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Since Reagan the upper 10% and corporations have been in the ascendancy. Add out sourcing of supply chains to cheaper countries without consequent benefit to the employees --- but a hell of a good time with stock buy backs and profit --- tack on stupid inflation in US health care, US housing, and US education ... and the pendulum has gone too far in favor of the upper 5% where all real income gains have gone.

I do not want redistribution; America is equality of opportunity not outcomes. It's politically unsellable smacking of far left politics. I could not care less that some guy has $10M or $10B. I'm happy in my life ... however I am pissed I am getting squeezed in the middle.

I damn sure want the upper 15% + all corporations to pay the same percentage of taxes per dollar I do. I'm near the top end but not enough to have a coterie of CPAs playing paperwork games. I'm with 100% with Buffet on this. I've been in the Cisco/HP/whatever corporate buildings in SV; ditto Apple. I was both surprised and not surprised (knowing corporations) to hear Apple was Irish in some sense for tax purposes. That's BS.

Finally, Congress is going to have to get off its butt and do something to make them credible again on spending what they take in. This is another serious up-hill climb before selling ``higher" e.g. fairer taxes. At least as far as rhetoric goes --- but not reality --- it's hard to move the GOP to fair I mean ``higher" taxes when the top ~10% already pay something like 40% of all tax income. That's just a hard sell.



> America is equality of opportunity not outcomes.

It would be nice if America had equality of opportunity, but it's not. Not even close. No country is, and the US less than many.

Do you think a poor kid gets the same opportunities in life as a rich kid? A kid with drug addicted parents the same as a kid with loving parents? A kid growing up in a criminal neighborhood the same as one in a safe neighborhood?

Real equality of opportunity is probably just as impossible as equality of outcome, but it's possible to get a lot closer than where the US is.

> It's politically unsellable smacking of far left politics.

Wealth redistribution is so unsellable that the US used it very effectively from the 1930s to the 1980s. It was a massive boon to US economic growth, gave the US a strong middle class, before Reagan decided to undo all of that and wanted more money in the hands of the rich.

The only reason you see it as far left is because you've bought into right wing propaganda.

> I could not care less that some guy has $10M or $10B. I'm happy in my life ... however I am pissed I am getting squeezed in the middle.

Who do you think is squeezing you? The middle class is getting pushed back to the bottom. And the fact that some people have billions give them more power over society, over politics, and that helps them squeeze you.


I am well aware how (to keep this short) that one's birth zipcode has a major bearing on outcomes. Some people don't have equal opportunity to good parents or schooling.

My family is an example. I'm the only one in my family with a uni degree. I paid for it. My father is the only one with a degree in his family. His father worked in copper mines. Still our family has made continual progress. My son is starting his masters in engineering. My better half had a degree.

Redistribution as a macro government policy is still not advisable. Government cannot allocate resources well however well intended. Think Bush junior and housing crisis; he wanted house ownership up.

Gov can deal with point problems: reduce cost of higher education (stop giving loans and grants to Harvard, yale), tell people what the expected roi on a degree is, tell people what other universities charge for the same degree (more is not always more), lower health care costs. Stop subsidizing corporate america. There I'd zelously advocate for gov involvement in addition to my other points


> Redistribution as a macro government policy is still not advisable.

Why not? It has worked very well in the past.

> Government cannot allocate resources well however well intended.

Your primary example is probably the US government, which hasn't wanted to do this well since Reagan. Instead, the focus has been to undermine its effect in order to justify cutting programs. But more benevolent governments have had much better success.

> Stop subsidizing corporate america.

I agree with that. The US has been redistributing wealth, but they've been redistributing it upward, rather than downward.

But the US could do a lot to improve equality of opportunity by providing better public education, more affordable advanced education, and more affordable healthcare. Those three are low hanging fruit with massive returns on investment.


You realize our government built nuclear bombs, went to the moon, and in 4 years produced a nuclear powered submarine from scratch?

Not to mention the interstate system, drinkable water in almost every home, and the world financial order as we know it today, the internet itself was a government project too. GPS?

