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[quote=Anonymous][quote=Anonymous][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]

[b]No one is demonizing the wealthy - we are demonizing the wealth gap. [/b]Rising wealth gap is destructive to a country. I pay property tax for a property I bought after working 30 years. So I do not see a reason for super rich people to pay wealth tax on their diamonds, yachts, and planes they have worked for. Its okay if some wealthy folks leave America for this reason (although I can guarantee you that most would not). It's not like the wealthy people are sharing their wealth or obligation to maintain this country anyway. All the laws that the wealthy support is regressive and detrimental to the long term viability of this country. So, I do not care if they leave.[/quote]

Could have fooled me. The wealth gap is being blamed on the wealthy. Democrats believe wealth is a zero-sum game, that the wealthy are wealthy because they somehow cheated the money from those people who are poor. Just look at the posts that started this thread - describing wealthy people as hoarders, implying that there is a fixed amount of wealth to be hoarded. Yes, you pay property tax, so do wealthy people. [/quote]

The wealth gap is a result of the unfair rules of the game in the economic system we have set up. For billionaires that convince themselves that their wealth is 100% earned and no one else who helped create those profits is entitled to a larger share, yes they deserve to be demonized

No one is demonizing bill Gates for becoming a billionaire then giving his money away to save lives and improve education[/quote]

[b]Name off some of those unfair rules.[/b] I mean, what gave Microsoft an unfair advantage over Apple in the late 80s, and what gave Apple an unfair advantage over Microsoft in the late 2000s. What gave Amazon an unfair advantage over Barnes and Noble, and what gave Five Guys an unfair advantage over your local favorite burger joint. No one is entitled to anything that they have not earned, and what they earn is determined by market value of their work output.[/quote]

Where do I begin?

1. Preferential tax rate for capital gains vs. earned income
2. Corporations' ability to deduct interest expense for all forms of debts
3. Depreciation of assets to shield income from taxation
4. Legal tax avoidance maneuvers available to multi-national corporations but not small businesses
5. The LLC model that allows shady businesses to fleece innocent bystanders but leaves no one with recourse when they want to sue
6. The myriad ways to structure estates so that close to zero tax is paid
7. The fact that Apple Corp and Warren Buffet pays a tax rate that is easily 10x lower than the one I pay on my W2 income
8. The fact that SALT deduction limitations don't apply to Schedule E income

....shall I continue?[/quote]

Don't forget the tax treatment of carried interest, the loophole that has made hedge fund managers, amongst the wealthiest in the world.[/quote]

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