Morality of Wealth Redistribution

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

Just saying.
That part is true. But how about the third question, which you've ignored.

Considering how you earned your living, and/or how your father earned his. How does one go about "earning" fifty billion dollars?

When we consider the emergence of the 1% vs the 99% within the past three decades of "Reaganomics," would you argue the concept of morality does not arise?

For one thing, consider one's motivation to acquire that much money. How would you define it?
 
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?
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![/QUOTE]


If I 'make' a million dollars, I accumulated money from other people. I'm not actually producing cash, I'm acquiring theirs. Therefore, others have collectively lost a million dollars of purchasing power to me.

These people can't go demand new money just because I have all of their money.

They go broke, I get rich, and income inequality is a thing.



Wealth is a Zero-Sum Game

Conservative damagogues like Limbaugh have been able to convince the public that the huge incomes of the wealthiest Americans are irrelevant to those who make moderate-to-low incomes. They even suggest that the more money the wealthiest Americans make, the more wealth will trickle down to the lower classes.

If you've swallowed this line of conservative garbage, get ready to vomit. As all conservative economists know, and deny to the public that they know, wealth is a zero-sum game. That is true at both the front end—when income is divided up, and the back end—when it is spent.

The Front End of Zero-Sum: Dividing the Loot

There is only so much corporate income in a given year.

The more of that income that is used to pay workers, the less profit the corporation makes. The less profit, the less the stock goes up. The less the stock goes up, the less the CEO and the investors make. It’s as simple as that. Profit equals income minus expenses. No more, no less.


The Zero-sum Nature of economics

%er Warns Fellow Plutocrats Neoliberalism Will Lead to Violent Class Revolution

Though Charles and David Koch may be grabbing the headlines promoting a 1% neo-feudal agenda, not everyone in the upper echelons of the American plutocracy is on board. Nick Hanauer, a super rich venture capitalist, recently wrote a piece condemning neoliberalism – often called “trickle-down economics” – saying the current economic system is not only unfair and causing resentment but counter-productive to a thriving middle class saying “These idiotic trickle-down policies are destroying my customer base.”


1%er Warns Fellow Plutocrats Neoliberalism Will Lead To Violent Class Revolution | FDL News Desk


inequality-p25_averagehouseholdincom.png


change_income_since79.png



20111029_WOC689.gif
 
I'm pretty sure that how much I earn is in no way related to the morals of my adult offspring.

Just saying.
That part is true. But how about the third question, which you've ignored.

Considering how you earned your living, and/or how your father earned his. How does one go about "earning" fifty billion dollars?

When we consider the emergence of the 1% vs the 99% within the past three decades of "Reaganomics," would you argue the concept of morality does not arise?

For one thing, consider one's motivation to acquire that much money. How would you define it?

In a free and fair market, distribution of economic power has nothing to do with morality, and everything to do with personal choice. We give our money to people who provide us with the things we want and need. We grant economic power to those who do things with money that we appreciate.
 
Why are liberals/socialists worried about what other people make???
One answer to that question is if you have children how do you feel about the fact that as a rule (not the exception) they probably will not earn as much as you have, and their children will not earn as much as they did, and so on. But there is a class of Americans who, as a rule, will continue to accumulate greater fortunes than their forebears.

In other words, we are presently witnessing the rise of a financial aristocracy in America, along with the emergence of an accompanying peasant class.

Presuming you are not among the One Percent, do you feel there is nothing wrong with this?
 
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.

Weird, you bring up all the numbers THEN conflate it with individuals who don't pay INCOME taxes that are only 42% of federal revenues? lol

False premises, distortions and lies, the ONLY tool conservatives EVER have


In 2010 Exxon Mobil paid a domestic federal income tax rate of just 17%, based on their U.S. pre-tax income of $7.5 billion. Literally half the standard corporate tax rate. Worse yet, in 2009, Exxon Mobil paid no U.S. federal income taxes. That‟s right, 0%.


