Reply to Turns Out Americans Actually Do Want to Tax the Rich

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I’m always surprised at how we have become the country of “its hard so we don’t do it.”

Single payer is hard so we won’t do it
Taxing rich people is hard so we won’t do it
Making equitable education is hard so we won’t do it
Building up infrastructure is hard so we won’t do it

What is this??[/quote]

Funny. 
I find it hard to believe how so many choose to demonize the wealthy.  
Like Howard Schultz, for example.  He worked to make his millions.  
Keep on, folks.  The truly wealthy have options.  They can choose to leave.  
Much like they did in France.  [/quote]

He probably worked to make his hundreds of thousands. The rest was a windfall. No one ever earned a billion dollars. [/quote]

Imagine if someone said that a vaccine only saves a few hundred thousand people, the other billions of people were just lucky, no vaccine ever prevented a billion sicknesses. By this analogy, I am illustrating that incremental value of a product or service in economics doesn't diminish as you get it to more people, but rather it multiplies. So long as the payment is not coerced, the profit is absolutely earned and not a lucky windfall. [/quote]

I don’t think you understand how analogies work.[/quote]

The analogy is in the incremental value of a product or service, which is rather well illustrated by vaccines since it's a per-person dose and therefore easy to visualize. It's more difficult to measure "incremental utility or happiness from using Facebook" though there is certainly some value there since people are willing to click on ads hosted on Facebook in order to use Facebook. However the concept is the same: there is incremental value gained by each individual, and therefore the value multiplies. This perfectly illustrates the concept that it's not a zero sum game, that economic value is wholly creative, and more of some economic utility doesn't reduce the marginal value of it towards zero. The modern tech age's greatest invention is the increased efficiency at which a company can deliver and earn economic value from individuals.[/quote]

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