Welcome to Smashboards, the world's largest Super Smash Brothers community! Over 250,000 Smash Bros. fans from around the world have come to discuss these great games in over 19 million posts!
You are currently viewing our boards as a visitor. Click here to sign up right now and start on your path in the Smash community!
never heard of taxes, eh?So, the motion that I'm trying to propose is that those who are the rich, the top 10% of society or so, should be mandated to donate to the poor.
I'll let someone defend their side of the motion first because I don't want to have an underrepresented side.
it's not a boring conversation to me.that's a boring, technical conversation.
Why?it's not a boring conversation to me.
but that's most likely because I hate the idea of supply-side economics with a burning passion.
It helps the employees of the yacht companies to feed their families.it helps the yacht companies but not the starving children on the street
because it has never been shown to work yet people still support it. it works in theory, but then again so does communism.Why?
What do you mean in particular by "supply-side"?
indeed it does, but that doesn't mean it's the best place to put the money. why not spend it on infrastructure, where not only are you providing jobs, but also improving the country?But money you spend on luxury items DOES help people.
not having tax breaks doesn't prevent the rich from being able to support these businesses. my family is in the 200k/yr. tax bracket yet we can afford what is often considered a yacht, so why can't these __illionares afford to cut back a little?See, if you stop all the rich people from buying yachts, then all the yacht companies go out of business. Rich people buying yachts helps the suppliers of yachts.
that's pretty extreme. a lot of people need computers for daily life or work, or it greatly benefits them. a yacht doesn't do the same. one is definitely more important than the other.Also, if you're really so passionate about this, why do you have a computer? Shouldn't you sell that and donate the money to some poor people? I'd consider a computer a luxury.
Oh ... what do you mean by it has never been shown to work? What has been shown to work? When was it tried?because it has never been shown to work yet people still support it. it works in theory, but then again so does communism.
I'm speaking particularly about the tax-breaks for the wealthy, and the idea of benefits trickling down.
What defines the "best" place to put money? I would answer "whatever satisfies demand". Rich people have demand for yachts, and businesses can supply yachts.indeed it does, but that doesn't mean it's the best place to put the money. why not spend it on infrastructure, where not only are you providing jobs, but also improving the country?
It definitely has an effect ... if you raise taxes people WILL buy fewer yachts.not having tax breaks doesn't prevent the rich from being able to support these businesses. my family is in the 200k/yr. tax bracket yet we can afford what is often considered a yacht, so why can't these __illionares afford to cut back a little?
According to YOUR opinion. What if I think my yacht is worth much more than my computer?that's pretty extreme. a lot of people need computers for daily life or work, or it greatly benefits them. a yacht doesn't do the same. one is definitely more important than the other.
it didn't work during the reagan years, and it didn't work the bush years.Oh ... what do you mean by it has never been shown to work? What has been shown to work? When was it tried?
I'm not arguing it doesn't. I'm arguing that they funnel it to the worst places to funnel it to.See, I need to know where you are coming from when you make statements like this. Because the entire economy runs off people's accumulated capital. And rich people tend to have a lot of accumulated capital (duh), which they funnel towards businesses.
things that benefit more than just the business, and don't mal-distribute wealth. I wouldn't say that "whatever satisfies demand" is best for the economy, because if you have an economy completely based on what is demanded only, you're going to end up with businesses only aimed to make a buck and not benefit.What defines the "best" place to put money? I would answer "whatever satisfies demand". Rich people have demand for yachts, and businesses can supply yachts.
not enough that the yacht companies won't survive. they might have to cut back some, but it's not as if all their employees will starve to death.It definitely has an effect ... if you raise taxes people WILL buy fewer yachts.
then I would say that that's silly. in my personal experience, my family would not suffer if we lost our 40ft+ boat, but if we lost our computers then there is a large chance that we would be homeless by the end of the year.According to YOUR opinion. What if I think my yacht is worth much more than my computer?
the logic doesn't apply to both, because the values of both are different. the line you're implying the "needs" of the ridiculously rich is just as important (if not more) than the needs of the average income family. I don't see why anyone thinks that the rich are struggling as much as those who are just barely scraping by and are living check to check.Plus you're just drawing an arbitrary line, as I am. You draw it at yachts; I'm drawing it at computers. Your logic applies equally to both, yet you want to keep your stuff and make other people give up theirs.
Hmm, I thought the Reagan tax cuts "worked" (however you define that) ... but I haven't really done an in depth study.it didn't work during the reagan years, and it didn't work the bush years.
honestly, I don't know what works yet. I'm still working on that part. I'm lenient to more distributed wealth though.
