What the 1% don't want you to know

[Tom Joad]

One thing I have learned from watching this video is that we really need the government to have wealth redistribution policies in place and that while a progressive taxation system is part of the solution it is not all of it.

[donquixote99]

Originally Posted by Tom Joad

One thing I have learned from watching this video is that we really need the government to have wealth redistribution policies in place and that while a progressive taxation system is part of the solution it is not all of it.

The idea isn't to redistribute, it's to distribute right the first time.

[barbara]

Originally Posted by donquixote99

The idea isn't to redistribute, it's to distribute right the first time.

Good point.

[Tom Joad]

Originally Posted by donquixote99

The idea isn't to redistribute, it's to distribute right the first time.

That would be ideal.

We have many people that aren't getting a days pay for a days work, while on the other hand our corporate boardrooms are full of people that get 100 or so years pay for a day of what they call "work".

[bobabode]

Love some Moyer's. It's in the DVR.

[whell]

Originally Posted by donquixote99

The idea isn't to redistribute, it's to distribute right the first time.

Who's job is it to determine the "right" distribution amount the first time? Who determines who gets what, and how much the first time? When does the "first time" occur?

[bobabode]

The IRS Whellie. Jack the top rate back up to 50% immediately with a phased in 5% increase annually until we're back to level last seen under Ike.

[Tom Joad]

Originally Posted by whell

Who's job is it to determine the "right" distribution amount the first time? Who determines who gets what, and how much the first time? When does the "first time" occur?

I'll volunteer.

I would use the US Military as a model.

Where the highest ranking general makes something like 14 times what the lowest ranking private does and everybody has healthcare coverage for themselves and their families.

[whell]

Originally Posted by Tom Joad

I'll volunteer.

I would use the US Military as a model.

Where the highest ranking general makes something like 14 times what the lowest ranking private does and everybody has healthcare coverage for themselves and their families.

But how do we know, when an individual is born, or even when they're young men/women, whether they'll even rise through the ranks to become a high ranking general? Or are you favoring something like a "caste system" where an individual's station in life is pre-determined?

[Boreas]

Originally Posted by whell

Who's job is it to determine the "right" distribution amount the first time? Who determines who gets what, and how much the first time? When does the "first time" occur?

This should burst that pimple between your shoulders!

http://www.reuters.com/article/2013/...9930O620131004

John