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Scott Adams: How to Tax the Rich

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Re: Scott Adams: How to Tax the Rich

#321
post #278
post #235

Earlier quoted context omitted.

There is no state or province in North America with the kind of driving culture that exists in Germany.

What driving culture are you referring to? The wealthy everywhere have a preference for sports cars. That alone doesn't constitute "driving culture", but a lot of what you're talking about is just compression. The US has much more wide open space than Germany does.

A much more stringent and in consequence structured driving environment. As others have noted, obtaining a license is more difficult. Uncooperative driving behaviour is heavily frowned upon and prohibitions actually enforced: driving in left lane, but also attempts to bully others out of the left lane and overtaking on the right.

As for compression, compare driving in NYC to driving in Berlin.

This isn't to mean that North Americans wouldn't be able to reach this standard if they decided to, but it would take decades.

Re: Scott Adams: How to Tax the Rich

#323

Earlier quoted context omitted.

The problem is that it's hard to create a high status item. Say you invent the "US Govt. Certified Top 0.1% Badge" - do you really think Peter Thiel, John Paulson or Alex Rodriguez will really give a crap? Taxing existing luxury status symbols could work, and is very likely a good idea. Creating new status symbols is likely to fail horribly. Also, the tax on certain neighborhoods neglects the very large non-status re…

My tax plan is to eliminate income tax up to $90,000. After that, income is taxed at 100%. The government awards tax credits for everyone making less than that, so that everyone's salary + tax credits = $90,000. "But wait," you say "How will we incentivize entrepreneurs if they can't earn more money?" For everyone making over $90,000 (approx. 11% of the population), their pretax salary is used to assign them national…

In the Scott Adams Crazyverse(tm) this is a good-bad idea.

Re: Scott Adams: How to Tax the Rich

#324

Earlier quoted context omitted.

That's only because payroll taxes were sold as a retirement plan contribution for yourself. The idea is that you get all of that money back plus interest. Sadly, it's not run that way. People have the let the money be spent on other items for years, and now they are retiring and it's not there.

It isn't? Social security is solvent assuming no funding changes until 2037.

"Solvent until..." is a contradiction. If you're solvent until you have to pay your bills, you're broke.

Re: Scott Adams: How to Tax the Rich

#325
post #233
post #175

Earlier quoted context omitted.

> Traffic was reduced for a few years but now it's just as bad as ever. Has the population changed?

It's probably more accurate to say that the infrastructure has gradually become... less amenable to cars, intentionally and otherwise. Bus lanes, pedestrianised roads, roadworks, that kind of thing.

Wasn't that part of the goal?

Re: Scott Adams: How to Tax the Rich

#326
post #272

Earlier quoted context omitted.

That's right, let's justify stealing from businessmen based on the fact that they grew up in a society that was already stealing from businessmen. None of the things you mentioned need to (or should) be funded by loot. In fact, utilities and hospitals didn't used to be in the U.S., and only partially are now. The US education system is a stagnant cesspool that still uses a model developed in the Middle Ages. And the…

I agree. I think the first thing we need to do to bring about your utopia is to bring back personal liability and eliminate the corporate entity (which after all is a construction of government). Then if a businessman's activities injured someone, we could be sure that a court could strip them of their personal assets in order to compensate the victims of their negligence.

That's sort of unrelated to my point, but it's an interesting question.

A corporation's rights and responsibilities just derive from the rights and responsibilities of those who own it. I think this is the premise behind "corporate personhood" and I think it works correctly almost all the time. (I'd be interested to see examples where that's not the case.) For example, a corporation can exercise free speech, because the people who own it can exercise free speech; so if you deny the corporation from exercising its free speech, you are denying those who own it their right to exercise free speech.

I'd think that in the case of personal injury caused by a corporation, if the corporation's full assets are not enough to compensate the victims, then the owners could then be held responsible to cover the difference. (Whether that is actually legally the way it works now, I don't know.)

