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Strategies & Market Trends : ahhaha's ahs

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To: Mark Adams who wrote (3159)10/18/2001 12:14:44 AM
From: ahhahaRead Replies (2) of 24758
 
I have some objection I don't understand to letting those who've accumulated wealth sit on their asses and enjoy the fruits of society without contributing in some form to what I percieve as a society obligation to ensure that some minimal level of survival and potential for actualization exists. Specifically- that those born to poverty should have a chance to reach their potential.

You couldn't have stated anything worse than this. It is this need to force others to do what you consider to be good that is behind all the trouble in economy, nay, all the trouble in the world. It is this kind of attitude that caused the US War of Independence and the motivation behind bin Laden terrorism.

I also object to a wealth tax, as I've worked hard to earn what I have and don't consider it fair to punish me for having forgone consumption to build savings.

You don't mind supporting poor people sitting on their asses.

I don't know how to reconcile this.

The answer is simple. 10% flat rate on ordinary income. No taxes on capital or corporations. People would then consider it a privilege to pay taxes. It wouldn't be a burden. The economy would take off in a way that would make the late 19th century look paltry. Instead, we opt for the continual depression both economically and psychologically, just to worship a false god from a primitive era.

If you allow private property ownership, then you need some form of support for those born without the basic property required to sustain themselves. That's my values. I don't know how to pay for this (what taxes to enact).

What percent are so born? 2%? More than likely, less than that. So you think it's necessary to rape all rational conduct in order to address the 2% with the outcome that it doesn't get addressed. When do we learn from history?

I do not believe that I'm not socialist-

They never do until they see what a disaster they've precipitated on mankind in order to achieve a false ideal. How many Russians denied that socialism was a total disaster even while it was destroying? The majority of Americans sympathize with the war on wealth with the outcome that they must pay. Their purported enemy, the rich, don't pay, but the majority put in place all these arcane tax and social structures in order to punish the rich or achieve "fairness" with the unintended outcome that they only punish themselves and then blame the rich for creating the resulting unfairness.

I think the support of newly minted citizens should be limited to sustenance during their initial years and education that enables them to contribute to society.

This is socialism. Children are the responsibility of parents and no one else.

Actually, yes. I couldn't see working hard only to be taxed at a 60% marginal rate, so I did away with that source of income. And started exploring how I could better manage my tax liability. It was a sole prop, no corp taxes involved and no limited liability. I'd never structure a business that way again- too much risk. But I did learn.

You were forced essentially by the tax structure to go it alone. You can't realize the wealth by yourself as you can when you cooperate with others in a coordinated effort. It's economy of scale and synergy of action that achieves orders of magnitude yield for what an individual can do alone.

Running from taxes? Shirking your responsibility to provide for the poor? Acting like all the hypocrites I've seen for 35 years in professional life dealing with the nonsensical and counter productive rules of taxation?

Boy, I don't know how you read that into what I wrote.

You aren't retaining what you have written.

Which in recent posts you claimed should be how an individual acts on the micro scale. In fact, the government uses tax policy to encourage certain behaviour. How is it wrong to take the hint?

The purpose of tax is to support government. The only behavior government should be interested in encouraging is payment.

You again project motivations onto me that I must wonder about. I'm certainly concerned that those who have the gold, make the rules are positioning to shaft me. That doesn't make me an evil doer bent on shifting my burden to others.

The above paragraph proves what you deny and reveals your motivation. Just read it.

Take a chill pill, ok?

I've been fighting this tax ignorance for decades. Someone has to do what the universities fail to do and so release an illiterate plague on the world.
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