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Politics : Formerly About Advanced Micro Devices
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To: Tenchusatsu who wrote (768730)2/11/2014 2:47:38 AM
From: SilentZ  Read Replies (2) of 1577224
 
>
Implied in that argument is the notion that government is entitled to a sizable portion of income above a threshold that meets an average person's "basic needs."

Well, a sizable portion of income way beyond that threshold.

>Hence, there is little room to save, little room to invest, little room to bequeath, little room to do anything but trust government to lay out the future of society.

Is this what happened in the 1950s? And there is too much room to save, to invest, to bequeath... The top 1% are making like 80% of capital gains. Are you going to tell me that this country would be horribly affected if that number were *GASP* only 60%?

>What's really funny is that, in your vision of an ideal society, one's "basic needs" would be fulfilled by government services, which essentially puts that income threshold at zero. Makes me wonder who can ever work for something that he or she can call his own.

Except I didn't say anything like that. I said having basic needs "far since met." Almost everyone can have his/her basic needs met, save for in the most expensive parts of the country, for under $100K a year. Probably like $50K. So is it so terrible to tax a couple more percent on income that's 5-10X that?

-Z
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