How do you define worst? I'd definitely argue the opposite. Without capital, all the companies that satisfy our needs would not be able to survive.I'm not arguing it doesn't. I'm arguing that they funnel it to the worst places to funnel it to.
But making profit IS providing benefit. When I buy goods from you, I only do that because I am going to be better off. Sure, you are much better off as well since you made profit. But that's the beauty of the market: BOTH people are better off.things that benefit more than just the business, and don't mal-distribute wealth. I wouldn't say that "whatever satisfies demand" is best for the economy, because if you have an economy completely based on what is demanded only, you're going to end up with businesses only aimed to make a buck and not benefit.
I really don't know how to explain this, so I apologize if this doesn't make any sense.
Well, it's all in numbers. A significant tax increase may indeed lead to the closing of yacht companies. An increase by .0001% probably won't.not enough that the yacht companies won't survive. they might have to cut back some, but it's not as if all their employees will starve to death.
You wouldn't suffer if you lost your boat? Wanna send it to me then (you said you wouldn't suffer if you lost it)?then I would say that that's silly. in my personal experience, my family would not suffer if we lost our 40ft+ boat, but if we lost our computers then there is a large chance that we would be homeless by the end of the year.
I am saying that anyone posting on the internet has way, way more than what they "need". You could be out going door to door raising money for the homeless, but instead you are posting here, because you like doing that a lot more.the logic doesn't apply to both, because the values of both are different. the line you're implying the "needs" of the ridiculously rich is just as important (if not more) than the needs of the average income family. I don't see why anyone thinks that the rich are struggling as much as those who are just barely scraping by and are living check to check.
Yup.Most of us spend on luxuries when we could donate that money to charity.
Saying that the rich are more obliged because they have more money is just setting an arbitrary distinction.
halfway through reagan's years in office, unemployment had gone up to almost 11%.Hmm, I thought the Reagan tax cuts "worked" (however you define that) ... but I haven't really done an in depth study.
I'm confused by this. do you mean "10% income tax"? because to a reduction to everyones income wouldn't help the economy.The Bush tax cuts were small potatoes anyway. Tell me a reduction to 10% income for everyone wouldn't stimulate the economy.
it's true that companies need capital to survive, but yachts are making plenty of profit, and could stand to cut some of theirs to distribute the wealth in sections of the economy that need it more currently.How do you define worst? I'd definitely argue the opposite. Without capital, all the companies that satisfy our needs would not be able to survive.
it provides benefit to two people: the business and the consumer. the business, in this case, is the wealthy yacht company, and the consumer is the wealthy _illionare. I don't care much for these two people to be better off, honestly; they already are really well off. there's a lot of people out there who benefit a lot more from being better off than these two.But making profit IS providing benefit. When I buy goods from you, I only do that because I am going to be better off. Sure, you are much better off as well since you made profit. But that's the beauty of the market: BOTH people are better off.
the rich don't like to not cut back on their spending. even if a significant tax increase happened, they would still be buying yachts, because they still could afford to. there would be some who would not be able to afford to, but there's a lot fewer people in the lower end of high tax brackets than there are in the higher.Well, it's all in numbers. A significant tax increase may indeed lead to the closing of yacht companies. An increase by .0001% probably won't.
we wouldn't suffer economically, but we would suffer in a entertainment sense. we could technically do without it, but we would definitely prefer not to.You wouldn't suffer if you lost your boat? Wanna send it to me then (you said you wouldn't suffer if you lost it)?
my mother does, and my dad relies on his computers for work, so both our sources of income rely on computers.Why would you be homeless if you lost your computers ... unless yall all work from home or something?
this is a good point, and I can't argue against that.Regardless, EVEN IF you rely on computers, I'm sure you could sell your TV, your fridge, etc and donate that to the poor. Heck, why not the house, since you can probably find a smaller/cheaper apartment to live in.
indeed, I'm the typical "selfish" person.I am saying that anyone posting on the internet has way, way more than what they "need". You could be out going door to door raising money for the homeless, but instead you are posting here, because you like doing that a lot more.
this is true. also note though, that a lot of them were already born into wealth. it's much easier to get to a high place when your family was already up there. I'm not trying to discredit them though, they deserve respect for making it to the top of the food chain.Also it's important to note that the majority of rich people worked really hard to get to where they are. In doing so, they created a lot of value for their employers and thus the economy as a whole.
