[quote=jstoesz]I think we all understand your goals jp and CAR, and they are not wrong. I think most everyone wants the middle class to be making more money, and top executive compensation to go down.
Where we disagree is how to go about having this happen. Your solutions, at least in my eyes, will corrupt society making it more dependent, not less dependent on government, entrenching an unproductive class of “workers.” We all want the middle class to have more money. But I want them to earn more because they are more productive, not because they wrangled more money out of the rich people and stuffed it into their pockets. We should think up constructs where people are encouraged to be productive.
If people learn they can make more through coercion then increasing their production, we will have a society of thieves.[/quote]
Here’s where we disagree. The wealthiest Americans earn the majority of their money NOT from being productive, but from skimming off of the labor of the productive workers. We need to give that money BACK to the productive workers who earned it in the first place.
Not sure where you get the idea that “workers” are unproductive. If they are unproductive, can you point us to a single example (country, etc.) where they don’t exist (since they are “unproductive,” their absence shouldn’t affect things for the worse), and where things have turned out well over a period of time?
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“Since almost 75% of the income for the top 400 comes from capital gains and dividends, it’s not hard to see why tax cuts on income sources available to only a tiny percent of Americans mattered greatly for the high-earning few.”
