Morality of Wealth Redistribution

[bripat9643]

Every nation has a method for redistributing the wealth, and how that wealth is redistributed helps determine what type of nation one has. For example, to have a democracy depends on large part on having a middle class, and having a middle class can depend on large part on how the nation's wealth is distributed.

Of course, the government of every nation is nothing more than an organized criminal gang. All you've said is that all criminals steal.

We already knew that.

 

[1776]

Most liberals are on welfare or believe someday they will end up on welfare, thus they support stealing from others to support them.

 

[Rozman]

Wait till Lizzie gets in the WH....
Her first speech will be "You think you earned that"....

 

[Toddsterpatriot]

Mexico has the very rich and the very poor. We're headed in that direction.
The richest man in the world is Mexican.

There's a few Africa nations that follow the conservative economic system.

Low taxes, limited regulations and small government are followed in which African nations?

 

[dblack]

Like how the government subsidizes the oil companies? They receive money they didn't earn. Let's give that money back to the people who earned it: the taxpayers.

Hell yes. And the simplest way to do that is to quite taking it from them in the first place.

 

[MikeK]

What's your opinion on the morality of taking money from those who earned it and giving it to people who haven't? Not talking about people who cannot earn their own money but rather those who choose not to. And can you recommend any books or writings on the subject?

Seems to me basic self worth is at least in part a reflection on your independence. Or at least contributing something, your own labor or time to your family or community. This country does not like freeloaders, and while there is a certain amount of leeway in tough times like we're in now, at some point opinions change.

So are we morally right to redistribute somebody else's wealth or deny people support in an effort to incentivize them to be more productive members of society?

I like to approach this topic with three questions:


How much do you earn?

How much does (did) your father earn?

How does one go about "earning" ten billion dollars? How about fifty billion?


The concept of morality becomes very relevant as we explore the issues prompted by these simple questions.

 

[dnsmith35]

What the super rich are doing with taking all the resources out of the economy is THEFT!

Horse puckey! When I see people whining and crying over what the rich make, I know they do not understand economics and the various engines which drive the economy.The wealth of our economy is not finite. Individual wealth can be increased without regard to the super rich. That is proved by the fact that the turn over in the top 1% is 98% every decade. The 1% DOES NOT DISTRACT from the income potential of the less wealthy. Don't blame the 1% for America?s pay gap - Fortune Other than those who are incapable of working, anyone making the right choices about education, has the right motivation, incentive and ambition can improve his wealth in spite to the 1%

He said "with taking all of the resources out of the economy is theft"....

I'm not certain what he means by resources...but I didn't take it as him crying a river about what rich people "make" as you seemed to automatically assume?

It doesn't matter what he meant. But one person can actually consume only so much "resource". His comment only makes sense if he means economic resources, ie MONEY, and when they spend on consumer goods they create jobs.

Another way to put it, it doesn't matter what resources he "takes" since it does not distract from the less wealthy.

 

[Listening]

GE paid no taxes last year.

The super rich had their rate cut from 26% in 1990 to 17% today.

45% of Americans pay no federal income tax.

We don't have a spending problem, we have a tax problem.

You've got a bigger problem.

Your head is stuck squarely up your ass.

 

[Listening]

What's your opinion on the morality of taking money from those who earned it and giving it to people who haven't? Not talking about people who cannot earn their own money but rather those who choose not to. And can you recommend any books or writings on the subject?

Seems to me basic self worth is at least in part a reflection on your independence. Or at least contributing something, your own labor or time to your family or community. This country does not like freeloaders, and while there is a certain amount of leeway in tough times like we're in now, at some point opinions change.

So are we morally right to redistribute somebody else's wealth or deny people support in an effort to incentivize them to be more productive members of society?

I like to approach this topic with three questions:


How much do you earn?

How much does (did) your father earn?

How does one go about "earning" ten billion dollars? How about fifty billion?


The concept of morality becomes very relevant as we explore the issues prompted by these simple questions.

"Concept of morality" ?

Really ?

 

[alan1]

What's your opinion on the morality of taking money from those who earned it and giving it to people who haven't? Not talking about people who cannot earn their own money but rather those who choose not to. And can you recommend any books or writings on the subject?

Seems to me basic self worth is at least in part a reflection on your independence. Or at least contributing something, your own labor or time to your family or community. This country does not like freeloaders, and while there is a certain amount of leeway in tough times like we're in now, at some point opinions change.

So are we morally right to redistribute somebody else's wealth or deny people support in an effort to incentivize them to be more productive members of society?

I like to approach this topic with three questions:


How much do you earn?

How much does (did) your father earn?

How does one go about "earning" ten billion dollars? How about fifty billion?


The concept of morality becomes very relevant as we explore the issues prompted by these simple questions.

I'm pretty sure that how much I earn is in no way related to the morals of my adult offspring.
Just saying.

 

[1776]

Why are liberals/socialists worried about what other people make???

