Quote:
Originally posted by sebastian_dangerfield
Did I say I was middle class? No. I'm upper middle class. But thats not rich. I'm a few hundred grand a year away from rich, and that chasm is a huge one to bridge...
Two week vacation? I don't know anyone, rich or poor, who can swing that gig anymore.
How do you cure wealth disparity long term? You can't do it. Its impossible. Wealth disparity is a natural consequence of capitalism. Capitalism is our system. Is it imperfect? Yes, but what's the option? Wealth redistribution? That's socialism. "Progressive taxation" is a soft way of saying "force the better off to give money to the less well off.” Taxes pay for the state - for infrastructure, for minimum benefits such as welfare.
Taxes are not the social reengineering tool which the Left seems to think they are
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I think you've got me all wrong, Sebby. I don't believe that taxes are a tool for social engineering. Progressive taxation is a means of wealth distribution, but I disagree that it's socialism. I think that progressive taxation provides a means for maintaining infrastructure and a basic safety net. I don't advocate equality of outcomes. Hell, even if I believed in it as a positive good, I would recognize the fact that it isn't an achievable goal.
My only reason for addressing wealth disparity was to decry the fact that the current administration, among its other spendthrift habits, is going full-guns attempting to reverse progressive taxation, and that that is part of what is creating the widening gap in our soiciety.
