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The point is that this policy disproportionately benefits rich people, who invest a lot more, and thus stand to gain a lot more.
by banach 10y ago
The point is that this policy disproportionately benefits rich people, who invest a lot more, and thus stand to gain a lot more.
- witty_username 10y agoIt is not disproportionate with respect to stock invested so non-rich people can invest in stocks. I do not see why rich people gaining disproportionately is a problem.
- banach 10y ago> I do not see why rich people gaining disproportionately is a problem. You are free to have that opinion, but I think that the majority of the people affected by these economic policies (who by definition cannot be rich) will disagree with you. I think that the debate of policy would be greatly improved if proposals started with a statement of fundamental axioms like these, from which the supposed merits of policies are derived.
- witty_username 10y ago> You are free to have that opinion, but I think that the majority of the people affected by these economic policies (who by definition cannot be rich) will disagree with you. Didn't you just say that rich people benefit? So the policy affects rich people positively.
- banach 10y agoIt does, but they are a minority.