We have almost eradicated many extremely harmful illnesses as a result of government programs, including something that neutralizes but does not cure HIV.

> Government cannot allocate resources well however well intended.

That's because the half of the government that says this is ensuring it is true in order to justify deregulation and privatization to make their 10B benefactors happy. Most of the people who say what you say feel confident saying it, not realizing that it's not structurally true, but only true because they believe it.


We appear to be living in an age were one's choices are 100% goverment all day all the time, or none. You're 100% Trump or not. You're pro-gun or not. You're pro-women rights or not. Well, I'm not having any of this simplistic baby pablum.

Government != corporation despite the fact they both need money. I'm for a well-funded government that I can hold accountable for their roles and responsibilities, ditto on the private site. See for example the Intel thread floating around on HN; there we see a corp losing their competitive grip.

Good lord: it will not kill America to have a decent linear combination of good and competent goverment and corporations. We need both.


That wasn't cogent. It didn't make any sense, nor was it a response to anything said.


Stock buybacks are a theft from the future. That's money not being spent on R&D, so it's another clear example of short term-ism. You see problems, but who do you think is going to solve those with what resources?

> 5% where all real income gains have gone.

Yes that's because wages are proportional to power, not output, and because poor people are getting poorer and rich getting richer, the power gap is widening resulting in fewer captured gains by those actually doing the work.

> I do not want redistribution; America is equality of opportunity not outcomes.

The problem with being against wealth distribution is two fold. One, and the more important part, is that you have to stop people from having too much, because having too much creates "too big to fail" situations which allow single individuals to compromise the government and be above the law. This was the age of robber barrons. Are you arguing we should support robber barrons?

The second, less important reason, is that people who have a better start early in life are able to contribute more taxes/more to the economy later in life. Today's poor people are tomorrows drug addicts and criminals or potentially entrepreneurs and scientists and money can influence that significantly. Many anti wealth redistribution people are pro nuclear family people, but money issues and overwork/stress break up families. Jesus, which many of those people also claim to be followers of, was very pro wealth redistribution.

Public schools are literally wealth redistribution, the most important kind. Do you really want to be in a country where it's the rule rather than the exception that people who cant do basic algebra can vote on tax policy?

> It's politically unsellable smacking of far left politics.

So it's wrong because it's left politics, but not wrong because it's a bad idea? Do you see how your description of it being wrong shows you're playing team sports. For you left and wrong are so close semantically that they're basically the same word which is why you don't realize how intellectually bankrupt that statement is. Everything conservatives claim to love, the teachings of Jesus and the constitution are extremely left ideals. Freedom isn't free is born out of left philosophy even though right wing people tend to be the ones saying it.

> I could not care less that some guy has $10M or $10B.

You really really really should. If a congress person costs 10M to compromise/primary/bribe/etc, the the guy with 10M guy can at most compromise one, while the 10B guy can compromise 1,000 of them. The 10B guy can buy a news Channel, the 10M guy can buy a commercial... The 10B guy can start a surveillance company in Palo Alto that makes use of all the pervasive surveillance collected from virtually everywhere and use it to support the politicians they prefer. The 10B guy can buy a social media company that algorithmically controls the political content people are exposed to.

> I damn sure want the upper 15% + all corporations to pay the same percentage of taxes per dollar I do.

The military, police, and social programs all contribute vastly disproportionately to their wealth.

> I'm near the top end

Well at least your point of view makes sense.

> Apple was Irish in some sense for tax purposes

But you have trouble connecting the dots that it's because they are an extremely rich corporation that they are able to buy or otherwise coerce themselves into being above the law?

> Congress is going to have to get off its butt and do something

Yet if they do, those 10B dollar citizens decide to devote their resources to primary-ing them in order to ensure a climate of de-regulation. Trump is literally in power to enact a policy written by the heritage foundation meant to "put government workers in trauma to prevent them from enacting regulation against oil companies." Literally stated like that. That's literally what the head of the OMB said.

The whole last statement alone doesn't make any sense and ignores America's history.




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