The discussion revolves around the concept of wealth distribution in the United States, questioning what constitutes a reasonable distribution and exploring the implications of fairness and justice in economic systems. Participants engage with theoretical, moral, and empirical perspectives, examining the roles of class, age, and societal values in wealth accumulation and distribution.
The discussion features multiple competing views, with no consensus on what constitutes a reasonable distribution of wealth or the moral implications of wealth redistribution. Participants express differing opinions on the roles of class, age, and the ethical considerations surrounding economic justice.
Participants reference various studies and reports, but there are unresolved questions regarding the assumptions underlying these claims and the definitions of fairness and justice in the context of wealth distribution.
D H said:To one extreme, the only fair tax is a true flat tax: Billionaires and paupers alike should pay the same amount in taxes (not the same rate, the same amount).
I agree. That is why I dislike the claim and want the supporters to either justify or retract them.D H said:"Fairness" in taxation is IMHO a silly concept unless we work very hard to define what "fairness" means.
It matters immensely. The equilibrium point for a true flat tax would be that everyone would be poor, as would be the equilibrium point for a tax system that squelches all desire to improve oneself. Somewhere in between these extremes is a system that raises almost everyone to well above pauper level but that does have some people becoming much more wealthy than others.MarcoD said:To be honest. I don't think it really matters. If you're redistributing wealth, any tax regime will just stabilize around some equilibrium.
You have a very skewed view of the rich. Instead of focusing on the Paris Hiltons, I suggest you look to the Steve Jobs of the world.Tax the rich more, and they'll just take more from their companies/poor. The only reason we can't do flat taxing in my country is because the disparity with other countries would be too great.
D H said:Talking about "fairness" when it comes to taxation leads to all kinds of disingenuous debates in which one side talks past the other. What constitutes "fairness" is very much in the eye of the beholder.
To one extreme, the only fair tax is a true flat tax: Billionaires and paupers alike should pay the same amount in taxes (not the same rate, the same amount). The end result of this kind of thinking: Everyone is poor. The infrastructure that advanced governments build and the technicala investments that advanced governments make simply could not be sustained with this kind of "fairness". To another extreme, the only fair tax is one that makes everyone exactly the same. The end result of this kind of thinking: Everyone is poor. Modern society implicitly depends on some people being hungry for power, wealth, fame. Squelch these desires and everyone suffers.
In between these extremes you will see some who claim that a fair tax is one that taxes everyone at the same rate, while others will claim that a tax is fair only if it is progressive. A huge problem with talking about "fairness" is that what constitutes "fairness" is inexorably tied up with politics. Different people have very different concepts of fairness. You can see this conceptual disconnect in action right here in this thread.
Big as this problem is, there is an even bigger problem regarding discussing whether a tax is fair. Taxation, while absolutely essential to society, is also the ultimate in unfair activities. How can one talk about "fairness" when failure to comply means armed people will come and forcibly take your money from you? With the full force of the law behind them?
"Fairness" in taxation is IMHO a silly concept unless we work very hard to define what "fairness" means.
Vanadium 50 said:Propaganda, not science.
He asserts that class is the major factor here. It's not - you can see from census and BLS reports that what matters most is age. The wealthiest people are those who have either just retired or are just about to retire. Ignoring that is just bad science.
Perhaps his conclusion is right, but his argument is lousy.
MarcoD said:Trillion dude. Not billion. Now try again.
John Creighto said:Well, we should be able to easily test your claim .
Why should Mr. Bugger be helped by anyone?MarcoD said:Why, Ms Hilton needs a good reason to get off her pretty ***, and Mr Bugger could be helped with equal opportunities (which includes a safe environment, good housing, and the time to invest in itself.) And Mr Jobs never needed a good incentive to keep working, would end up massively wealthy in any case, and the worst Joe Sixpack is going to do is stimulate the beer industry.
Most of them earned it, at least in the US (the topic of this thread).John Creighto said:Did the man justly earn the money or did the man inherit the money.
You have a very skewed and very distorted view of the rich. While one can get rich by exploiting those who work for them in an underdeveloped nation, this thread is not about underdeveloped nations. This simply is not the case a modern society such as the US. Steve Jobs, Bill Gates, and Larry Page made the people who work for them very, very wealthy.Did the man earn the money on his own labor or expropriate it on the surplus labor of the worker?
Most obtained their money by playing within the rules. Yes, a few broke the rules. Most of them went to jail. What is your point?Did the man obtain the money by playing within the rules or was the money obtained by defrauding the people?