This is because they took advantage of the federal subsidy that allows them to take foreign tax credits on royalties disguised as income taxes. These royalties are not taxes but are in exchange for the right to produce oil.


Oil & Gas Subsidies: Myth vs. Fact
 
Dumbfuck.....there will always be rich/ruling class.

Even socialism/communism the political elites and their friends still hoard all the resources from the masses and the masses have no chance to ever acquire wealth themselves.

In our economic system, someone can grow up in the ghetto and become rich from their talents in the classroom or sports venues.

Idiots like you whining about rich people passing on their wealth to their "family" is ludicrous. Why shouldn't we come take your family's resources under the same premise.....nobody owns anything, oops that is your socialism.

Why are liberals/socialists worried about what other people make???
One answer to that question is if you have children how do you feel about the fact that as a rule (not the exception) they probably will not earn as much as you have, and their children will not earn as much as they did, and so on. But there is a class of Americans who, as a rule, will continue to accumulate greater fortunes than their forebears.

In other words, we are presently witnessing the rise of a financial aristocracy in America, along with the emergence of an accompanying peasant class.

Presuming you are not among the One Percent, do you feel there is nothing wrong with this?
 
...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

MORE right wing nonsense./ I'm shocked. No seriously, I am :lol:


Neo-Liberalism/Conservatives is/has destroyed the American Economy in favor of the so called "Job Creator"... In reality are "Job Exporters"...


The Republican sham of lower taxes and less regulation doesn't help anyone but the richest Americans and Big Business and kill jobs and opportunity for almost everyone, especially in the middle class and poor.



The US corporate business model has changed: It used to be based on sharing profits with workers to incentivize them and generate loyalty. Now, the model has shifted to rewarding not workers, but shareholders and upper management.. So, as corporate profits soar, the rich get richer and workers are told they are lucky to even have a job so stop whining about income disparity.



CONservative economic theories have never worked and never will. You can say "tax cuts create jobs" but that's just blather. Show me when it has worked and then we'll talk.



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.

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


Who Pays Taxes in America? | CTJReports
 
What's your opinion on the morality of taking money from those who earned it and giving it to people who haven't? ?

The parasites constitute 47 to 50% of the electorate.

So the Constitution has been amended in order to allow the government to steal from taxpayers in order to feed, insure, clothe and quench the thirst of the parasitic majority.

.
 
I'm college educated on the subject, you're a kook that surfs kook websites that create your false reality, then you come here spewing your bullshit like we are impressed with your GED. :eusa_whistle:

...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.

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

MORE right wing nonsense./ I'm shocked. No seriously, I am :lol:


Neo-Liberalism/Conservatives is/has destroyed the American Economy in favor of the so called "Job Creator"... In reality are "Job Exporters"...


The Republican sham of lower taxes and less regulation doesn't help anyone but the richest Americans and Big Business and kill jobs and opportunity for almost everyone, especially in the middle class and poor.



The US corporate business model has changed: It used to be based on sharing profits with workers to incentivize them and generate loyalty. Now, the model has shifted to rewarding not workers, but shareholders and upper management.. So, as corporate profits soar, the rich get richer and workers are told they are lucky to even have a job so stop whining about income disparity.



CONservative economic theories have never worked and never will. You can say "tax cuts create jobs" but that's just blather. Show me when it has worked and then we'll talk.



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.

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


Who Pays Taxes in America? | CTJReports
 
Dumbfuck.....there will always be rich/ruling class.

Even socialism/communism the political elites and their friends still hoard all the resources from the masses and the masses have no chance to ever acquire wealth themselves.

In our economic system, someone can grow up in the ghetto and become rich from their talents in the classroom or sports venues.

Idiots like you whining about rich people passing on their wealth to their "family" is ludicrous. Why shouldn't we come take your family's resources under the same premise.....nobody owns anything, oops that is your socialism.

