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No rich people benefit more. They rely on the rule of law in a nation state to protect their assets and provide a supply of goods and services. And they don't
by badcppdev 3y ago
No rich people benefit more. They rely on the rule of law in a nation state to protect their assets and provide a supply of goods and services. And they don't pay much for it (in percentage terms definitely).
- f233f2 3y agoPoor people cause much, much, much more work to law enforcement and the judicial system than rich people.
- ubercow13 3y agoThat too is benefitting rich people more than poor.
- f233f2 3y agoRich people can hire private security. Poor people can't. In terms of raw numbers, law enforcement's job is to protect poor people from other poor people.
- tgaj 3y agoYeah, because white collar crimes do not exist and do not cost billions of dolars. Sorry for being sarcastic but seriously...
- wasmitnetzen 3y agoYou can easily be poor without a working government, being rich without a working police and judicial system is much harder.
- michpoch 3y ago> They rely on the rule of law in a nation state to protect their assets and provide a supply of goods and services. Which as a result let their companies prosper and that benefits the employees. > And they don't pay much for it Not true > (in percentage terms definitely). Why would it matter?
- badcppdev 3y ago"Why would it matter?". There are many historical and current day examples of the problems in societies with very high wealth inequality. I don't want to live in a dystopia with _untouchable_ hyper wealth individuals so I believe that governments should make it very hard to stay a billionaire and virtually impossible for people to inherit that level of generational wealth from their family. I am very keen for levels of taxation (and the closing of all the loopholes) that would force billionaires to liquidate significant percentages of their assets to pay taxes as I think it will encourage them to work a bit harder. After all if they managed to become a billionaire once they must be very clever, right?
- michpoch 3y ago> I am very keen for levels of taxation (and the closing of all the loopholes) that would force billionaires to liquidate significant percentages of their assets to pay taxes as I think it will encourage them to work a bit harder. After all if they managed to become a billionaire once they must be very clever, right? Even almost all their "assets" are stocks in the companies they created? Would the idea be that the founders of these companies should lose control over them?
- badcppdev 3y agoThey would only lose control if they were incompetent and it was just luck that put them in control in the first place. The suggested wealth tax is 2%. I have no concerns that a billionaire capable of creating a multi billion dollar business would have any issues raising $20 million per year to sort out their tax bill. Are there any billionaires you're worried about in particular?