TRFjr
VIP Member
- Oct 24, 2013
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Question why does a income gap need to be closed to bring people out of poverty?
Income inequality is a hollow rhetoric that its only purpose is to promote class warfare and income redistribution
Wealth is not finite it can be created there is not one pie that needs to be divided evenly
I will give an example how income inequality is a failed argument
lets say the poverty level is 20,000 per year. you have an individual who makes 15k a year and you want to bring him out of poverty. You have another individual who makes 100k a years so you have a 85k a year income gap between the two. Here is the question
is it better to take 10k from the 100k a year individual and give it to the 15k a year individual there for bring him out of poverty and establishing a 65k income gap, or is it better for the 15k a year individual create his own wealth and make 10k more a year to bring him up to 25k.
According to using a closure of a income gap as a measure of success it is best to take away from the 100k a year individual then to have the 15k individual create his own wealth because you would have an income gap of 65K instead of the 75k that you would have if he created his own wealth
You see why Income inequality/income gap is a hollow rhetoric a useless statistic that does nothing but create class envy and warfare
Income inequality is a hollow rhetoric that its only purpose is to promote class warfare and income redistribution
Wealth is not finite it can be created there is not one pie that needs to be divided evenly
I will give an example how income inequality is a failed argument
lets say the poverty level is 20,000 per year. you have an individual who makes 15k a year and you want to bring him out of poverty. You have another individual who makes 100k a years so you have a 85k a year income gap between the two. Here is the question
is it better to take 10k from the 100k a year individual and give it to the 15k a year individual there for bring him out of poverty and establishing a 65k income gap, or is it better for the 15k a year individual create his own wealth and make 10k more a year to bring him up to 25k.
According to using a closure of a income gap as a measure of success it is best to take away from the 100k a year individual then to have the 15k individual create his own wealth because you would have an income gap of 65K instead of the 75k that you would have if he created his own wealth
You see why Income inequality/income gap is a hollow rhetoric a useless statistic that does nothing but create class envy and warfare