Why are liberals/socialists worried about what other people make???
One answer to that question is if you have children how do you feel about the fact that as a rule (not the exception) they probably will not earn as much as you have, and their children will not earn as much as they did, and so on. But there is a class of Americans who, as a rule, will continue to accumulate greater fortunes than their forebears.

In other words, we are presently witnessing the rise of a financial aristocracy in America, along with the emergence of an accompanying peasant class.

Presuming you are not among the One Percent, do you feel there is nothing wrong with this?




Social Immobility: Climbing The Economic Ladder Is Harder In The U.S. Than In Most European Countries


The report finds the U.S. ranking well below Denmark, Australia, Norway, Finland, Canada, Sweden, Germany and Spain in terms of how freely citizens move up or down the social ladder. Only in Italy and Great Britain is the intensity of the relationship between individual and parental earnings even greater.

Social Immobility: Climbing The Economic Ladder Is Harder In The U.S. Than In Most European Countries



The Loss of Upward Mobility in the U.S.

chart



The Loss of Upward Mobility in the U.S. | TIME.com
 
Stupid fuck....I lived in Europe 3 times, shut the fuck up.

They have people living in apartments forever and have zero hope of ever owning a piece of grass.

Care to compare private HOMES here to over there.....

Dumbfuck.....there will always be rich/ruling class.

Even socialism/communism the political elites and their friends still hoard all the resources from the masses and the masses have no chance to ever acquire wealth themselves.

In our economic system, someone can grow up in the ghetto and become rich from their talents in the classroom or sports venues.

Idiots like you whining about rich people passing on their wealth to their "family" is ludicrous. Why shouldn't we come take your family's resources under the same premise.....nobody owns anything, oops that is your socialism.

One answer to that question is if you have children how do you feel about the fact that as a rule (not the exception) they probably will not earn as much as you have, and their children will not earn as much as they did, and so on. But there is a class of Americans who, as a rule, will continue to accumulate greater fortunes than their forebears.

In other words, we are presently witnessing the rise of a financial aristocracy in America, along with the emergence of an accompanying peasant class.

Presuming you are not among the One Percent, do you feel there is nothing wrong with this?




Social Immobility: Climbing The Economic Ladder Is Harder In The U.S. Than In Most European Countries


The report finds the U.S. ranking well below Denmark, Australia, Norway, Finland, Canada, Sweden, Germany and Spain in terms of how freely citizens move up or down the social ladder. Only in Italy and Great Britain is the intensity of the relationship between individual and parental earnings even greater.

Social Immobility: Climbing The Economic Ladder Is Harder In The U.S. Than In Most European Countries



The Loss of Upward Mobility in the U.S.

chart



The Loss of Upward Mobility in the U.S. | TIME.com
 
I'm college educated on the subject, you're a kook that surfs kook websites that create your false reality, then you come here spewing your bullshit like we are impressed with your GED. :eusa_whistle:

...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.

MORE right wing nonsense./ I'm shocked. No seriously, I am :lol:


Neo-Liberalism/Conservatives is/has destroyed the American Economy in favor of the so called "Job Creator"... In reality are "Job Exporters"...


The Republican sham of lower taxes and less regulation doesn't help anyone but the richest Americans and Big Business and kill jobs and opportunity for almost everyone, especially in the middle class and poor.



The US corporate business model has changed: It used to be based on sharing profits with workers to incentivize them and generate loyalty. Now, the model has shifted to rewarding not workers, but shareholders and upper management.. So, as corporate profits soar, the rich get richer and workers are told they are lucky to even have a job so stop whining about income disparity.



CONservative economic theories have never worked and never will. You can say "tax cuts create jobs" but that's just blather. Show me when it has worked and then we'll talk.



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.

