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[quote=Anonymous]1) Skewed work compensation resulting in greater disparities in wealth. I agree that people with more education and expertise should get paid more. However, this does not explain why a law firm partner or a hedge fund manager should be making $1 million/year while a tenured professor should make 1/10 that. (My grandfather is a retired professor; and when he was in his 30s and 40s, professors, lawyers, and doctors had lifestyles that were relatively similar. Now, a top PhD graduate earns 1/3 of what a top law school grad makes; and MDs are saddled with $200K of debt when they leave their residencies.)

2) Some people are given bootstraps to pull themselves up, so to speak. If you were born to educated, married parents, you have a major leg up in terms of future success. If you were born poor to a single uneducated mother, you are digging your way out of a hole. If your parents save a little nest egg for you that you used for higher ed., a car, a wedding, a home downpayment; paid for a wedding; made sure you went to college--these are forms of compensation that contribute to future wealth. You shouldn't start counting income with college--you really need to start pre-birth.

3) The tax burden on the uber-wealthy has minimal impact upon their ability to live well. The tax burden on the poor, OTOH, has a tremendous impact upon the quality of life for children, especially. The parrot who keeps mentioning that 47% of Americans don't pay federal taxes is omitting some crucial information. Like, the fact that 70% of those make UNDER $50K/year; and even then, they are subject to payroll taxes like Medicare and SS--how do you shelter, feed, clothe, transport, educate, and insure a family of 4 in the DC area on that income, especially if that family can't ever save money? Also, according to the same think tank that come up with this info, some 23,000 families that make more than $500K also don't pay federal income taxes.

It's not class warfare, OP, it's the fact that the privileged on this board often over-simplify how they were able to accumulate their wealth.[/quote]

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