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Teabonics Sign of the Day

460
Obdicut (Now with 2% less brain)4/09/2010 3:41:21 pm PDT

re: #459 Aceofwhat?

It seems that Existential simply can’t understand that different people have different thresholds for what they believe will “depress the economy”, and voting against taxes for that reason is not “voting to help the rich”. This class stuff, really, it’s not helping me shy away from terms like “income redistribution”.

Well, the current system over the past twenty years has been a system of income distribution, and we can see this because wealth has continued to be concentrated more and more in the hands of fewer and fewer.

Given that in capitalism having capital and the ability to use it is a huge advantage, any economy that does not in some way penalize or tax the acquisition of wealth will inevitably lead to wealth being concentrated in the hands of the ubercapitalists— even if who those are change by generation. And when you allow inhuman entities to keep wealth— corporations— that exaggerates the effect hugely.

So if you want to go the ‘income redistribution road’, feel free, but make sure to include that income redistribution under the current system is in favor of the wealthy.