Quote:
Originally Posted by MTK
Not sure what's so hard to understand about shifting wealth, taxing the super wealthy and creating jobs by focusing on infrastructure. Maybe try reading up some more rather than glossing over? There's plenty of info out there, surely you don't need to be spoon fed.
|
There is an inherent problem in shifting wealth. It is called human nature. For it to be successful it has to defy human nature at both ends of the wealth points. At the low end there has to be a cut off, let's say $30k(but it could be any number). If a person gets assistance at 29k but less at 31k human nature will have a lot of people stop trying to get to 31k. At the top end a lot of people will shift their wealth so that it is not punitively taken. So ultimately the burden falls on those who are making over the low point and under the high point. Further as more people at the ends follow the natural path the government is forced to raise the low end and lower the high end. This becomes a dangerous spiral and the end result is what we saw in Greece or more pronouncedly in the former Soviet Union.
Sent from my S6 Edge