More Wealth Distribution Nonsense

#1
TennNC

TennNC

a lover, not a fighter
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#1
"The necessaries of life occasion the great expense of the poor...The luxuries and vanities of life occasion the principal expense of the rich, and a magnificent house embellishes and sets off to the best advantage all the other luxuries and vanities which they possess...It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion."
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Any guesses as to what crazy Socialist said that?
 
#5
#5
TennNC said:
Any guesses as to what crazy Socialist said that?
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My guess is that if he knew what context you were using his argument in, he'd probably smack you with his "Invisible Hand". :p
 
#11
#11
More from Adam Smith:

"The natural effort of every individual to better his own condition... is so powerful, that it alone, and without any assistance, is not only capable of carrying on the wealth of society to wealth and prosperity, but of surmounting a hundred impertinent obstructions with which the folly of human laws too often encumbers its operation."
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"What improves the circumstances of the greater part can never be regarded as an inconveniency to the whole. No society can surely be flourishing and happy, of which the far greater part of the members are poor and miserable."
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#12
#12
The entire taxation system is a form of redistribution of wealth. Don't criticize Obama or McCain as if they are the theorists who came up with the system.

Now, its just a question of from whom you take it via taxation and to whom, via government spending or tax breaks, you "give it." No matter how you slice it, when either of them talks about shifting the tax burden around then they are BOTH talking about wealth redistribution.
 
#13
#13
adam_smith_1.png
 
#14
#14
lawgator1 said:
The entire taxation system is a form of redistribution of wealth. Don't criticize Obama or McCain as if they are the theorists who came up with the system.

Now, its just a question of from whom you take it via taxation and to whom, via government spending or tax breaks, you "give it." No matter how you slice it, when either of them talks about shifting the tax burden around then they are BOTH talking about wealth redistribution.
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do you know anything about the tax system? Do you know when the gov't started robbing it from payroll checks? Do you know how it became this bastardized progressive piece of garbage that we have?

It's absolutely a freaking socialistic piece of trash. Flat tax or consumption tax are much more fair ways to approach the system, or less socialistic at the very least. However, neither of those systems would be vote getters like the promise of someone else's money has proven to be.
 
#15
#15
BigPapaVol said:
do you know anything about the tax system? Do you know when the gov't started robbing it from payroll checks? Do you know how it became this bastardized progressive piece of garbage that we have?

It's absolutely a freaking socialistic piece of trash. Flat tax or consumption tax are much more fair ways to approach the system, or less socialistic at the very least. However, neither of those systems would be vote getters like the promise of someone else's money has proven to be.
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Dont forget about Lincoln............
 
#16
#16
the only solution is the fair tax. nobody should be taxed on what they earn, only on what they spend.

that way, Warren Buffet won't be able to hide behind his 100k/year salary as a tax dodge.
 
#17
#17
MG1968 said:
the only solution is the fair tax. nobody should be taxed on what they earn, only on what they spend.

that way, Warren Buffet won't be able to hide behind his 100k/year salary as a tax dodge.
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How would democrats penalize hard work?

:dunno:
 
#20
#20
BigPapaVol said:
do you know anything about the tax system? Do you know when the gov't started robbing it from payroll checks? Do you know how it became this bastardized progressive piece of garbage that we have?

It's absolutely a freaking socialistic piece of trash. Flat tax or consumption tax are much more fair ways to approach the system, or less socialistic at the very least. However, neither of those systems would be vote getters like the promise of someone else's money has proven to be.
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We are agreeing with each other that the tax system is, by definition, redistributing wealth. My point was that McCain's supporters blasting Obama for "wealth redistribution" is intellectually bankrupt because no matter who tinkers with the tax system or how they are by definition redistributing wealth.

What the McCain camp is really arguing -- and doesn't want to quite put it this way -- is that McCain favors leaving in place tax cuts for the wealthy whereas Obama proposes to roll back the cuts and give a tax cut to the middle class.

Its just that McCain doesn't want to put it that way. And I can't say that I blame him for wrapping it in that language, as misleading as it is.
 
#21
#21
lawgator1 said:
We are agreeing with each other that the tax system is, by definition, redistributing wealth. My point was that McCain's supporters blasting Obama for "wealth redistribution" is intellectually bankrupt because no matter who tinkers with the tax system or how they are by definition redistributing wealth.

What the McCain camp is really arguing -- and doesn't want to quite put it this way -- is that McCain favors leaving in place tax cuts for the wealthy whereas Obama proposes to roll back the cuts and give a tax cut to the middle class.

Its just that McCain doesn't want to put it that way. And I can't say that I blame him for wrapping it in that language, as misleading as it is.
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I'd say that's no more misleading than Obama saying McCain's tax plan is going to give the rich tax "breaks". It's still not a break if you're paying way more than everyone else.
 
#22
#22
kptvol said:
I'd say that's no more misleading than Obama saying McCain's tax plan is going to give the rich tax "breaks". It's still not a break if you're paying way more than everyone else.
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Its a break relative to current levels. And actually its more a question of whether to roll back the Bush cuts to go back to levels they paid in the 90's.

Look, both are looking to redistribute wealth. Its a question of from who and to who. Obama is proposing to tax the wealthiest at higher levels and cutting middle class taxes, which of course appeals to a much wider group of people than McCain can with his proposal, which benefits a smaller number.
 
#23
#23
kptvol said:
I'd say that's no more misleading than Obama saying McCain's tax plan is going to give the rich tax "breaks". It's still not a break if you're paying way more than everyone else.
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:clap:

you mean it's also not quite fair to say mccain is giving exxon mobil a tax break and not point out that microsoft, his buddy buffett, and apple would also get hundreds of millions in tax breaks?
 
#24
#24
lawgator1 said:
We are agreeing with each other that the tax system is, by definition, redistributing wealth. My point was that McCain's supporters blasting Obama for "wealth redistribution" is intellectually bankrupt because no matter who tinkers with the tax system or how they are by definition redistributing wealth.

but the McCain camp is arguing from a relative basis. We have two directions to go: more socialistic or less socialistic. They are absolutely right in blasting Obama for seeking further INCOME redistribution.

What the McCain camp is really arguing -- and doesn't want to quite put it this way -- is that McCain favors leaving in place tax cuts for the wealthy whereas Obama proposes to roll back the cuts and give a tax cut to the middle class.

not in the least. You're implying that the tax breaks are some gift. The tax breaks are allowing taxpayers to keep more of their very own money. Obama is lying about middle class tax cuts but is also BRAGGING about raising taxes on the wealthy, which is pathetic.

Its just that McCain doesn't want to put it that way. And I can't say that I blame him for wrapping it in that language, as misleading as it is.
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see bold.
 
#25
#25
Why is it "more socialistic" to have a tax break for the middle class and roll back the tax breaks for the wealthiest?
 
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