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42 sats \ 8 replies \ @Undisciplined OP 12 Aug \ parent \ on: Tax the Rich? Not a Good Idea econ
I think you should revisit your Adam Smith. We aren't just dividing up fixed resources. The world is getting more prosperous and in a growing resource environment those who make wise entrepreneurial decisions will disproportionately benefit.
“Wise” .. they just abuse people, because workers need a salary to survive or have a “normal” life as sold by the society. They also don’t pay for pollution, society (us through taxes) we pay for it. Look at the top wealthiest people and how they always find a way to crush “costs” for their own benefit (salary, bonus, gifts, external expenses, etc.).
Sorry but top 1% shouldn’t exist anymore in 2024.
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You'd think, right. How badly did the 20th century have to go for them to be discredited?
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That's not how percentiles work
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That wasn't my point, but you're also wrong about the point you're trying to make.
Offering someone in Bangladesh an economic opportunity that they didn't have before is not "abuse" by any reasonable definition.
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