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


Who Pays Taxes in America? | CTJReports

Yes, my Cal Poly degree with a minor in history means nothing :eusa_angel:




You can say "tax cuts create jobs" but that's just blather. Show me when it has worked and then we'll talk


6-25-10inc-f1.jpg
 
I sort of get the safety net argument, the notion that we have a moral responsibility to care for those who fall through the cracks. I'd still argue that government isn't the right tool for that job, but at least the idea has merit. But I don't really see moral justification for taking money away from people simply because you think they've accumulated too much. Can someone here advocating "wealth redistribution" address that?
 
Stupid fuck....I lived in Europe 3 times, shut the fuck up.

They have people living in apartments forever and have zero hope of ever owning a piece of grass.

Care to compare private HOMES here to over there.....

Dumbfuck.....there will always be rich/ruling class.

Even socialism/communism the political elites and their friends still hoard all the resources from the masses and the masses have no chance to ever acquire wealth themselves.

In our economic system, someone can grow up in the ghetto and become rich from their talents in the classroom or sports venues.

Idiots like you whining about rich people passing on their wealth to their "family" is ludicrous. Why shouldn't we come take your family's resources under the same premise.....nobody owns anything, oops that is your socialism.




Social Immobility: Climbing The Economic Ladder Is Harder In The U.S. Than In Most European Countries


The report finds the U.S. ranking well below Denmark, Australia, Norway, Finland, Canada, Sweden, Germany and Spain in terms of how freely citizens move up or down the social ladder. Only in Italy and Great Britain is the intensity of the relationship between individual and parental earnings even greater.

Social Immobility: Climbing The Economic Ladder Is Harder In The U.S. Than In Most European Countries



The Loss of Upward Mobility in the U.S.

chart



The Loss of Upward Mobility in the U.S. | TIME.com


For a guy with a degree, YOU sure act funny to scientific data :eusa_hand:
 
Safety school retard grad....

I'm college educated on the subject, you're a kook that surfs kook websites that create your false reality, then you come here spewing your bullshit like we are impressed with your GED. :eusa_whistle:

MORE right wing nonsense./ I'm shocked. No seriously, I am :lol:


Neo-Liberalism/Conservatives is/has destroyed the American Economy in favor of the so called "Job Creator"... In reality are "Job Exporters"...


The Republican sham of lower taxes and less regulation doesn't help anyone but the richest Americans and Big Business and kill jobs and opportunity for almost everyone, especially in the middle class and poor.



The US corporate business model has changed: It used to be based on sharing profits with workers to incentivize them and generate loyalty. Now, the model has shifted to rewarding not workers, but shareholders and upper management.. So, as corporate profits soar, the rich get richer and workers are told they are lucky to even have a job so stop whining about income disparity.



CONservative economic theories have never worked and never will. You can say "tax cuts create jobs" but that's just blather. Show me when it has worked and then we'll talk.



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.

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


Who Pays Taxes in America? | CTJReports

Yes, my Cal Poly degree with a minor in history means nothing :eusa_angel:




You can say "tax cuts create jobs" but that's just blather. Show me when it has worked and then we'll talk


6-25-10inc-f1.jpg
 
Come on shitstain, let's compare private ownership of homes and automobiles....that is an economic sign of upward mobility.

FYI...most Europeans don't own a car or a home. :eusa_whistle:

Riding public transportation and living in an apartment is the average European's life.

Stupid fuck....I lived in Europe 3 times, shut the fuck up.

They have people living in apartments forever and have zero hope of ever owning a piece of grass.

Care to compare private HOMES here to over there.....

Social Immobility: Climbing The Economic Ladder Is Harder In The U.S. Than In Most European Countries


The report finds the U.S. ranking well below Denmark, Australia, Norway, Finland, Canada, Sweden, Germany and Spain in terms of how freely citizens move up or down the social ladder. Only in Italy and Great Britain is the intensity of the relationship between individual and parental earnings even greater.

