What
the Rich Get Out of Taxation vs. the Poor:
(I
found the following at mightygodking.com. I thought
you might enjoy it as much as I did. = Lefty=)
Wealth
is grown only on the back of talent. Your average
rich person in the United States is rich
because he or she owns a company that generates
value through the effort of hundreds or thousands
or hundreds of thousands of people: those people
are able to generate value because they were educated
by a system primarily public, kept healthy to generate
that value through public expenditures on food
regulation and water safety (and, anywhere but
the United States, healthcare as well), kept alive
through public expenditures on policing and fire
safety and emergency workers and national defense,
able to travel to their place of work to generate
value by highways and transportation networks maintained
by public funds, and able to have their value quantified
by a uniform system of weights and measures and
standards applied by public institutions.
The level of income inequality between the poorest
and richest is the greatest it ever has been in
human history. On the one hand, that kind of sucks;
on the other hand, it’s amazing. There’s
a reason that feudal lords in the Middle Ages weren’t
as comparatively rich as modern tycoons, and it’s
not because of technology: it’s because they
don’t have to spend money on keeping people
alive and healthy and generating value and furthermore
able to generate the best possible value, because
the government does that for them, and frankly
does it better than individuals could anyway.
Without public investment, Bill Gates would never
have been able to build Microsoft; he would have
had to expend vast sums on apprenticeships, wall
off his factories to stop banditry, and convince
everybody else to use not only his operating code
but the mathematics it was based upon. Microsoft
would never have gotten beyond being a niche product
in a portion of the country, one of a thousand
such businesses: we know this because society already
went through a period just like what this fantasy-Microsoft
would have undergone.
And that’s why the rich get more out of the
public system of taxation than the poor do. The
rich get everything the poor do (and, as others
have pointed out, depending on how funds are collected
and allocated, they can often get more than the
poor do), but on top of that they also get more
opportunity to get richer, just by nature of the
stability of public systems.
|