None of this seems relevant to the topic of fairness or justice. I think it is clear that Ms Hilton needs to get off her ***. I do not doubt that Mr Bugger could be helped. But how does that imply that taking her money and giving it to Mr Bugger is just?MarcoD said:Why, Ms Hilton needs a good reason to get off her pretty ***, and Mr Bugger could be helped with equal opportunities (which includes a safe environment, good housing, and the time to invest in itself.) And Mr Jobs never needed a good incentive to keep working, would end up massively wealthy in any case, and the worst Joe Sixpack is going to do is stimulate the beer industry.
Ugh. I just explained what the quote from the Declaration meant and you post this?!? C'mon. Please try harder.MarcoD said:Because Paris Hilton and some poor bugger in a suburb were born equally?
D H said:You have a very skewed view of the rich. Instead of focusing on the Paris Hiltons, I suggest you look to the Steve Jobs of the world.
Feel free to posit whatever scenario you are interested in. If you believe that it is just and fair to forcibly take money from someone only under certain circumstances then state those circumstances and argue why you think it is just and fair in those circumstances. If you think it is just and fair in all circumstances then the questions above are not relevant, and you need to prove your point from more general premises.John Creighto said:Did the man justly earn the money or did the man inherit the money.
Did the man earn the money on his own labor or expropriate it on the surplus labor of the worker?
Did the man obtain the money by playing within the rules or was the money obtained by defrauding the people?
Were the scarcities real or artificial created to extract greater rents for profits and services?
Were the rules set up to favor efficient markets or protect the wealth and earnings of those with interest and power.
Was there equal opportunity to obtain success through hard work or did the rules favor those well connected and with resources?
russ_watters said:Ugh. I just explained what the quote from the Declaration meant and you post this?!? C'mon. Please try harder.
That Paris Hilton was born into wealth and none of the rest of us were is unfair. Sure. That Michael Vick was born with unbelievable athletic talent and I wasn't is unfair. That some people get cancer and others don't is unfair.
These are the unfairnesses of life. These things happen with or without a government's intervention. What you, Ivan, turbo, etc. are suggesting is that government should correct these inequities.
I read a short story about this thread 30 years ago. It went like this: A government was created to enforce complete equality. In order to correct for physical differences such as intelligence and physical strength, everyone took aptitude tests and corrections were made: Each person was assigned a set of handicaps:
-A mask to obscure good looks.
-A weight belt to inhibit excessive physical strength.
-A headset with a noisemaker that made a loud beep at a set volume and interval to cut off an above baseline thought proces.
It sounds extreme and inhumane, but in today's world and in this thread, we're doing something similar: instead of inhibiting the inborn qualities, we're confiscating the results.
IN OCTOBER 2005, three Citigroup analysts released a report describing the pattern of growth in the U.S. economy. To really understand the future of the economy and the stock market, they wrote, you first needed to recognize that there was “no such animal as the U.S. consumer,” and that concepts such as “average” consumer debt and “average” consumer spending were highly misleading.
In fact, they said, America was composed of two distinct groups: the rich and the rest. And for the purposes of investment decisions, the second group didn’t matter; tracking its spending habits or worrying over its savings rate was a waste of time. All the action in the American economy was at the top: the richest 1 percent of households earned as much each year as the bottom 60 percent put together; they possessed as much wealth as the bottom 90 percent; and with each passing year, a greater share of the nation’s treasure was flowing through their hands and into their pockets. It was this segment of the population, almost exclusively, that held the key to future growth and future returns. The analysts, Ajay Kapur, Niall Macleod, and Narendra Singh, had coined a term for this state of affairs: plutonomy.
DaleSpam said:Feel free to posit whatever scenario you are interested in. If you believe that it is just and fair to forcibly take money from someone only under certain circumstances then state those circumstances and argue why you think it is just and fair in those circumstances. If you think it is just and fair in all circumstances then the questions above are not relevant, and you need to prove your point from more general premises.
If you don't care about justice and fairness and just want wealth redistribution regardless of ethical considerations then own up to that fact, and don't paint your arguments with a veneer of morality.
Baloney. There was no Morton's Fork in DaleSpam's post. He merely challenged you to justify the forcible taking that is inherent in taxation. It isn't hard to do so, and there is no need for an unwarranted charge of using a fallacy in making the case for taxation.MarcoD said:Paris Hilton got her minute of fame into this argument since we started off with a Morton's Fork.
Now that is a logical fallacy. It is in fact a bald assertion. Make your case.Steve Job got another minute of fame since he, by any normal means of counting wealth, can't be said to be any bit less wealthy if you would reduce his belongings by an order.
D H said:Baloney. There was no Morton's Fork in DaleSpam's post. He merely challenged you to justify the forcible taking that is inherent in taxation. It isn't hard to do so, and there is no need for an unwarranted charge of using a fallacy in making the case for taxation.
