4 ms·

Could you expand on "align incentives" a little more please?

Chronic51 11y ago
Why would I, a rich person, pay 10% of my income in the US when I can simply claim citizenship of another (business focused) country?
- Retric 11y ago
  https://en.wikipedia.org/wiki/Guillotine https://en.wikipedia.org/wiki/Guillotine it can happen again.
- ktRolster 11y ago
  Most people aren't willing to give up their citizenship that easily. We can see that because they already do pay more than 10% of their income.
- stephenhuey 11y ago
  Because if you're still in business, you might still make more money in the U.S. due to other superior resources available here. For example, there might be greater creative output from well-paid workers who receive basic income and profit sharing, and this could lead to better overall returns for business owners. Obviously not all types of businesses would do well, but hopefully the ones that would thrive would be businesses we're more interested in seeing thrive.
- mikestew 11y ago
  Because there's no "simply" about it. Go ahead, mentally walk yourself through how that plays out for the rich person. Please account for all assets and potential tax liabilities. Factor in the means of production for the rich person to stay rich, and what happens when that person is no longer a U. S. citizen. All done? Oh, forgot to tell you, there's a dozen other things you didn't even know about, but the country of your previously-held citizenship will be along shortly to helpfully remind you. That, and where else are you going to go that is more "business-focused"? Suppose you find such a place; what trade-offs are made to live there?
Retric 11y ago
At some point the poor are better off starting a revolution than being stuck at the bottom. We are heading to a future where most people are going to be poor because an average person with an average education is going to be unable to find a job.
- Overtonwindow 11y ago
  That's a very good point. It's getting much harder for a non-college-educated person to get a job. Thank you for explaining that further.
- mc32 11y ago
  Agitation comes when there is light at the end of the tunnel, it does not happen when there is complete darkness. That's to say the poor need the hope that change (revolution) will result in better things. They also need buy in from the better off (who would have the resources to stave off any revolution). People don't revolt for the sake of revolting there has to be an expected (positive) result at the end.
  - Retric 11y ago
    Slave revolts suggest otherwise. The important thing to remember is even if you win, revolts are incredibly expensive.

Why would I, a rich person, pay 10% of my income in the US when I can simply claim citizenship of another (business focused) country?

Retric 11y ago
https://en.wikipedia.org/wiki/Guillotine https://en.wikipedia.org/wiki/Guillotine it can happen again.
ktRolster 11y ago
Most people aren't willing to give up their citizenship that easily. We can see that because they already do pay more than 10% of their income.
stephenhuey 11y ago
Because if you're still in business, you might still make more money in the U.S. due to other superior resources available here. For example, there might be greater creative output from well-paid workers who receive basic income and profit sharing, and this could lead to better overall returns for business owners. Obviously not all types of businesses would do well, but hopefully the ones that would thrive would be businesses we're more interested in seeing thrive.
mikestew 11y ago
Because there's no "simply" about it. Go ahead, mentally walk yourself through how that plays out for the rich person. Please account for all assets and potential tax liabilities. Factor in the means of production for the rich person to stay rich, and what happens when that person is no longer a U. S. citizen. All done? Oh, forgot to tell you, there's a dozen other things you didn't even know about, but the country of your previously-held citizenship will be along shortly to helpfully remind you. That, and where else are you going to go that is more "business-focused"? Suppose you find such a place; what trade-offs are made to live there?

Retric 11y ago

At some point the poor are better off starting a revolution than being stuck at the bottom. We are heading to a future where most people are going to be poor because an average person with an average education is going to be unable to find a job.

Overtonwindow 11y ago
That's a very good point. It's getting much harder for a non-college-educated person to get a job. Thank you for explaining that further.
mc32 11y ago
Agitation comes when there is light at the end of the tunnel, it does not happen when there is complete darkness. That's to say the poor need the hope that change (revolution) will result in better things. They also need buy in from the better off (who would have the resources to stave off any revolution). People don't revolt for the sake of revolting there has to be an expected (positive) result at the end.
- Retric 11y ago
  Slave revolts suggest otherwise. The important thing to remember is even if you win, revolts are incredibly expensive.