I know what world you live in, but still 250K income IS rich to almost all Americans, it must be 5x the national average. The masses of the People's Party will understand, even if you feel itchy about it. Additionally, your comment that no one will voluntarily ask for an increase is wrong. If it is between increase of taxes or death of America, I'll take an increase. The US Bond market is a Ponzi Scheme now, it is only a matter of time, unless we take clear broad action. We are playing musical chairs with these huge imbalances, we better change that now. Calling the High-Income earners the Real Producers is a crock. I was in your business. There is production and there is skimming. Which is trading? It isn't automatic that high income means better producer, and the ratio between the high brackets and the average brackets expands every decade. You want a class war? I don't. Also, your sense of numbers is off just in the analysis. If you make a million a year and I tell you "No large income tax, No capital gains tax at all, only a Sales tax and say, 2% income tax on that million", you (and almost every high earner) pays a lot LESS in tax, no? You don't have to pay the income or capital gains tax or all the people to compute it, etc., and no way your purchases (unless you choose to) will be large enough to reach the taxation level you would have paid being in the high brackets of today's taxes? Those numbers are clear to me. The wealthy benefit across the board.
Finally, who am I a traitor to? The USA needs to make serious changes to the system or it won't be here much longer, maybe it will be gone in my lifetime. You can't possibly think we can keep the status quo off into the future? These imbalances need rectifying.
I have Randian credentials, 20 years of it. I know the philosophy. But Rand was too simple. The prime movers, the producers, the creators, she tries to write that they act as individuals and to a certain extent, they do. But she eliminates the "debt" those people owe to their society for creating the situation that allows their innovation. As example, you live here, take pleasure in Manhattan, game the system to milk millions, spend less than an hour a day assuring enough income for food and shelter, and don't give the American system ANY credit for that? It is all the individual? No way. Many people have to work multiple hours every day, just to get enough food for their family and a roof over their heads. Randians think they are standing alone on their own two feet to create, but I say they are standing on the shoulders and backs of all the people who came before, creating the environment that makes their creation easier, or even, possible. An American Randian can't live their life anywhere near as well or productively in, say, Ghana, than in the United States or Europe. Why not? Cause other people created the environment for that life, in the developed world. When Ayn teaches to take ALL the credit for your production, she simplifies that aspect into wrongness. Hypothetically, go to Ghana and live. Try to be a prime mover there, you won't be able to do it half as well, on any level. Not giving American society the credit for the balance, or even, any credit at all, is WRONG. I'd think about that some more if I were you. If we don't do anything, American failure is coming. I don't want that. Do you?
Calling the High-Income earners the Real Producers is a crock. I was in your business. There is production and there is skimming. Which is trading? It isn't automatic that high income means better producer, and the ratio between the high brackets and the average brackets expands every decade. You want a class war? I don't.
Also, your sense of numbers is off just in the analysis. If you make a million a year and I tell you "No large income tax, No capital gains tax at all, only a Sales tax and say, 2% income tax on that million", you (and almost every high earner) pays a lot LESS in tax, no? You don't have to pay the income or capital gains tax or all the people to compute it, etc., and no way your purchases (unless you choose to) will be large enough to reach the taxation level you would have paid being in the high brackets of today's taxes? Those numbers are clear to me. The wealthy benefit across the board.
Finally, who am I a traitor to? The USA needs to make serious changes to the system or it won't be here much longer, maybe it will be gone in my lifetime. You can't possibly think we can keep the status quo off into the future? These imbalances need rectifying.
I have Randian credentials, 20 years of it. I know the philosophy. But Rand was too simple. The prime movers, the producers, the creators, she tries to write that they act as individuals and to a certain extent, they do. But she eliminates the "debt" those people owe to their society for creating the situation that allows their innovation. As example, you live here, take pleasure in Manhattan, game the system to milk millions, spend less than an hour a day assuring enough income for food and shelter, and don't give the American system ANY credit for that? It is all the individual? No way. Many people have to work multiple hours every day, just to get enough food for their family and a roof over their heads. Randians think they are standing alone on their own two feet to create, but I say they are standing on the shoulders and backs of all the people who came before, creating the environment that makes their creation easier, or even, possible.
An American Randian can't live their life anywhere near as well or productively in, say, Ghana, than in the United States or Europe. Why not? Cause other people created the environment for that life, in the developed world. When Ayn teaches to take ALL the credit for your production, she simplifies that aspect into wrongness.
Hypothetically, go to Ghana and live. Try to be a prime mover there, you won't be able to do it half as well, on any level. Not giving American society the credit for the balance, or even, any credit at all, is WRONG.
I'd think about that some more if I were you. If we don't do anything, American failure is coming. I don't want that. Do you?
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