Willtor
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- Apr 23, 2005
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It seemed as if the poster I was replying to was hung up on the fact that the CEO made x-times what the employees made...
What's also true in other countries is that they're trying to achieve that goal with a "demonize the rich" mentality.
In the US, people have been sold on this false idea that the reason we can't have all of those things is because the rich are being stubborn about paying more in taxes. This notion that..."They're resisting paying 39% instead of 35%...that's why we have problems!"
https://en.wikipedia.org/wiki/List_of_countries_by_tax_rates
We have the 6th highest max tax rate in the world on our wealthy folks, and the highest corporate tax rate in the world.
I don't think the issue is needing even more money for distribution...I think the issue is that the government needs to have some accountability and make some smart decisions with the $3 Trillion they already get every year before going back to the well to get more.
Reign in military spending, end the costly war on drugs, stop some of the foreign aid, stop the massive subsidies and bailouts, stop spending money on expired programs (http://thehill.com/policy/finance/241304-mccain-highlights-billions-in-wasteful-government-spending)
All of these things are ways to free up funds they already have rather than having to go back and dip into peoples' wallets again.
I think the x times salary is a problem, but it's a different problem. And I don't have a solution for it.
How we pay for universal healthcare, care for the elderly and sick, house the homeless, etc., is a closely related issue. Certainly, things like heavy military spending, the war on drugs, etc., are all tremendous sinks. If we can pay for former programs by siphoning off the latter, I'm all for that.
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