I don't think you can draw a causation here. The Fed's interest rates jumped up to 20% to combat stagflation at this time, which likely had a much bigger effect on the economy.halfway through reagan's years in office, unemployment had gone up to almost 11%.
the budget deficit jumped from $70~$80 million to over $200 million by 1984.
he lower taxes for the wealthy, while raising taxes for the middle class, through a creeping tax bracket (this may be the right term, I can't remember if it is or not). very few people were better off from reaganomics, and the ones who were, were already doing well. he did improve the overall morale of the country though, which actually did help the economy.
Yes, flat 10% tax rate is what I meant.I'm confused by this. do you mean "10% income tax"? because to a reduction to everyones income wouldn't help the economy.
How do you define "need"?it's true that companies need capital to survive, but yachts are making plenty of profit, and could stand to cut some of theirs to distribute the wealth in sections of the economy that need it more currently.
Part of my point I suppose is that there are always people who would "benefit more" (in the very very loose sense in which you seem to be using that phrase). You can apply the same logic to any purchase.it provides benefit to two people: the business and the consumer. the business, in this case, is the wealthy yacht company, and the consumer is the wealthy _illionare. I don't care much for these two people to be better off, honestly; they already are really well off. there's a lot of people out there who benefit a lot more from being better off than these two.
If a significant tax increase happened, the people that could always afford to buy yachts would all leave the country.the rich don't like to not cut back on their spending. even if a significant tax increase happened, they would still be buying yachts, because they still could afford to. there would be some who would not be able to afford to, but there's a lot fewer people in the lower end of high tax brackets than there are in the higher.
the only yacht companies who would go out of business are the ones unwilling to negotiate on prices.
Suffering in an entertainment sense IS suffering economically. The point of the economy is to increase your "utility", of which entertainment is definitely a component.we wouldn't suffer economically, but we would suffer in a entertainment sense. we could technically do without it, but we would definitely prefer not to.
Even if you're a trust fund kid, still your parents/grandparents/etc likely had to have made a bunch of money.this is true. also note though, that a lot of them were already born into wealth. it's much easier to get to a high place when your family was already up there. I'm not trying to discredit them though, they deserve respect for making it to the top of the food chain.
the fed deals with loans to banks though, not on a personal level, like with taxes.I don't think you can draw a causation here. The Fed's interest rates jumped up to 20% to combat stagflation at this time, which likely had a much bigger effect on the economy.
I don't know if the bush administration had a true flat tax rate. iirc, he did have a tiny bit lower rates for higher income tax brackets. but yes, I would agree that a flat 10% tax rate would stimulate the economy. it would encourage spending in all sectors of the economy, not just the upper levels, which is ultimately best. the only issue is it's difficult with the government's spending habits.Yes, flat 10% tax rate is what I meant.
something you can't live without in today's society, or in your given situation.How do you define "need"?
I would agree, and you and I are mainly drawing the line at different places of what should be sacrificed for others to benefit more.Part of my point I suppose is that there are always people who would "benefit more" (in the very very loose sense in which you seem to be using that phrase). You can apply the same logic to any purchase.
what gives you this idea? I think a lot of the people who could afford yachts have too many ties to this country to really leave.If a significant tax increase happened, the people that could always afford to buy yachts would all leave the country.
and I would agree that they do, we are simply disagreeing on the extent of the effect.But my point was basically just that taxes do have an effect at the margin, no matter what.
even if this is true (which I would agree it is), that doesn't mean suffering in a entertainment sense holds the same value as suffering in a business sense, which is where I would place the loss of computers from my earlier example.Suffering in an entertainment sense IS suffering economically. The point of the economy is to increase your "utility", of which entertainment is definitely a component.
of course, which helps. a lot. it's really difficult to compare the difficulty of certain people doing certain things because of variables like this.Even if you're a trust fund kid, still your parents/grandparents/etc likely had to have made a bunch of money.
Bush taxes definitely weren't flat lol. I was saying that the Bush tax cuts were a difference of just a few percent.I don't know if the bush administration had a true flat tax rate. iirc, he did have a tiny bit lower rates for higher income tax brackets. but yes, I would agree that a flat 10% tax rate would stimulate the economy. it would encourage spending in all sectors of the economy, not just the upper levels, which is ultimately best. the only issue is it's difficult with the government's spending habits.
Ok, so food and water. The vast majority of people in developed countries have those things. It's the people in developing countries that really "need" help.something you can't live without in today's society, or in your given situation.
but are we talking about the needs of a business, or needs of a person?
