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In reply to the discussion: We should tax wealth apart from income...and put a backstop to prevent capital flight [View all]NoOneMan
(4,795 posts)154. And I am to yours
I've spent a very long time advocating for equality, etc, but I've finally seen the entire system as something malevolent to our very survival and condition, and not something I want to continually prop up and along.
However, we're no worse slaves than most peasants have been since the advent of agriculture and much more physically comfortable.
No, you're no worse. The same cannot of course be said of many Africans facing famine and drought. Something that I still find disturbing is that despite every comfort we are given, mental illness, depression and distress is quite prevalent. I cannot completely agree that these "comforts" are really compatible with how natural man (according to our evolutionary biology) might "prefer" to live (defining preference by states that produce optimal chemical balances in the brain). In any case, we can not clearly argue that we are "happier" than a foraging population that has far less in terms of comforts and technology, but rather, we are no worse off than any other group of agriculturalists.
At that point it is likely that pandemics and environmental degradation will already have triggered a mass extinction.
The killer is going to be famine most likely.
So, we have to save the world or perish.
The world will be fine. Its industrial civilization that is on the brink. Most people looking to save something are trying to save their standard of living by striking a balance, but we are so so far out of possible balance. And with billions more clamouring from the third world to live like us, we haven't a shot.
All I'm interested in are solutions to that problem
The problem is our separation with nature due to being consumed by a game system that depends infinite growth fueled via environmental exploitation. Eliminate the game and the problem ceases to exist. If you are looking for solutions from the government to "fix" everything, its not going to happen; the rules of the game prevent this. The only solutions we can obtain are probably at a regional network to establish resilience (like Transition networks).
What do you think?
I think what we do has zero impact on the system. Any reduction in consumption we make frees up resources for the system to grow via other means. So, do what you must to enjoy life. Every second. If it is in your conscious to raise awareness, go ahead. If you wish to build resilience and stretch out your existence, go ahead. Just don't waste a second, but let go of the notion that we can save everything in my opinion. Don't fill our moments with struggling for a machine that will ultimately destroy us; struggle instead for your humanity and embrace everything it has to offer you.
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We should tax wealth apart from income...and put a backstop to prevent capital flight [View all]
srican69
Jan 2013
OP
goods. There's plenty of gov't computing power to record insurance, real estate taxes, stock gains
leveymg
Jan 2013
#128
the wealthy have tons on money locked up in paintings ... but imagine the industry such a law will
srican69
Jan 2013
#32
intention is not punish savers .. but to get those who have gotten really wealthy to do their bit
srican69
Jan 2013
#13
My husband is self-employed. Can't get a smaller business than that. (And yes, it is a business.)
GreenPartyVoter
Jan 2013
#127
like you pay income tax on full income ( after fica tax has been paid)? ... then Yes
srican69
Jan 2013
#37
The US is a third world country. Just look at our elections, healthcare, poverty.
Scuba
Jan 2013
#43
You don't get it. "No running water, no sewage systems" etc is true for lots of Americans.
Scuba
Jan 2013
#131
If they stopped with the false equivalencies, they wouldn't have much to work with...
a geek named Bob
Jan 2013
#138
Something like what you said ... in the early years it was not as much of a problem, but
RKP5637
Jan 2013
#8
That's what inheritance taxes were/are for, and that's why it needs to be tightened
Egalitarian Thug
Jan 2013
#11
I have elderly relatives who have a "net worth" of more than half a million, because of their house,
Nye Bevan
Jan 2013
#31
Tax on over50 mil in assets would simply be a claw back on stolen money, IMHO
grahamhgreen
Jan 2013
#38
If someone dies with a $50 million dollar estate, we'll get a pretty big chunk of that.
dawg
Jan 2013
#44
We should 40 million as payback to the society that generated the wealth, I believe.
grahamhgreen
Jan 2013
#73
Yep, all those huge piles of idle money need to be fragmented and put back in circulation.
bemildred
Jan 2013
#45
In a nation in which Walmart is the largest employer ANY accumulated wealth is disproportionate
Demo_Chris
Jan 2013
#52
You Are No Better At Expressing An Opponent's Points Than At Anything Else, Sir
The Magistrate
Jan 2013
#86
So, yes, you think the wealthy will not use their capital to adjust to this continuous wealth tax?
NoOneMan
Jan 2013
#95
"if we make them poorer they will actually have fewer resources with which to kill us all"
NoOneMan
Jan 2013
#116
I definitely support this in theory, but the devil is in the enforcement details
Wednesdays
Jan 2013
#55
I think you hit on the winning argument: "Not as bad as the bolshevik revolution". (nt)
Nye Bevan
Jan 2013
#84
A Sales Tax with Exemptions for Food, Healthcare, Education, Clothing, and Housing Would Be Better
Yavin4
Jan 2013
#64
Every business owner faces the same risks, but only the investor class enjoys low taxes on the profi
Demo_Chris
Jan 2013
#93
The vast majority of people hit by a wealth tax would be retirees, who are already
pnwmom
Jan 2013
#96
He can sell his million dollar home and buy an entire street in most of the country.
Demo_Chris
Jan 2013
#147