 

[Dad2three]

What's your opinion on the morality of taking money from those who earned it and giving it to people who haven't? Not talking about people who cannot earn their own money but rather those who choose not to. And can you recommend any books or writings on the subject?

Seems to me basic self worth is at least in part a reflection on your independence. Or at least contributing something, your own labor or time to your family or community. This country does not like freeloaders, and while there is a certain amount of leeway in tough times like we're in now, at some point opinions change.

So are we morally right to redistribute somebody else's wealth or deny people support in an effort to incentivize them to be more productive members of society?

Contrary to "Entitlement Society" Rhetoric, Over Nine-Tenths of Entitlement Benefits Go to Elderly, Disabled, or Working Households


Moreover, the vast bulk of that 9 percent goes for medical care, unemployment insurance benefits (which individuals must have a significant work history to receive), Social Security survivor benefits for the children and spouses of deceased workers, and Social Security benefits for retirees between ages 62 and 64. Seven out of the 9 percentage points go for one of these four purposes.


Contrary to "Entitlement Society" Rhetoric, Over Nine-Tenths of Entitlement Benefits Go to Elderly, Disabled, or Working Households ? Center on Budget and Policy Priorities


80% of the population owns 5% of the wealth.

Who Rules America: Wealth, Income, and Power

The middle class has been eviscerated.


As the rich get richer and store more of their loot off shore and out of the nation's economy


Non-Partisan Congressional Tax Report Debunks Core Conservative Economic Theory

The conclusion?

Lowering the tax rates on the wealthy and top earners in America do not appear to have any impact on the nation’s economic growth.

This paragraph from the report says it all—

“The reduction in the top tax rates appears to be uncorrelated with saving, investment and productivity growth. The top tax rates appear to have little or no relation to the size of the economic pie. However, the top tax rate reductions appear to be associated with the increasing concentration of income at the top of the income distribution.”

Non-Partisan Congressional Tax Report Debunks Core Conservative Economic Theory-GOP Suppresses Study - Forbes

The whole reason democracy was invented as a means to make the rich and powerful give up their stranglehold on wealth and power. Of course they don't believe in democracy, they see it is an upstart insurgency of the rabble upsetting the balance of nature where rich white males rule as they were meant to.

 

[Dad2three]

Why are liberals/socialists worried about what other people make???

The conclusion?

Lowering the tax rates on the wealthy and top earners in America do not appear to have any impact on the nation’s economic growth.

This paragraph from the report says it all—

“The reduction in the top tax rates appears to be uncorrelated with saving, investment and productivity growth. The top tax rates appear to have little or no relation to the size of the economic pie. However, the top tax rate reductions appear to be associated with the increasing concentration of income at the top of the income distribution.”


Non-Partisan Congressional Tax Report Debunks Core Conservative Economic Theory-GOP Suppresses Study - Forbes

 

[alan1]

Why are liberals/socialists worried about what other people make???

The conclusion?

Lowering the tax rates on the wealthy and top earners in America do not appear to have any impact on the nation’s economic growth.

This paragraph from the report says it all—

“The reduction in the top tax rates appears to be uncorrelated with saving, investment and productivity growth. The top tax rates appear to have little or no relation to the size of the economic pie. However, the top tax rate reductions appear to be associated with the increasing concentration of income at the top of the income distribution.”


Non-Partisan Congressional Tax Report Debunks Core Conservative Economic Theory-GOP Suppresses Study - Forbes

How about if we make everybody pay the exact same tax rate (percentage) and see what happens.
Or do you think some people should be fucked over simply because they make more money than you?

 

[HenryBHough]

How much my father earns vs. how much I earn.

Interesting question.

I earn about 7 times what my father earned at the time he bought his first house.

The house he bought for $4,100. Today it's on the market for $398,000.

So everything's beautiful in terms of income vs. inflatabucks?

 

[Dad2three]

Why are liberals/socialists worried about what other people make???

The conclusion?

Lowering the tax rates on the wealthy and top earners in America do not appear to have any impact on the nation’s economic growth.

This paragraph from the report says it all—

“The reduction in the top tax rates appears to be uncorrelated with saving, investment and productivity growth. The top tax rates appear to have little or no relation to the size of the economic pie. However, the top tax rate reductions appear to be associated with the increasing concentration of income at the top of the income distribution.”


Non-Partisan Congressional Tax Report Debunks Core Conservative Economic Theory-GOP Suppresses Study - Forbes

How about if we make everybody pay the exact same tax rate (percentage) and see what happens.
Or do you think some people should be fucked over simply because they make more money than you?

It's called PROGRESSIVE TAXATION!!!


Poor Americans Pay Double The State, Local Tax Rates Of Top One Percent

Total U.S. taxes are barely progressive, as shown in this table and chart from Citizens for Tax Justice. The bottom 99 percent pays a 27.5 percent total tax rate on average, while the top 1 percent pays an average 29 percent tax rate, according to 2011 data from Citizens for Tax Justice.


Poor Americans Pay Double The State, Local Tax Rates Of Top One Percent

The share of total taxes paid by each income group is similar to that group’s share of total income.

