We are a commune of inquiring, skeptical, politically centrist, capitalist, anglophile, traditionalist New England Yankee humans, humanoids, and animals with many interests beyond and above politics. Each of us has had a high-school education (or GED), but all had ADD so didn't pay attention very well, especially the dogs. Each one of us does "try my best to be just like I am," and none of us enjoys working for others, including for Maggie, from whom we receive neither a nickel nor a dime. Freedom from nags, cranks, government, do-gooders, control-freaks and idiots is all that we ask for.
Tax the heck out of the 1% to reduce inequality? As a person happy to be in the 1%, albeit in the lowest reaches of it, I wonder how many people would simply decide that working doesn't pay? When 50% of your income is taken, are you really still working for yourself and your family? Or are you simply subsidizing political campaigns?
I suppose the Tiger Woods could retire for the year after winning a single golf tournament. Brad Pitt could make half-a-movie.
Or Derek Jeter could play in four games. In Canada, doctors have income caps but lawyers and accountants do not. Docs quit working for the year when they hit them, and open other businesses on the side. I have heard that wine shops are popular with them.
I see that the economics-challenged Charles Blow is on the same trail, agonizing over the data that most Americans are neither particularly envious of, or angry with, the prosperous. He also wants to tax the heck out of the prosperous, not for the cash, but for fairness. It would be more fair to lobotomize the rich. Why not?
--actually, there were 15 --Mel Brooks dropped one of the tablets in transit to the ark. Of course, altho no one was able the remember what the five were, my guess is that one of them must've forbade voting for Democrats.
Oh wait, that's what all ten of the regulars do!
Anyhoo, re hatin' on the one percent, personally i really enjoy bright energetic purposeful people --what am i missing? Where did i go wrong? Did they do something to me that i forgot to be mad about? Shucks, i don't wanna be a sucker --guess i better wise up & hate.
I didn't realize that I got that wording from the King James Version which lists VI as "Thou shalt not kill.", but I have it on good authority that the more accurate (and older text) has the wording of the Sixth Commandment is "Thou shalt not murder." or words to that effect. There is a big difference between the two and the latter makes more sense to me.
What to make of the notion then that the "poorest" American is in the top 1% of the world, or close to it. Certainly if percentages were reported in terms of utilized capacity....
This idea that anyone in this nation is deprived of opportunity or material wealth is silly. Wal-mart on Black Friday (Thanksgiving night for some of us) tells you just how unjust our system is, and that people merely rise to the level of their own incompetence. (fat, poor, spoiled, and ignorant...) Standing in line for hours, oh the humanity, the gulags are upon us.
Besides being a great distraction, the protests are very revealing of the true nature of their adherents. I wonder if the "poor" will ever thank them once true poverty is unleashed by the anti-capitalists?
Re Tax the heck out of the 1%. Well if this does happen, out of fairness it should include every individual or institution, even nominally tax exempt ones like Yale University. Once Yale's annual income from donations and earnings on its endowment hits the magic limit, everything they receive above it should be subject to tax and taxed without mercy. When schools like Yale hoard money, the resulting concentration of wealth and power represents a threat to true democracy in this country.