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originally posted by: eriktheawful
Then of course that limit puts limit on other things. Someone realizes that the thing they've created that's making them quite rich, is going to go over that limit. What to do?
Why you stop producing it. Lay off the people that are helping produce it, and stop selling it.
While I'm sure that having a hundred million is certainly more than enough to live off of (it certainly would be for me), I certainly would not want others just taking everything after that from me. I earned it. I created it. It belongs to me.
It doesn't lift everyone up. It only brings many things down.
So what then? Now you have a shortage of it. People start yelling about not having it.
Let's vote someone in that will pass laws that keeps someone from not only making too much money, but let's also make laws that they can't shut it down either, they must keep it going so we still get our stuff, and the government can just take all that money past the cap.
Hey! Gov. will LOVE that idea! More money for them! (oh you thought they were going to give that to you? Ha! They got some very expensive tastes....I mean 800 billion a year for the military alone!)......and then, since they were given the power to put that cap in money in place......why not lower it a bit? I mean 200 million is too much, really, let's lower it to 100 million........and then later, we can do it again and drop it to 50 million......
Know what? We just can't stop spending! We need more money!
That's it, you can't make more than a million, everything beyond that is OURS! And we can do it! You let us!
originally posted by: Eilasvaleleyn
Corruption must be taken out of the government.
Why should people who were smart enough to get rich be punished (and that's exactly what it is: punishing them).
After a while, NO ONE would strive for it. Instead, they either leave, or simply do not work as hard to get that high. Not if they are going to be punished for it and have that much taken from them.
Two kids, two lemonade stands. One kid makes his lemonade taste really good. He puts a lot of effort into it. The other does a quick job, and his lemonade doesn't taste that good.
The kid who put the hard effort into it is selling more, and making a lot more money than the other kid.
Someone comes along and decides that's not fair, and takes 90 percent of what the kid who made the most money.
Flat tax. Flat tax is fair.
its very backwards that wanna be entrepreneurs dont want to pay people enough to live in a house and have the common necessities for life, even though they depend on the working class and the society that allows them to practice capitalism.
originally posted by: BuzzyWigs
Because, as I learned yesterday, if you do the 'annuity' payout - well, when you die, you can't leave it to your kids.....