Tax WHO?

 Here is a case where we might HAVE to tax the rich in order to keep things going.

Back when this country started, we were pretty much self-sufficient. You grew your own food, made your own clothes, built your own house. What you didn’t have, you traded for. Time passes and with science and technology - the two main drivers of civilization - things become specialized.

Now trading became more important than being self-sufficient. This led to the importance of money, credit cards, loans, etc. Home industries like manufacturing were farmed out, and brain power overtook physical work. This led to inequality as hard work could not make up for technological increase in productivity. So even if jobs were to come back to America, they would fall into two possibilities. First would be low paying menial jobs. Second would be high paying technology jobs. As the income shifts from the majority to the minority, the saying often attributed to Al Capone comes to mind. “Why do you rob banks? Because that is where the money is.”

Taxing the average person will become less and less productive as their average salary falls. So their transferred share of the country’s wealth will end up in the pocket of others. These people’s “fair share” will include those they make their money off of. That is why it was proposed that when a machine replaces 5 workers; the machine, or the person who profits from the machine, would owe the tax normally paid by those 5 workers.

Spending is a separate issue and needs to be analyzed differently. However, I do think there is a link. As the majority of people see their relative income shrink, then they demand more services from the government. If that increased spending basically comes out of their own pockets in increased taxes, it does not seem like a really smart move.

This idea was in part from a video I watched - you might enjoy it and find this channel interesting.

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