On 4/10/2010 5:08 PM, Buerste wrote:
"John wrote in message
...
In ,
wrote:

http://www.marke****ch.com/story/mee...to-pay-higher-
taxes-2010-04-09

I certainly share their sentiment.

Taxes should reflect expenses. Look what is happening in Greece, who
thought otherwise. Low taxes are a gimmick, since debts cannot grow to
the sky, eventually something will have to be done.

i

I vaguely remember reading an article that said if somehow the all the
money the richest people had was redistributed evenly among the
population of the country, the yield to each person would be
surprisingly small. Does anybody have any clearer memory of that? Didn't
get anywhere with Google so far.

I remember reading that if all the present wealth was redistributed evenly,
it would all be back in the hands of the original owners in a few years.



No. That's a fallacy. If the wealth were actually redistributed evenly
it probably would wind up in the hands of a small group of people again
and most people would be back to having little or nothing. The
difference is that the money would not go back to those who were the
original owners. They are just as likely to wind up with nothing as
anyone else. But the rich would like you to believe they have something
you don't that would allow them to become rich again. They don't.

Hawke