4 ms·

Yes, the world is fair and just and everyone deserves to be where they are today. This is why our society operates according to a caste system, and we should pr

by beoba 16y ago

Yes, the world is fair and just and everyone deserves to be where they are today. This is why our society operates according to a caste system, and we should preserve it whenever possible. Ergo the rich deserve to stay rich in perpetuity without any effort or contribution to society on their part. They should be able to set aside a pile of cash and reap the capital gains forever, with only a 15% tax rate on that income. It is the natural order. Edit add: In addition to the aforementioned caste reference, I'm seeing a lot of parallels to feudalism here.

kiba 16y ago
Rich people often lose their money due to poor mismanagement. IE, the son would squander the fortune of his father. Rich people who have manage their wealth properly should deserve to keep it. It's not like the companies that they invest in are going to last forever.
- beoba 16y ago
  Yes, their deftness at not being idiots with their money should be rewarded indefinitely, since it is such a huge contribution to our society. (mostly unrelated: check out index funds, money management is only made to look complicated to benefit brokers/advisors paid on commission)
  - kiba 16y ago
    I find it important to know that people can't take my income just because I am rich or I am perceived to not be a valuable contributor to society. I am not at all rich, but I am a rather spoiled college student funded by taxpayer money in the form of scholarship. (though I actually work for it in the form of grades...but it's still not my money) Even so, I don't want loophole that can be used to take people's property away from them. Once you take property from the rich, you could conceivably begin to take away property from the middle class, and then classes under that until all property are owned by people in power. The rule of law is a very important concept. It's something that I wouldn't want to violate to right perceived unfairness.
    - beoba 16y ago
      You're mixing up property rights (what you already have) with income tax brackets (what you're getting).
      - kiba 16y ago
        Money are your property. Therefore taxation(taking money by coercion) is a form of property right violation. The Constitution also have another loophole that allow the government to take property for "just compensation". Intellectual property right also violate property right. People do indeed make exceptions. Some are big, and some are small. They just think they are justified. The more exceptions there are, the more people are at liberty to make new exceptions for property right.

by beoba 16y ago

kiba 16y ago

Rich people often lose their money due to poor mismanagement. IE, the son would squander the fortune of his father. Rich people who have manage their wealth properly should deserve to keep it. It's not like the companies that they invest in are going to last forever.

beoba 16y ago
Yes, their deftness at not being idiots with their money should be rewarded indefinitely, since it is such a huge contribution to our society. (mostly unrelated: check out index funds, money management is only made to look complicated to benefit brokers/advisors paid on commission)
- kiba 16y ago
  I find it important to know that people can't take my income just because I am rich or I am perceived to not be a valuable contributor to society. I am not at all rich, but I am a rather spoiled college student funded by taxpayer money in the form of scholarship. (though I actually work for it in the form of grades...but it's still not my money) Even so, I don't want loophole that can be used to take people's property away from them. Once you take property from the rich, you could conceivably begin to take away property from the middle class, and then classes under that until all property are owned by people in power. The rule of law is a very important concept. It's something that I wouldn't want to violate to right perceived unfairness.
  - beoba 16y ago
    You're mixing up property rights (what you already have) with income tax brackets (what you're getting).
    - kiba 16y ago
      Money are your property. Therefore taxation(taking money by coercion) is a form of property right violation. The Constitution also have another loophole that allow the government to take property for "just compensation". Intellectual property right also violate property right. People do indeed make exceptions. Some are big, and some are small. They just think they are justified. The more exceptions there are, the more people are at liberty to make new exceptions for property right.