Re: Scott Adams: How to Tax the Rich

#327
post #108

Earlier quoted context omitted.

I get what you are saying here, but I think the questions generated by this statement are numerous: "When speeding, you're endangering people's lives." Does this mean 56 mph is, and 55 is not dangerous somehow? By what science is this the case? What about weather conditions? The condition of your car? The type of your car? Your skill and ability to drive? Also, the randomness with which this law is enforced is troubl…

If you get a ticket for exceeding the speed limit by 1 mph, there are larger issues at hand than how much this ticket will cost you. Yes, speed limits are to an extent arbitrary, but practical alternative is a total judgment call. Do you always know the entirety of the condition of your car, and if not, should you be limited to 30 mph? Should drivers' licenses include a quantifiable evaluation of your skill and abili…

Perhaps we should acknowledge that a simple single number "your speed" is a significantly flawed measure of the level of risk you're exposing the rest of society to, and while speed enforcement is a good _revenue_ generator, it does not do nearly as much to reduce the full range of risk behaviours as we might desire.

What continually boggles me is seeing people lose their drivers licence for 6 months or more for a string of speeding tickets - without having actually had an accident, while I read newspaper stories about people who actually do crash and hurt of kill someone receiving more lenient sentences.

How about we start punishing people who actually have and/or cause "accidents" rather that people we claim are increasing the risk of accidents by exceeding some arbitrarily set limit? Sure doing 90 past a school is "wrong", as is driving in a way that causes someone else to crash, but surely we're at a point where technology can help there - for less than $100 I could have 4 video cameras with ~1hr of recording time fitted to my car. Is it a crazy idea to say we encourage people to record other drivers, and pay them a commission on the fines their cameras generate from actual risk events, rather than risk behaviours?

(Full disclosure: I'm a motorcyclist. I enjoy going fast. I'm fully prepared to accept responsibility for my actions, and in one sense I don't mind current speed enforcement since my personal opinion is I'm happy to go fast where it doesn't affect anyone else, and if I _do_ get "caught" speeding it's a sign that I wasn't paying enough attention - if there was someone in position to catch me speeding I shouldn't have been speeding there. I'm not happy with cops who "hide" while doing speed enforcement, but I've also never been caught by one hiding...)

Re: Scott Adams: How to Tax the Rich

#328
post #100

Earlier quoted context omitted.

no one in my generation (I am currently 24) will see either of these programs as our parents did. You're gonna laugh, but I thought the same thing when I was 24 (twenty years ago) and Social Security is still solvent for the next thirty. That system ain't broke. It's just that they really, really, really want that money. If they manage to get us to break it for them, your pessimism is - quite literally - a self-fulfi…

These things often take longer to unwind themselves than you'd expect. Still, the CBO projections are pretty clear, and we now know that Social Security is officially in deficit this year. Medicare has been so for a long time. In truth, Medicare is where the real troubles lie. I have only seen a handful of politicians try to address this honestly. Chris Christie and Paul Ryan are who come to mind. They are both Repub…

I'm still trying to get my mind around your attitude that "these things often take longer to unwind". If it takes longer than fifty years to unwind, I'm thinking perception bias on your part.

Re: Scott Adams: How to Tax the Rich

#329

Earlier quoted context omitted.

"Or the problem might be that wealth is increasingly concentrated in the hands of a few who are vulnerable to groupthink and consequently triggering financial disasters with their incompetence. DISTRIBUTE MORE OF THE WEALTH." "distribute more of the wealth" sounds so clean and nice. What you are really doing is taking this money away by force, which is anything but. Here is a scenario: Let's say you are a senior deve…

"distribute more of the wealth" sounds so clean and nice . Indeed. Much like 'cut government spending'. My point is that slogan-based solutions are unhelpful. You sound like someone who takes Ayn Rand seriously as an economist, as opposed to a philosopher. The truth is that most of the wealthy were born into the upper classes of income, and further that wealth tends to create wealth quite apart from the physical or m…

"Much like 'cut government spending'."