Put a 100% tax on the rich and it will definitely happen. The rest is just details.what gives you this idea? I think a lot of the people who could afford yachts have too many ties to this country to really leave.
oh, okay, that makes more sense. yeah, it wasn't much of a difference.Bush taxes definitely weren't flat lol. I was saying that the Bush tax cuts were a difference of just a few percent.
not necessarily. you can't render everything down to an absolute minimal sense. in a modern society, we "need" a lot more than just food and water. not in the sense that we would die without these needs (although we might), but in a sense that without them we wouldn't be able to produce what we need to "survive". in addition to food and water, we also need shelter, and we need work; some other needs that are not quite as required as these are a need for legal tender, a need for entertainment, a need for communication, etc. the main difference (or issue, if you wish) between these and the "basic needs" such as food and water is the line between need and want for these is a lot blurrier.Ok, so food and water. The vast majority of people in developed countries have those things. It's the people in developing countries that really "need" help.
I'm not proposing a 100% tax on the rich. that would be insane.Put a 100% tax on the rich and it will definitely happen. The rest is just details.
Just to clarify, I think the idea behind it is not to punish people based on what they make but to maximize the revenue devoted to improving quality of life on a societal scale in the hopes of reducing some of the problems associated with poverty, which themselves are costly and a drain on resources. Also, people in the middle or lower class ranges would be more sensitive to even small reductions in income than the wealthy, and they are more likely to be at risk of sinking into the poor or working-poor classes themselves.Most of us spend on luxuries when we could donate that money to charity.
Saying that the rich are more obliged because they have more money is just setting an arbitrary distinction.
stop talking in absolutes; nobody is saying we should take EVERYTHING. we aren't communists here.The idea of mandatory donation could never work. First off, what would you define as a luxury? Yachts? Video games? Computers? Secondly, it would take away all motivation to make more than (just pulling a random figure) 200,000 or so a year, because that would afford all the luxuries you were allowed to have.
Also, I'd like to ask, what would you do if a group of people broke into your house, taking your TV's, cars, furniture, etc, everything but the bare necessities, and on the way out informed you that they were going to give all of it to the poor, and said they were doing the same thing to EVERYONE. How would you react?
if you can't go by information given, then what can you go by?Anyway, regarding tax cuts for the wealthy not working, do you really have a large enough sample size to show that? Perhaps the economy worsened during the Reagan and Bush years. But that's merely a correlation, not proof of a cause. By the same brilliant logic, since most people are on beds when they die, beds kill people.
can you back up this thought? oh, but you aren't allowed to use information or examples from reality given, because that is strictly correlation.I personally think that government meddling is the cause behind the swings in the economy, with the inflation of the dollar causing the boom/bust cycle. But that's another topic.
Well, the whole idea has to do with enabling them to do more spending, thus stimulating the economy more than things like a safety net, good schools, or any other redistribution of wealth could. This has shown to just not happen. The super rich take their tax cut and for the most part, you know what happens with it? They put it in overseas accounts, they invest it in the stock market... The rich don't get rich through frivolous spending. Basically the very idea upon which tax cuts were grounded doesn't work.The idea of mandatory donation could never work. First off, what would you define as a luxury? Yachts? Video games? Computers? Secondly, it would take away all motivation to make more than (just pulling a random figure) 200,000 or so a year, because that would afford all the luxuries you were allowed to have.
Also, I'd like to ask, what would you do if a group of people broke into your house, taking your TV's, cars, furniture, etc, everything but the bare necessities, and on the way out informed you that they were going to give all of it to the poor, and said they were doing the same thing to EVERYONE. How would you react?
Anyway, regarding tax cuts for the wealthy not working, do you really have a large enough sample size to show that? Perhaps the economy worsened during the Reagan and Bush years. But that's merely a correlation, not proof of a cause. By the same brilliant logic, since most people are on beds when they die, beds kill people. I personally think that government meddling is the cause behind the swings in the economy, with the inflation of the dollar causing the boom/bust cycle. But that's another topic.
If your plan is justified then so is his.stop talking in absolutes; nobody is saying we should take EVERYTHING. we aren't communists here.
Correlation plus logic (and a much bigger sample size, as he said). His point is valid though. Causation may go in the opposite direction too, i.e. a weak economic outlook leads to politicians giving tax cuts.if you can't go by information given, then what can you go by?
Please provide some support for 1.can you back up this thought? oh, but you aren't allowed to use information or examples from reality given, because that is strictly correlation.
also: 1) swings in the economy are going to happen regardless of government meddling, and 2) inflation is natural, is not the only variable that effects the business cycle, and has both positive and negative effects on the economy.
