Gwynvyd -> RE: The sting of poverty (4/14/2008 11:34:29 AM)
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quote:
ORIGINAL: Real_Trouble There is a dramatic difference between redistributing hereditary wealth (which I am for) and earned wealth (which I am against). If I did nothing more than inherit a few hundred million dollars, say (to put things on par with past aristocracy), then I agree, locking that wealth up solely through heredity is not a good manuever. I am for even more aggressive estate taxes than we currently have, in fact, to prevent this very situation from occurring. However, if someone develops cold fusion, and then all the profits are taken from them and redistributed to the rest of the United States, I am going to be extremely displeased! That person did the work, why should they not have the reward? Sure, their kids don't deserve to be fantastically wealthy just by being lucky enough to be that person's kids, but people should be rewarded for their just contributions. As to the poor? Yes, there should be poor people. I'm sorry if not everyone likes that, but to quote a professor I once had, "not everyone can be a rocket scientist". Not all humans are equal; some people contribute more, and some people contribute less. The bottom line that if someone is poor, uneducated, and has made foolish life decisions (such as having multiple kids early, digging into major debt through their own spending, etc) despite being offered the same opportunity as everyone else, that's their own problem. The rest of the world is not here to subsidize idiociy. Go to school, or learn a trade skill. Develop something other than manual labor, make responsible financial decisions, don't commit crimes, etc. It is possible, and we should do a better job of making it possible, but there are those who will fail even when handed everything on a silver platter. I know a few. My final point is this, though: all systems that have tried to equalize income distribution so far have failed, and often spectacularly. They consistently produce major corruption, lack of incentives, lack of progress, and equality for many... meaning that everyone is equally poor and destitute. I can not agree with you here.... Personaly I think the bloody death tax should be abolished. A very close friend of mines whole family lost everything they had because the matricarch of thier family died. They had little to no cash or cash equivelant... but a decent plot of land. It being Florida and the Land having been in the Family for Ages the value of the land had sky rocketed. The money they owed the govt on the death of the realtive was staggering. These folks were Farmers and ranchers.. I used to muck out thier stalls as a teen ager. They had to sell every last bit of thier farm, and land to pay the govt the death tax. The IRS got involved and hit them for everything. by the time the govt was done they had no money for thier children, or them selves.. and couldnt hardly afford to live in the same town. A large developer raped them on the price.. then developed these $500,000+ a pop homes on thier land. ( The land I knew like the back of my hand from horse back ) it made me sick. If your family has worked and earned thier money they should keep it. So sorry your family didnt have the planning. Make your start.. I might loathe my family. I might have flipped them off, mooned them.. and not take a damn penny from them.. (ever) or even turn to them when I am about to hit the streets because I am too damn prideful to kiss thier asses... but my grandfather busted his ass for that money. Other family members continue to bust thier ass and contribute. Some are wankers and just live off of it and do nothing but suck away at the funds. They are still family.. and that is what "is done" you support family. ( Look at the Dupont family.. that nutter bunch ) Gwyn, Happy little Black Sheep
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