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>it'll not harm the rich, I'll tell you that. Inflation, once it is an actual problem, can be taxed away and we can structure that tax progressively. The rich
by omegaworks 7y ago
>it'll not harm the rich, I'll tell you that.
Inflation, once it is an actual problem, can be taxed away and we can structure that tax progressively. The rich will pay their fair share.
https://www.vox.com/future-perfect/2019/4/16/18251646/modern-monetary-theory-new-moment-explained https://www.vox.com/future-perfect/2019/4/16/18251646/modern...
- tathougies 7y agoThey'll just leave the United States, then? Why is it 'fair'? They made their money by giving people things they wanted in exchange for money the people were happy to give them. How is taking it back fair?
- omegaworks 7y ago> They'll just leave the United States, then? American citizen expatriates pay tax. >How is taking it back fair? We live in a society. :)
- tathougies 7y ago> American citizen expatriates pay tax. Not if they give up their citizenship for a small fee. Plenty of countries want rich citizens and would be willing to give them citizenship. > We live in a society. :) Oh, so because society is stronger than one individual, it's right for them to exercise their force? That sounds like might makes right. Your ethics are atrocious. Part of that society is that if two people agree to give each other money in exchange for things, the one who pays cash for an equivalent asset doesn't come asking for it back. Otherwise, you must be okay with employers asking for wages back.
- omegaworks 7y ago>Your ethics are atrocious. Now you're just engaging in personal attacks. "Taxation is theft" libertarian dead-ender thinking. You're going to have to do the work yourself of understanding that there is a cost to maintain the system that enables your exchange and varying opinions as to who should pay that cost. Asserting that the cost doesn't exist is fanciful ignorance. Good day.
- viklove 7y ago> They'll just leave the United States, then? Good, they're leeches on society and add nothing of value. If they added value, they wouldn't pay their workers the bare minimum and list them as contractors so they don't get health insurance. Let's encourage more compassionate corporations to expand their operations, and force greedy corporations out. I think we'll all be better off for it.