Dear America: You should be mad as hell about this!

canndo

Well-Known Member
so, as each person dies, all the wealth accumulated during their lifetimes will be seized by the government? The communist party? the democrat party? who will claim everyone's estate?

The OP's figures dont specify whether the numbers are the wealth of the estates of real people or the wealth held by corporate entities. i think it's more likely the numbers are skewed by corporate takeovers, and the expansion of the mega-corps than anything actual people have control over. The gross numbers cited are also easily manipulated by extremes in wealth and poverty.

You are also forgetting the single greatest advantage the corporate person has over the natural person, immortality. under your "solution" wealth would aggregate in the hands of corporate entities, and real people would only get poorer as the years progress.

Think harder bro. "ideas" like that are the opposite of useful.
Many if not most corporations are actually owned by groups of individuals or organizations, thus they hold the wealth. Families? they can have a portion but inheritance taxes should be very high.
 

Illegal Smile

Well-Known Member
I'd like to back up to "fair." What does that mean and why should it be fair? Why isn't a Darwinian outcome fair? It's at least based in nature and not century-old Marxist drivel.
 

abandonconflict

Well-Known Member
Many if not most corporations are actually owned by groups of individuals or organizations, thus they hold the wealth. Families? they can have a portion but inheritance taxes should be very high.
Any law enacting this should include a provision about putting the money back in circulation, possibly even in accordance with the will of said dead estate holder.
 

beenthere

New Member
The solidificaton of wealth in this country is staggering. It is a fact that without government interference that solidification will grow to finally become unbalanced. I am more likely to be able to turn my one million dollars into two million than you are to turn your 100,000 into 200,000. If I can influence my government to give me breaks (with the money I already have amassed), I will aquire more. Now the only real way to equalize this trend is to level the playing field and one way to do that is to require the total divestiture of every fortune when the controler of that fortune dies. The dead have no rights.
You grossly contradicted yourself by claiming, without government interference, solidification will grow to finally become unbalanced, and in the next paragraph you admitted that with government interference, you can influence them into giving tax breaks!

So without the federal government interfering in private sector business, crony capitalism cannot thrive, I agree!
 

abandonconflict

Well-Known Member
I'd like to back up to "fair." What does that mean and why should it be fair? Why isn't a Darwinian outcome fair? It's at least based in nature and not century-old Marxist drivel.
Please go on about right wing Darwinism. The phrase, "survival of the fittest" was not coined by Darwin, although he did use it in his 3rd and 4th editions but not in later or in the first editions of "On the Origin of Species". It was coined by right wing economist Herbert Spencer and it is not considered by biologists to be a law of nature as it does not honestly convey natural selection. Cooperation is a trait that many species preserve.

Furthermore, the idea that competition is the only force behind innovation is also preposterous, cooperation also drives innovation.
 

canndo

Well-Known Member
Of course another way to deal with this is to penalize individuals who insis upon "cashing out". So long as their money is going toward suitable interests, manufacturing facilities, businesses and the like, their taxation is rather low, but otherwise, they simply can't keep much of their money. It is patently unfair, it is rude beyond measure but I am sure the rich will get over it. We had just such a system from about '45 to the mid 60's. Curiously, our economy did quite well.
 

Corso312

Well-Known Member
I'd like to back up to "fair." What does that mean and why should it be fair? Why isn't a Darwinian outcome fair? It's at least based in nature and not century-old Marxist drivel.


Lol..the 10% do not want a Darwinian outcome man..that would be the strongest takes what it wants..physically not through tax code loop holes or through legislature ..I come to your home and take what I want...then your neighbors...one day the 90% will rose up and do just that.
 

canndo

Well-Known Member
I'd like to back up to "fair." What does that mean and why should it be fair? Why isn't a Darwinian outcome fair? It's at least based in nature and not century-old Marxist drivel.
So you somehow believe that Darwinian systems are inherently wise? Really? We can go back in history and see the results of such winner take all - survival of the fittest systems. They don't work in a modern society where there are intense and elaborate interdependencies. Of course, given the long view I suppose it would be wise but it is akin to saying that Mexicans are better off without local building codes than we are with them. A 6.0 earthquake in Mexico city leveled the majority of the place, the same scale quake in California did comparatively little damage and cost comparitively few lives. Civilizations are not built upon darwinian philosophies. Eventually a Mexican construction free market may eliminate some of the destruction - but it is unlikely given that same free market.

Why should it be fair? because again, we believe in fair, fair is artificial but so is our civilization. But there are levels of fairness. Is is "fair" that we in the middle class are suffering from the excesses of the market when the rich are not? Shouldn't they bear a portion of the discomfort? Aren't we all "in this together"?
 

ink the world

Well-Known Member
I don't support the concept that my $ shouldn't go to my family when I die.

The income inequity and the obliteration of the middle class is a problem. The current GOP candidate supports programs that only further shrink the middle class. Firefighters, cops and teachers are not the problem. That is unless you consider the middle class a problem.

So keep giving tax breaks to millionaires and corporations posting record profits. People that don't have $ don't spend $ and don't strengthen the economy. I don't understand why this is such a hard concept to grasp. The 1% does not need tax breaks, if giving them tax breaks created jobs the unemployment rate would be almost nonexistent. Trickle down economics is just income redistribution. Most pathetic part are the people that cite against their own interests on a regular basis.

We have allowed the rich and corporations to buy our government and our elections. Regular people have no voice
 

Illegal Smile

Well-Known Member
Lol..the 10% do not want a Darwinian outcome man..that would be the strongest takes what it wants..physically not through tax code loop holes or through legislature ..I come to your home and take what I want...then your neighbors...one day the 90% will rose up and do just that.
Yeah right, that's been said for hundreds of years, too.

We'll storm the winter palace and take the Czar's jewels and gold and sell them to buy bread for the people. Right on!
 

Corso312

Well-Known Member
If it all it took was hard work then every ditch digger would be a millionaire ...the whole work real hard and you may be rich someday is a total pipe dream.
 

Illegal Smile

Well-Known Member
If it all it took was hard work then every ditch digger would be a millionaire ...the whole work real hard and you may be rich someday is a total pipe dream.
You're right - it takes brains, and motivation and much more in addition to just working hard. I suppose the brains are distributed pretty unfairly. Maybe we should be talking at redistribution of intelligence?
 

canndo

Well-Known Member
You grossly contradicted yourself by claiming, without government interference, solidification will grow to finally become unbalanced, and in the next paragraph you admitted that with government interference, you can influence them into giving tax breaks!

So without the federal government interfering in private sector business, crony capitalism cannot thrive, I agree!
By the way, there are different sorts of government interference - there is nothing contradictory in my statement at all, interference by government representing the people as a whole is different than that same government favoring the rich.
 

Corso312

Well-Known Member
You're right - it takes brains, and motivation and much more in addition to just working hard. I suppose the brains are distributed pretty unfairly. Maybe we should be talking at redistribution of intelligence?


yes, College education is more like a home mortgage now...good luck working hard and getting good grades and graduate to this job market and get harassed for student loans...How is this for an idea? cut our Defense budget by 55% and close 900 or so of the over seas military bases and use those trillions to better this country..My property taxes went up again and home values drop..why?...Why are we on the hook for 3 billion a day in the middle east oil war?..
 
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