dilemmanade
Friday, August 17, 2012
 
Tax the rich, and feed the poor.

If it's too easy to get by (minimum wage, unions, social security, unemployment insurance) working people won't work hard enough.  We can't coddle them or they'll be de-incentivized.

But wait.

If it's too hard to get richer (taxes, regulation), rich people won't work hard enough.  We must coddle them or they'll be de-incentivized.

And of course it's all nonsense, the opposite of true.  Whatever floor you give the poor, most are going to try to achieve more and get ahead because that's what most people want to do.

And the rich don't stop being greedy when we tax them more.  In fact they work harder because they still want to be richer than they already are, and richer than everyone else.

Problem solved: tax the rich, and feed the poor.

More: If it's too easy to get rich fleecing large populations with shared monopolies (banks, oil companies, insurance companies, etc.), the rich won't want to do anything else.
 
When life gives you dilemmas, make dilemmanade.

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