This is incorrect. The reason tax cuts are good is that they lead to more investment and less government spending.Well, the whole idea has to do with enabling them to do more spending, thus stimulating the economy more than things like a safety net, good schools, or any other redistribution of wealth could. This has shown to just not happen. The super rich take their tax cut and for the most part, you know what happens with it? They put it in overseas accounts, they invest it in the stock market... The rich don't get rich through frivolous spending. Basically the very idea upon which tax cuts were grounded doesn't work.
LOL @ who would pay for schools. The government monopoly on schools is horribly inefficient and also leads to situations of the exact type you despise: people using the schools to push an agenda. Schools could easily function in a free market.And also, yeah, I get the whole "taxes = theft" thing. But you know what? Sometimes absolutist morals have to take a back seat to real-world pragmatism. Who would pay for the roads? Who would pay for schools? Do you really want to go back to the days where only a few people could afford schools, and where there were no highways? Yeah, me neither.
But why draw the line at North America? To people in Africa, having a car is a luxury. Having a computer is a luxury.OK, so firstly, you look at what is a luxury. We think that a luxury is something that isn't commonplace in North American societies; we think that automotive industries are necessary because we need cars, we think computers are used for work, basically anything associated with some kind of North American necessity would be kept.
1) The total of all the goods will decrease when you reduce the incentive to produce (take people's salaries away from them)And then you assert the fact that no one wants to gain more money because of this. Well, the funny thing is that the money will have to be redistributed somewhere, so basically, someone will be receiving this money. Monetary gain is really something that denotes a situation by the way, if you're making in the 7 figures, you're obviously a CEO or something of the kind.
The "money" lost during the economic downturn of 2008 didn't go to anyone in particular. It simply disappeared. It wasn't redistributed.Then, you make this assertion that it's unfair for people to break in and take your stuff etc. and we think firstly that we wouldn't take everything, but secondly, the assertion that you make has this underlying assumption that all of a sudden you're yacht is more important than someone's life. Let's talk specifically about the economic downturn of 2008. Because of that, as a direct result, some of the rich but mostly the middle class lost a crapload of money. Where was that money given to? It was distributed to mainly the wealthy business owners who provide necessary services, and the irony is, people end up not being able to afford those necessary services. If you're to talk about what's fair, do you think it's fair that because of situations outside of their control, sometimes even situations made by the people who bankrupt, people should die?
"Greatest good for greatest number" is contradictory. Do you give 1,000,000 utils to 1 person, or 10 utils to 100 people?So, what I'll do for you lastly is expand on my point of utility. So, what John Stuart Mill says is that utilitarianism, and the concept of utility is determined by the greatest good for the greatest amount of people. Firstly, having a yacht isn't as important as buying food for yourself. Secondly, that yacht money could go to hundreds of people to help them. I mean, if you were to fall into a bad situation from something completely out of your control, I think you would say it's fairly outrageous that the rich who sometimes cause the problem keep the money.
We're talking about a North American style of policy right here. This would never occur in Africa, firstly.But why draw the line at North America? To people in Africa, having a car is a luxury. Having a computer is a luxury.
1) The total of all the goods will decrease when you reduce the incentive to produce (take people's salaries away from them)
2) CEOs work ridiculously hard and provide tons of value to the economy. That's why they make a lot of money. (not counting CEOs of companies that are in cahoots with the government though )
The "money" lost during the economic downturn of 2008 didn't go to anyone in particular. It simply disappeared. It wasn't redistributed.
To be more clear: the fact that your stocks went down in value or whatever does not mean that money is going to someone. You still have the same amount of stock. It's just that you can't convert it into as much money.
Anyway, to address the meat of your argument: How many people are really going to die if we don't steal all this money from the rich?
And you say that it's ok to steal from someone if it's going to help someone else, but this pretty much implies that all theft is ok, because the thief always benefits.
"Greatest good for greatest number" is contradictory. Do you give 1,000,000 utils to 1 person, or 10 utils to 100 people?
How do the rich "cause the problem"?
God forbid.@BPC
Just wanted to pop in and say, if I do end up having kids in the future, I'd rather homeschool them myself
Not in smart places. Like, germany. I would pay around 2500 euros tuition total for a top-notch college education. But the issue with colleges is in fact a perfect illustration of what's wrong with privatized education–only the rich can afford it. You have to be super-wealthy or so intelligent that you get an amazing scholarship. That, or you somehow got a college fund, or you place yourself into a fair amount of debt... The kind that you would get into when buying a house.I'd also like to note that people pay for college all the time.
One comment, two words:CEOs work ridiculously hard and provide tons of value to the economy. That's why they make a lot of money. (not counting CEOs of companies that are in cahoots with the government though )
what does that say about anything?One comment, two words:
Tobacco Industry.