So..why did you say it in the first place? It's obviously something you believe.

"You sound like someone who takes Ayn Rand seriously as an economist, as opposed to a philosopher. The truth is that most of the wealthy were born into the upper classes of income"

Define wealthy. You are going to the extremes. Wealthy to me might be $100,000/year if I'm living in the mid-west. You also need to back up that statements with some citations/sources.

Here is a list of wealthy people that were born poor: http://www.intelligenius.net/rich-people-who-were-born-poor/ There are countless others that may not have billions, but still live very comfortable lives.

I'm really tired of people that don't want to put the time and effort into becoming successful trying to knock the actual successful people down a notch by saying it was luck or they were born into wealth (that must be the only reason they have money).

I have a quote for you:

"Chance favors only the prepared mind." - Louis Pasteur

I have felt this way for years. There are opportunities all around us every day. If you aren't educated enough to act on it, it will pass you by/you won't even be able to recognize it as an opportunity.

With Internet the being so prevalent, you could easily learn a new skill online, without ever having to pay exorbitant education fees. (MIT has free coursework available). Every city I've lived in has had free Internet access through the library. There are no more excuses. If you aren't physically or mentally incapable, you can succeed if you put in the effort.

"so let me give you a counter example: you work very hard in your company as a senior developer. Once day the boss comes and tells you you're fired because he's hired his son to do your job."

The boss owns the company. If he wants to hire his son, it's his freedom. If I was a senior developer, I probably would have the skills to easily find a job somewhere else. In a few months, when the boss realizes his son can't do the job, it will be too late. If it isn't, I will need a much higher salary to come back.

"Now you're on unemployment for months due to an economic downturn, but because there are no income taxes you get no unemployment benefits."

So when did I say we should have no taxes? You are once again taking things to the extreme to further your point. Sounds like a red herring to me.

"To top it off, you lost your health benefits when you lost your job, and now you find you have cancer (33% of us will get it at some point). The good news is, it's curable. The bad news is the treatment is prohibitively expensive"

Treatment is expensive no matter what. The difference is that either the government pays the cost (IE: the tax payers) pr your insurance company pays for it. My problem with all of the current universal health care advocates is that they propose plans that assume medical care is an infinite resource. There needs to be some way to limit doctor visits or people will be coming into the office many more times than they should (because hey, it's free I'm paying for it). There needs to be overall limits in place and after those limits are hit (maybe a yearly visit limit), you need to pay out of pocket. If we got rid of the insurance companies altogether, the hospitals wouldn't be able to charge $100 for a bottle of aspirin.

Another point I would like to make is that in pretty much all countries with socialized medicine, there are long waiting lines for things like cancer treatments. I have many older relatives that live in Canada that have had to come over to the US because they weren't able to get treatments in time.

"so like all of the losers in society's Randian economic game, we're going to expect you to simply die gracefully in a cardboard box somewhere out of sight. Thanks for playing, though."

red herring #2. Your post is filled with them.

Re: Scott Adams: How to Tax the Rich

#330

Earlier quoted context omitted.

Actually, I think status markers created by the government would be far, far more appealing to the wealthy. It's like Hegel's master-slave dialectic - a master doesn't feel like a real master because he knows all the struggles and difficulties of maintaining his position. If he really is a master, not just an ordinary man who finds himself with power, why does he have to work so hard to maintain it? The only time he…

I wonder if you're confusing reality with Rand novels. As far as I'm aware (since I'm not one of them), most wealthy people aren't trying to impress anybody. They're just enjoying their lives, relatively quietly. The incentive provided by wealth is not status, but enjoyment. A BMW is much more enjoyable to drive than a Buick. Go ahead and pry all the logos off my car, it'll still be more fun to drive. What's more, "s…

Right, but why do you even need a proxy, why isn't it enough to just have money and power? It's because other people need to know.
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