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(Real) Wealth gains and the distribution of it.

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nwr
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Posts: 6412
From: Geneva, Illinois
Joined: 08-08-2005
Member Rating: 5.3

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Message 5 of 12 (787406)
07-12-2016 3:25 PM 		Reply to: Message 3 by Phat
07-12-2016 1:43 AM

Re: Reality Must Consider Everyone
Its all well and good to talk about worldwide standards but the fact of the matter is this: Where would the money come from? Would those individuals who "had" to give it up really want to give it up? Would there be a fight?
I see that as a misunderstanding.
​
Money isn't a thing. Rather, it's a token that we use to manage the exchange of goods. If productivity increases, there can be more goods for everyone. Nobody has to give up anything.
Fundamentalism - the anti-American, anti-Christian branch of American Christianity
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nwr
Member
Posts: 6412
From: Geneva, Illinois
Joined: 08-08-2005
Member Rating: 5.3

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Message 8 of 12 (787419)
07-13-2016 12:01 AM 		Reply to: Message 6 by LamarkNewAge
07-12-2016 5:15 PM

Re: Reality Must Consider Everyone
I always have said that the best way to reduce taxes (for those so obsessed with it) is to double (or triple or quadruple) the average income, then the flood of revenue could enable future tax cuts.
You have to start with food, shelter, etc.
Fundamentalism - the anti-American, anti-Christian branch of American Christianity
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