On Sep 23, 3:22*am, Hawke wrote:


I doubt that you would understand the reason why it is moral to charge
high income earners more than low income earners. Your idea of morality
is odd. You think that the only way to judge fairness is for the market
to do it. I guarantee that view is not held by many people.

Bandwagoning is not a logical argument.

As to why it is moral to tax the rich more than the poor it's really
self evident. It's immoral to take anything away from people that have
so little that depriving them of anything leaves them living like
animals. That would be like beating a puppy with a belt. It's wrong. It
should be self evident that you don't treat the weak like ****.


Unfortunally taxing the rich more has unintended side effects. For a
society to function it needs labor, and capital. The ratio of labor
to capital determines how will the society will do. If the rich are
heavily taxed, it reduces the amount of capital available and makes
capital more valuable. Which means those with capital will get richer
and those that labor will suffer. This is not to say that a
progressive tax system is bad, but it does say that a highly
progressive tax system will not help the poor that are able to work.

See http://www.newworldeconomics.com/arc...08/033008.html


The flip side of that is when some people have so much money that even
when you take a great deal from them it has no effect on their lives at
all. For example. If George Soros makes two billion a year, which he did
a year or so ago, and you take a billion away from him for taxes, it's
not going to affect the way he lives at all. You simply aren't hurting
him by taking a great deal of his money. When you take from the poor you
are hurting people. That's why it's immoral. Hurting people is immoral
except in extreme cases like war or self defense.

Unfortunately it is never this simple. It will not affect George
Soros, but it will affect many low income people that depend on jobs
that will be affected by the government sucking up capital. In China
and other asian countries the savings rate is higher than in the U.S.
andt the capital is being used to increase productivity. This takes
jobs away from the U.S. and reduces the number of jobs available.

Dan


Hawke