Problem with that is an example of people like Paris Hilton or others who are insanely rich. Mind you, they don’t even have to pay much tax because their team of lawyers and accountants can find every loophole in the book to get out of it. Many of these people have made fortunes off exploiting others.
If anyone is going to bring up the idea of the “trickle down effect” it simply doesn’t work, particularly now most of the jobs that would be created by that are now in China.
Who’s to say that Mr.X here deserves no benefits or support simply because he never had the opportunity to get the education to have the high paying job Mr.Y has.
The tendency for poor to stay poor and rich to stay rich over many generations is very real, so there is little to no incentive for the poor to work. Pay is also not performance based, some may work very hard and get little pay for the benefits they give to the community - look at CEOs as compared to nurses - who contributes more to the well-being of society? yet who gets paid grossly more?
I don’t like the idea of taxing the middle class or even upper middle class highly, but if you consider the benefits say $1mil gives to a multi-millionaire as compared to the benefits it gives to an impoverished family it is overwhelming. Even low levels of tax should help provide basic living conditions for the poor.
If you’re talking about the “free rider effect” one of the reasons that happens is because paying out insurance benefits is much easier than trying to solve the root of the problem by funding better schools or parenting support, therefore the government does it the easiest way.
Plus if some of the massive amount of tax revenue spent on wars ($200bil p.a.) and handouts to incompetent banks ($700bil) was spent elsewhere… but that’s another argument for a different day…
I don’t know the ins and outs of this, but as a whole, I’d say that it’s not a very good idea, and probably won’t work well. There are reasons why some people earn more money than others- because their skills are worth more, because they are more highly trained, and so on.
Para-1
With today’s lawyers anything is possible…like saying a murder was not really a murder becuase the man was unaware of what he was doing. It is a sad thing.
Para-3 You know if Mr. X worked hard and tried with all his might to get an income he would have money to pay for an education. What has happened is that the government will pay that person becuase he needs money. This only teaches lazyness and the idea that the person doesn’t have to work. Get rid of social security…except for seniors and people who absolutely cannot work. My grandfather gets social security but he barely works and is in really good shape…he doesn’t work! Its sorta a disgrace to me.
Para-4 I don’t think CEO’s are really popular at the moment…try Presidents of baseball Companies…plus nurses are people who want to help people you can’t get much more socioly invovled then that. Try comparing The home-business owner versus the President of a auto store…do they both work hard?
Para-5 Just lower the taxes for the people who pay taxes!
Para-7 If you want an example of wasted money just look at the bailout package…800 Bill dollers to little organizations and oh yeah to the economy.
We paid some 20 Mill to wooden arrow factory in Phili??? WHY???
We almost paid 100 Mill or so to ACORN?? Why??
Al-Bob Yeah, what I’m saying is redistribution of income works if you tax people to provide adequate social capital for everyone plus the formation of groups that can give out grants and support to those who are actually willing to work and benefits to those who can’t work. Remember, economic conditions and other factors can affect why a person can’t work so it isn’t all down to just being lazy. Redistribution of income is good but how the government does it now is pretty inefficient.
Because you didn’t respond I’m thinking you agree with paragraphs 2, 6 and the beginning of 4.