danielpalos
Diamond Member
- Jan 24, 2015
- 73,961
- 5,055
Only the right wing believes that; and, no one takes the right wing seriously about economics.can it be immoral, to solve simple poverty and tax the rich into Heaven, at the same time?I don't want to live in the kind of country that allow the poor to starve and whither away like in Hong KongThey have all the money.
What percentage of their income do they need to survive?
Everyone should earn enough to survive and afford to go to college so they can better themselves. Otherwise you create the slave class.
In a free country, it's not up to "us" to determine what people need to survive. Everybody has a different opinion of that.
The failed thinking of the left is that all money belongs to the people, and it's up to government to determine what we all should be allowed to have. That's not what we do in a free capitalist society--that's what they do in socialist, Communist and dictatorships. Outside of the government, everybody in Cuba is equal......equally poor. Is that the kind of country you want?, or in coffin homes like in Japan![]()
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or like in third world countries in garbage pits and bamboo huts. You might not care about your fellow men I do, especially when I'll probably end up one of them.
So the answer is taking money from the rich to give to those that are not? We would have to give up the Republic to do that. And if we were to take money from the rich so they live like everybody else, what would be the incentive to become rich in the first place?
Let me tell you a little personal story of something that happened to me as a child back in the 60's.
I was with my father driving through a bad part of town. As I looked upon the despair, I turned to my father and said "I wish I had a million dollars." My father asked why? I said "So I could give it to these people so they could move out of here."
My father looked at me with a smile and said "Son, you could give each and every one of these people a million dollars, and in just a few years, they would be right back here in this neighborhood."
I didn't understand what he meant until I got older. But what he was telling me is that money doesn't solve poverty. In fact, books have been written on lottery winners where the money made their life a living hell.
That begs the question: If we could tax every millionaire at 90%, how would that help you? Of sure, it would give the government more money, but how would that help you?
The answer is it doesn't. If you give people money that aren't responsible enough to have that money, you could be doing them more harm than good.
By solving for simple poverty, economics can be learned, eventually.