The wealthy and corporations will pay their "fair share", if Biden is elected

Huh? But you wouldn't. They'd take it from you. I think that was prof P's point.

 

If they are five times as productive, they should get five times more money. Not 500 or 5000 times.

 

Actually things are more expensive because the dollar becomes less and less valuable as government continues to print more out of thin air. Inflation is caused by government increasing the money supply in order to pay its bills. It is a tax in effect on me and you and even the super rich.

 

How do you measure the productivity of employers? You can measure the productivity of a worker or a company. Work with those. The employer earns his money by taking risks and building a business. I speak from experience.

 

isn’t it ironic the same people that bash trump the debt, won’t tell Nancy P to compromise on a cheaper relief bill?

 

depends on the job they are doing, not every job has the same cost of labor

 

Only the market can measure value.

Only in a free market. We don't have a free market. In modern finance capitalism, people are often rewarded more for preventing production by others than for their own productivity.

Only production can earn a reward. Risk taking earns nothing. Criminals take more risks than businessmen, but they don't earn anything. Building a business is only productive if that business is productive. Many businesses are not productive, they just extract economic rents.

And no doubt your experience tells you that you deserve 500 or 5000 times as much as one of your employees....

One thing I have noticed about the super-duper uber-rich: they invariably believe they are entitled to much more than other people, and often don't much care how they get it.

 

You won't have more, they will take it from you and give it to the lazy folks so they can have the same as you.

 

And even paying higher taxes they still do.

 

I make 12,000yr, now I get a job and make 40,000yr but they take half. 20,000 is still way more than 12,000.

 

Republican defense of millionaires and billionaires is one of the reasons I am not a Republican.

I am not a Democrat.

 

Top 1% makes more money then bottom 50%. Hundreds of thousands of people die each year in USA from preventable causes.

Billionaires and Millionaires could pay more taxes and still be rich. This money could save hundreds of thousands of lives.

 

How will that happen if it's taken from them?

 

Answered.

 

The principle you enunciated was that they had a right to take what you made, not just half.

 

No I didn't. You guys really don't understand the concept of moderation

 

Yes, you did. See your post #220 in this thread.

You didn't enunciate a principle of moderation.

 

Nope, still didn't.

 

Yep. Still did. I invite you and readers to look at what post #220 actually says. Oh, here:

Pretty unambiguous.

 

Definitely. If someone is making $3M a year and they pay $2M a year in taxes, they will not suffer.

But about a hundred lives could be saved with $2M per year.

 

Please point out where it says take everything. I'll wait.

 

And they will very quickly refuse to make $3m a year. They'll choose instead to make $2m, and thus be left with $1.5m in pocket - and so on and so on until there are far fewer millions available to 'save' people.

You can't change human nature, you must work with it.

 

In Scandinavia, limited Socialism did work out.

 

In Scandinavia, WHEN it worked, there were small populations of very united people, all of the same old and solid culture. Can never work outside of those parameters. And it wasn't socialism anyway - it was agreed upon use of the proceeds of capitalism.

Let's not forget either, that it's perfectly reasonable to have these kinds of programs in a populace with a strong sense of social responsibility, and a shared work ethic. Put those kinds of programs in a populace without a shared work ethic, and no sense of social responsibility, and it's a costly disaster. It ends up being exploited and abused, thus robbing the genuine of the support they should have.

 

Inflation is taken into account. The Reagan giveaway to the rich and screwjob for everyone else continues along with the disgraceful GOP propaganda machine he made possible.