MLUG: Re: [MLUG - DISCUSSION] Where Is the Wealth of Nations?
Re: [MLUG - DISCUSSION] Where Is the Wealth of Nations?
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There is a country where hard work and determination does not pay off?  I
think it just doesn't pay as well in every country.  You don't seem to
want to say it, but I think you would prefer Denmark or Norway to Ecuador
or Bolivia.  If we taxed income exceeding $3,000,000 at a rate of 90%,
your hard work would still pay off, even after the first $3,000,000 in any
single year.
 
Not really, because if I were smart, I would either find a way to hide any income over 3 million, or I would stop making money at just short of 3 million. Chances are, I would find a way to hide my additional income before I allowed the government to take 90% of it. 


That's a good answer Vern -- we don't know the answer.  Why then are "bad
choices" and "good choices" consistently used as reasons for maintaining
massive differences in wealth and power between rich and poor?  The fact
is, rich people are mostly born that way and they might make all kinds of
really bad choices but they remain rich.  A poor person who makes nothing
but good choices might become rich, or he might get stuck with some really
difficult challenges like feeding his hungry siblings.
 
Yes, I will give you this one. We are not given the opportunity to choose our parents or our siblings, and if you love them, sometimes you have to make a choice to take care of them. This is still a choice, for good or bad. When I was living in the garage, I was living there because I was taking care of family members and paying for their health care costs. It was my decision to do this and it was financially challenging and draining. I am not asking for anyone's sympathy. Was that a good or a bad decision? Well it was a bad decision for me and my family and it cost us dearly, but it was the choice I made to live up to my own morals and ethics about family.
 
I was not out there asking the government to take care of me though, and I don't think I ever asked a rich person to send me any of their money to help out.
 

Maybe what you did was the best you could do under the conditions you were
living in, with your knowledgebase and your resources, your choices were
sensible, but in retrospect you can see better options.  Maybe you didn't
trust that some path was going to lead to a good outcome, but now you look
back and think that it would have.
 
True, but again, I am not asking the government to help me... well correction, I did get some government grants to go back to school.


Are they?  And in this they are unlike other people?  For example,
Republicans are different?
 
Well obviously I tend to think they are. When a liberal hears about a woman that is killed by a mountain lion, and more money gets sent to the mountin lion cubs trust fund than the one set up for the now motherless children, I tent to think that is an emotional reaction.
 
The way I see it, the democrats want to provide handouts to the needy by taking it from the rich. I like to say that this is a lot like feeding the wild bears at Yosemite. There are signs all over that say, "Don't feed the bears" why is that? Because if you feed the bears, they become dependent on it and become dangerous when the handouts stop.

 



--
Thanks
F Vernon Green
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