead a life above the poverty limit. Not far above, but still liveable. You on the other hand wouldn't even notice it. That's redistribution at its best: take from those who can afford to give, give to those who need it.Nobody expects a working class person to support the poor, but it's reasonable for a millionaire to do so. Nobody expects a lazy ass that never did something productive in his life to be supported. But is it wrong to transfer money from the super rich to the disabled, elderly, poor and other groups of people who would otherwise be dangerously close to the poverty line?And how would that fundamentally transform society? The rich remain rich, so no change. The middle class doesn't receive or gives a lot in this model, so no change. The poor remain rather poor, they'll just be able to pay their bills and feed their children. Not a fundamental change, rather an incremental one.Also, redistribution of wealth supports the economy. A rich person can only buy so much before he has everything he desires. The remaining money is not spent and thus doesn't stimulate the economy (unless perhaps through capital investment). A poor person will spend every additional dollar he has on health care, food, basic appliances,... Because of that, this money will directly stimulate the economy. In turn, a growing economy provides jobs and lifts the poor out of poverty. These people won't need redistribution of wealth anymore, on the contrary they'll pay taxes, thus reducing government deficit. It's a win win situation!(Before someone mentions this doesn't belong in a tech forum, he's right. But if the person above can post political comments, so can I)[/citation]
I can sort of understand the tax the rich philosophy but there's a HUGE flaw in the current setup. Right now, raised taxes affect families that make a quarter million a year quite heavily. Now that may sound like a lot, but that really just translates to two parents with good jobs working hard.
In the case of my family, there were three of us in college at the same time for a while there and while that alone may not criple a family, car payments, mortgage, state and federal taxes and basic necessities add up very quickly.
We are an upper middle class family but we are getting taxed as if we have excess income. We don't.
Fix that flaw, and I might agree with you. The actually rich might very well be able to spare a few thousand. Then again, there are so few actually rich people with large amounts of disposable income that taxing them anything less than 50% is worthless. And frankly, I don't want to live in a country that taxes anyone 50% of their income. Even if they had buffer, 50% is too much, it isn't a tax at that point it's robbery.