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That's because having that much money gives you disproportionate power. That power should come at a cost. Democracy is supposed to represent each individual equ
by close04 7y ago
That's because having that much money gives you disproportionate power. That power should come at a cost. Democracy is supposed to represent each individual equally yet money (powerful lobbies) have swayed that in the favor of a very small few since forever. If equality is important when paying taxes then it should be equally important when pulling strings.
And if we're talking about fairness if you were always happy with one of these imbalances then it's only fair to accept the second.
- czbond 7y agoEdit: Why would taxing "power" solve anything? We tax responsibilities and assets. Sure there are massive inequalities in the US - but it is not because of "wealthy people". I could suggest it is because of the mainly failings of humans as a barely evolved species to create scaleable entities (businesses) as it requires a huge human effort, skill, luck, and capaiblity to do. Most humans give up on the really hard stuff required to build strategic levers that multiply their monetary outcomes. And instead focus on small ROI skills (monetarily speaking). I disagree - I believe this is mostly projection. Most wealthy people aren't exorbitantly wealthy. There are 607 billionaires in the US (thats not many). They're not all hiring lobbyists, and trying to corrupt the US. Neither are the deca-millionaires, they're just either building things (businesses to employ others) or getting better at their craft.
- close04 7y agoYou did not object to the fact that democracy does not give each individual equal share of power as one would expect. Since you don't object to the perversion of democracy you should not object to the perversion of the taxing system... mainly due to failings of humans as a barely evolved species to create scaleable [taxing systems].