Social Immobility: Climbing The Economic Ladder Is Harder In The U.S. Than In Most European Countries



The Loss of Upward Mobility in the U.S.

chart



The Loss of Upward Mobility in the U.S. | TIME.com


For a guy with a degree, YOU sure act funny to scientific data :eusa_hand:
 
I sort of get the safety net argument, the notion that we have a moral responsibility to care for those who fall through the cracks. I'd still argue that government isn't the right tool for that job, but at least the idea has merit. But I don't really see moral justification for taking money away from people simply because you think they've accumulated too much. Can someone here advocating "wealth redistribution" address that?


WE TRIED YOUR MODEL BEFORE WE HAD THE PROGRESSIVE PERIOD, REMEMBER THE POOR HOUSES AND ABJECT POVERTY FOR 95% OF US?



Why Thomas Jefferson Favored Profit Sharing
By David Cay Johnston

The founders, despite decades of rancorous disagreements about almost every other aspect of their grand experiment, agreed that America would survive and thrive only if there was widespread ownership of land and businesses.

George Washington, nine months before his inauguration as the first president, predicted that America "will be the most favorable country of any kind in the world for persons of industry and frugality, possessed of moderate capital, to inhabit." And, he continued, "it will not be less advantageous to the happiness of the lowest class of people, because of the equal distribution of property."

The second president, John Adams, feared "monopolies of land" would destroy the nation and that a business aristocracy born of inequality would manipulate voters, creating "a system of subordination to all... The capricious will of one or a very few" dominating the rest. Unless constrained, Adams wrote, "the rich and the proud" would wield economic and political power that "will destroy all the equality and liberty, with the consent and acclamations of the people themselves."

James Madison, the Constitution's main author, described inequality as an evil, saying government should prevent "an immoderate, and especially unmerited, accumulation of riches." He favored "the silent operation of laws which, without violating the rights of property, reduce extreme wealth towards a state of mediocrity, and raise extreme indigents towards a state of comfort."

Alexander Hamilton, who championed manufacturing and banking as the first Treasury secretary, also argued for widespread ownership of assets, warning in 1782 that, "whenever a discretionary power is lodged in any set of men over the property of their neighbors, they will abuse it."

Late in life, Adams, pessimistic about whether the republic would endure, wrote that the goal of the democratic government was not to help the wealthy and powerful but to achieve "the greatest happiness for the greatest number."



http://www.newsweek.com/2014/02/07/why-thomas-jefferson-favored-profit-sharing-245454.html
 
Why are liberals/socialists worried about what other people make???
One answer to that question is if you have children how do you feel about the fact that as a rule (not the exception) they probably will not earn as much as you have, and their children will not earn as much as they did, and so on. But there is a class of Americans who, as a rule, will continue to accumulate greater fortunes than their forebears.

In other words, we are presently witnessing the rise of a financial aristocracy in America, along with the emergence of an accompanying peasant class.

Presuming you are not among the One Percent, do you feel there is nothing wrong with this?

Our children both earn more than twice as much as my husband and I ever earned together. And all their friends that they grew up with almost all also out earn their parents. And my generation and their generation started out without a lot of help from anybody. But now we are fully into the generations indoctrinated with an entitlement mentality. Some are encouraged to NOT do what is necessary to acquire wealth as they don't want to give up any of their government freebies. Still others have bought into the victim mentality that the wealthy are screwing them and they look to unions or government or others for whatever fortune might drop in their lap. And all that screws the numbers and the percentages.

Most of those who ignored and ignore these kinds of phenomena still seem to be doing okay though they are handicapped by the worst economy and the most jobs and business unfriendly administration in my increasingly long memory.
 
I sort of get the safety net argument, the notion that we have a moral responsibility to care for those who fall through the cracks. I'd still argue that government isn't the right tool for that job, but at least the idea has merit. But I don't really see moral justification for taking money away from people simply because you think they've accumulated too much. Can someone here advocating "wealth redistribution" address that?
we tried your model ...

What???

Can someone here advocating "wealth redistribution" provide moral justification for taking money away from people simply because we think they've accumulated too much?
 

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