Now that is a logical fallacy. It is in fact a bald assertion. Make your case.
You paint with a very broad brush, Russ! I made the comment that a basic level of access to health care would decrease health-care costs to all of us, and you conflate that with socialism/social engineering.russ_watters said:These are the unfairnesses of life. These things happen with or without a government's intervention. What you, Ivan, turbo, etc. are suggesting is that government should correct these inequities.
I recognize that society often operates by the use of force and that the use of force can be morally justified in certain circumstances. You have asserted that this is one of them, so make your case.MarcoD said:Everything is done by force in society. ... Force is no argument.
I already addressed this point. I did not present such a dichotomy as the only possibility (which is the crux of Mortons fork), I explicitly and deliberately allowed for other scenarios.MarcoD said:If you start an argument with hard working rich and lazy poor, you start off with a fork.
DaleSpam said:. What are the rules of justice and fairness by which it becomes morally necessary to forcibly take money earned by one man and give it to another man who has not earned it?.
DaleSpam said:John, you are repeating yourself. I already replied to this:
https://www.physicsforums.com/showpost.php?p=3549082&postcount=45
Let's stay on the topic of what is happening in the US now and not wander off into history, there is a history subforum for that if you want to get into a lengthy diatribe.John Creighto said:Well, I'm sorry. I didn't get to reading the whole thread until now and only saw my post was taken down and replied on that basis. I don't believe it is proper practice to censor the writings of major historical figures. Therefore unless it can shown that what I posted inaccuracy reflects the original work I don't believe the content should have been taken down.
Good point/well put. However, you do somewhat gloss over the position being forwarded here. It isn't just about "the infrastructure that advanced governments build..." My position is based on the idea that unfair taxation is acceptable for the purpose of making the government run because, as you said, there is no other way. That's an indirect wealth transfer as the money goes to government functions. But what has been happening since the New Deal goes beyond that: direct wealth transfers from one group to another. Rather than supporting the functioning of the government, what is being advocated here is that we simply take wealth from one group and give it to another.D H said:Talking about "fairness" when it comes to taxation leads to all kinds of disingenuous debates in which one side talks past the other. What constitutes "fairness" is very much in the eye of the beholder.
To one extreme, the only fair tax is a true flat tax: Billionaires and paupers alike should pay the same amount in taxes (not the same rate, the same amount). The end result of this kind of thinking: Everyone is poor. The infrastructure that advanced governments build and the technicala investments that advanced governments make simply could not be sustained with this kind of "fairness". To another extreme, the only fair tax is one that makes everyone exactly the same. The end result of this kind of thinking: Everyone is poor. Modern society implicitly depends on some people being hungry for power, wealth, fame. Squelch these desires and everyone suffers.
In between these extremes you will see some who claim that a fair tax is one that taxes everyone at the same rate, while others will claim that a tax is fair only if it is progressive. A huge problem with talking about "fairness" is that what constitutes "fairness" is inexorably tied up with politics. Different people have very different concepts of fairness. You can see this conceptual disconnect in action right here in this thread.
Big as this problem is, there is an even bigger problem regarding discussing whether a tax is fair. Taxation, while absolutely essential to society, is also the ultimate in unfair activities. How can one talk about "fairness" when failure to comply means armed people will come and forcibly take your money from you? With the full force of the law behind them?
"Fairness" in taxation is IMHO a silly concept unless we work very hard to define what "fairness" means.
That certainly is the premise of many peoples arguments. We certainly don't get equal pay for equal effort. Therefore we must ask, how "just", are the rules which decides how much we each earn? The secondary arguments is that people should be paid based on what they are worth and that this is efficiently determined by the market. The vary fact that bubbles exist demonstrate that the market is not efficient and these inefficiencies would extend to how we value the worth of an individuals labour. The resume building experience is essentially based on accumulating social status. Well, this status acts somewhat as a proxy for rating peoples skill it is largely based on the opportunities people had which also depends in a large part on luck and connections.D H said:Most of them earned it, at least in the US (the topic of this thread).
When you say the people who work for Steven Jobs, I presume you are not talking about the people in the third world building his products. Additional regardless of the value he creates any share these people take in the market displaces the share someone else takes. Apple charges gigantic rents for artists that sell through i-tunes which essentially subsidizes apples products on the backs of music artists and ap developers.You have a very skewed and very distorted view of the rich. While one can get rich by exploiting those who work for them in an underdeveloped nation, this thread is not about underdeveloped nations. This simply is not the case a modern society such as the US. Steve Jobs, Bill Gates, and Larry Page made the people who work for them very, very wealthy.