Originally posted by Silat
That is 1% of the people control 75% of the wealth. That is why they should pay more. They have more. Its really very simple but the reps and the right leaning media have somehow convinced their supporters that helping the super rich is the right thing to do. They dont need our help.
Please list all the rich (top 1% of individuals and corps) that built a factory with their tax break. And building it in Mexico or the 3rd world doesnt count.
If you're categorizing everyone in that top 1% as 'super rich', you're deluded.
And even if you're not, I simply fail to understand how you have any entitlement to the wealth created and controlled by somebody else. They pay their percentage share, which should be proportionate to yours. They have more, so they pay more. Above and beyond that, any claim to their stuff seems completely contradictory to the concept of ownership. If you can prove criminality in the acquisition of any of the aforementioned wealth, go ahead and strip them of it. Otherwise, I see no logical reason to give you, or anyone else for that matter, control of funds and property that you played no role in creating or maintaining. It's not yours, so just pretend it's not there.
If you want to set an example and let homeless people into your home to give them a cut of your weekly groceries, your books, you DVDs and whatever other valuables you might have, go ahead.
Personally, I believe that the best people to control this wealth, are exactly those who created it. Even those who inherit their way into the top 1% certainly can do no worse than the federal government.
Thank god for the tax attorneys.