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TopicMakes me laugh when poor people oppose increased taxes for the rich...
CountessRolab
07/22/17 8:02:42 PM
#12:


John_Galt posted...
CountessRolab posted...
emblem boy posted...
CountessRolab posted...
emblem boy posted...
They could just be against it because of the principle of the issue. People vote against their self interest and in favor of idealogies they believe in all the time


Said ideology is equally stupid.


Why?


Because unchecked wealth accumulation eventually leads to a social collapse like in 18th century france. Not to mention the fact that it is grossly unethical.
I am all for people getting rewarded for their hard work, but there is a point at which it becomes ridiculous.

What point does it become ridiculous?


That is obviously subjective, but people should never get to a point where they become a god. There is a point where you make more money off investment income than you can possibly ever spend. It is a snowball effect.
The point of the estate tax is to curtail that sort of thing and avoid creating dynasties and an invincible ruling class.
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