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I have no issues with income / wealth inequality, per se. But I have some issues as to why that inequality happens. Some important rationales are the following:

I have no issues with income / wealth inequality, per se. But I have some issues as to why that inequality happens. Some important rationales are the following: A) Taxing high income will cause capital / investment flight. B) Wealth trickles down. A: could be true, but it does not warrant letting private investors take all profits without incurring in the necessary expenses, which are currently funded by the tax payer (disproportionately low-medium income workers), or simply not covered (health care). B: This is, after several decades of lying to the electorate, patently false.

Veelox 8y ago
>But I have some issues as to why that inequality happens. Can you expand on why inequality happens and some ideas to change/fix the causes?
- Vraxx 8y ago
  I'd venture a guess based on B) that GP believes that inequality happens in part due to tax laws that support the idea that wealth trickles down, while GP believes (as do I), that it absolutely does not. A proposed fix would be to stop giving tax cuts to the rich/businesses in hopes that the not rich will somehow magically get some trickled down benefit and instead do things that actively benefit the lower economic classes.
  - Veelox 8y ago
    >A proposed fix would be to stop giving tax cuts to the rich/businesses in hopes that the not rich will somehow magically get some trickled down benefit and instead do things that actively benefit the lower economic classes. So it seems like you are saying, tax the rich and do something to benefit the lower economic classes. What specific policies to you support that would benefit the lower economic classes?
    - dragonwriter 8y ago
      > So it seems like you are saying, tax the rich and do something to benefit the lower economic classes. What specific policies to you support that would benefit the lower economic classes? The simplest one would be to reduce taxes which disproportionately impact those classes; moving the trust fund contributions currently made out of the employer share of payroll taxes to be drawn from general revenue would be one example. Even though it's technically a business tax cut, is directly on a cost of employing people, making employing workers at any given wage cheaper for the employer, so that more of the employer cost goes to the employee.

Veelox 8y ago

>But I have some issues as to why that inequality happens. Can you expand on why inequality happens and some ideas to change/fix the causes?

Vraxx 8y ago
I'd venture a guess based on B) that GP believes that inequality happens in part due to tax laws that support the idea that wealth trickles down, while GP believes (as do I), that it absolutely does not. A proposed fix would be to stop giving tax cuts to the rich/businesses in hopes that the not rich will somehow magically get some trickled down benefit and instead do things that actively benefit the lower economic classes.
- Veelox 8y ago
  >A proposed fix would be to stop giving tax cuts to the rich/businesses in hopes that the not rich will somehow magically get some trickled down benefit and instead do things that actively benefit the lower economic classes. So it seems like you are saying, tax the rich and do something to benefit the lower economic classes. What specific policies to you support that would benefit the lower economic classes?
  - dragonwriter 8y ago
    > So it seems like you are saying, tax the rich and do something to benefit the lower economic classes. What specific policies to you support that would benefit the lower economic classes? The simplest one would be to reduce taxes which disproportionately impact those classes; moving the trust fund contributions currently made out of the employer share of payroll taxes to be drawn from general revenue would be one example. Even though it's technically a business tax cut, is directly on a cost of employing people, making employing workers at any given wage cheaper for the employer, so that more of the employer cost goes to the employee.