• The share of total taxes paid by the richest one percent (21.6 percent) is almost identical to that group’s share of total income (21.0 percent).

• The total effective tax rate for the richest one percent (29.0 percent) is only about four percentage points higher than the total effective tax rate for the middle fifth of taxpayers (25.2 percent)

Who Pays Taxes in America? | CTJReports

"The only orthodox object of the institution of government is to secure the greatest degree of happiness possible to the general mass of those associated under it."

Thomas Jefferson

 

[dnsmith35]

What's your opinion on the morality of taking money from those who earned it and giving it to people who haven't? Not talking about people who cannot earn their own money but rather those who choose not to. And can you recommend any books or writings on the subject?

Seems to me basic self worth is at least in part a reflection on your independence. Or at least contributing something, your own labor or time to your family or community. This country does not like freeloaders, and while there is a certain amount of leeway in tough times like we're in now, at some point opinions change.

So are we morally right to redistribute somebody else's wealth or deny people support in an effort to incentivize them to be more productive members of society?

I like to approach this topic with three questions:


How much do you earn?

Over twice as much as my father did.

How much does (did) your father earn?[/quote]Less than half of what I make.

How does one go about "earning" ten billion dollars? How about fifty billion?

I will answer that one with a link to an article discussing studies: Don?t blame the 1% for America?s pay gap - Fortune


The concept of morality becomes very relevant as we explore the issues prompted by these simple questions.[/QUOTE]Thus far I see nothing about your questions that relate to morality; success and failure? Yes! Morality? No!

 

[PoliticalChic]

Like how the government subsidizes the oil companies? They receive money they didn't earn. Let's give that money back to the people who earned it: the taxpayers.

Stop having donor states give the taxpayer's money to states that receive it. In my state we give some of our hard earned tax dollars to other states, who haven't earned it.

Anybody who doesn't support these two things, isn't really serious about being against the redistribution of wealth.

Are you proud to identify yourself as a moron?


1. Should we go after the owners of Exxon with pitchforks an firebrands?
Better not, after all they is us! “Exxon Mobil, in fact, is owned mostly by ordinary Americans. Mutual funds, index funds and pension funds (including union pension funds) own about 52 percent of Exxon Mobil’s shares. Individual shareholders, about two million or so, own almost all the rest. The pooh-bahs who run Exxon own less than 1 percent of the company.”
http://www.nytimes.com/2008/03/02/business/02every.html



2. And, of course, the antibusiness crowd loves stories about how much Big Oil is stealing from the American people! On the contrary, in 2006, the oil industry paid $81 billion in income tax, and while Exxon’s earnings increased 89% from 2003 to 2007, their income taxes increased 170%. Businessweek - Business News, Stock market & Financial Advice


3. The non-thinking segment of the public has been conditioned to hate the oil industry. Very few realize the extent to which they are subsidized by this industry.
“According to the [Exxon] company's income statement, the amount of taxes it paid in 2008 was 2.5 times as much as its net profit. The $45.2 billion profit figure makes a snappy headline, but the $116.2 billion in taxes that it paid is relegated to a footnote—if that. Exxon's tax bill breaks down like this: income taxes, $36.5 billion; sales-based taxes, $34.5 billion; "all other" taxes, $45.2 billion.” Exxon, Big Oil Profits Evil Only Until You Weigh Their Tax Bills - US News


If Exxon’s 2008 tax bill of $116.2 billion were split equally among all tax filers who pay income tax, each filer’s share would be $1,259/year. Still hate Exxon? Number of Americans Paying Zero Federal Income Tax Grows to 43.4 Million | Tax Foundation



4. " Taxation Hero: ExxonMobil Pays $3 In Taxes For Every $1 In Profit" Taxation Hero: ExxonMobil Pays $3 In Taxes For Every $1 In Profit - Forbes




No doubt you are the product of government schooling.

 

[MikeK]

"Concept of morality" ?

Really ?

Yes. In other words, the difference between basic right and wrong.

 

[1776]

...and you're full of shit.

1) The rich pay the majority of taxes in this country, so whining about their tax rate is ludicrous.

2) Rich people will invest their money into the economy which creates jobs. Poor people can't create jobs with their minimal contribution to the economy via welfare and food stamps.

Someone like me with a BA in Economics and MBA get sick of you bed-wetting scum talking out your ass on subjects you are clueless about.

Why are liberals/socialists worried about what other people make???

The conclusion?

Lowering the tax rates on the wealthy and top earners in America do not appear to have any impact on the nation’s economic growth.

This paragraph from the report says it all—

“The reduction in the top tax rates appears to be uncorrelated with saving, investment and productivity growth. The top tax rates appear to have little or no relation to the size of the economic pie. However, the top tax rate reductions appear to be associated with the increasing concentration of income at the top of the income distribution.”


Non-Partisan Congressional Tax Report Debunks Core Conservative Economic Theory-GOP Suppresses Study - Forbes