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We agree that its wealth redistribution by anyother name. Certainly. The difference is that taxing is done in the name of public/government interest whereas pr
by 0x4d464d48 6y ago
We agree that its wealth redistribution by anyother name. Certainly.
The difference is that taxing is done in the name of public/government interest whereas profit sharing is done in the name of private/individual interest.
- lifeisstillgood 6y agowhat i am trying to say is that if a government supplied sufficient upfront investment in education (which is basically what's going on here) then no student would have an incentive to add an additional lieu on their future earnings. and governments should see education if their citizens as an investment repayable through future taxes
- mkingston 6y agoOne complicating factor: the repayment on this investment could very well be collected by another government, should said citizen leave. A similar problem to that of businesses financing education of their current or prospective staff.
- 0x4d464d48 6y agoFunctionally, sure. Im totally on board with that and think its both practical and noble. What Im saying is that although taxation and dividend distribution are both wealth redistribution from an individual/entity with capital they are different in wthe underlying reasons for why they are done and who the intended beneficiaries are.