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Old 10-06-2009, 07:56 PM   #1
panerd
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Question for people that hate the excessively rich...

I was debating a rich friend (makes like $200 K a year, that's pretty good spending money in St. Louis) of mine about his love of the Democratic Party, especially his hatred of the ultra rich. Without much rational thought he embraces ideas like taxing only the upper percentile for health care, hating people who hide their money offshore, and bitching and moaning about corporations and how they lobby to get tax breaks. But here is where he completely loses me...

This guy works the tax code with a fine tooth comb. He takes every possible tax break he can and always says "Damn right I want my money back". So why should the billionaires live any different? I don't even see this as a pro-business argument like some conservatives do ("The more money he gets back the more he will invest in the economy") I see this as a "Give me one reason why a rich guy shouldn't take every break available just like any other person who pays taxes and isn't an idiot". Not sure how anyone can rationalize my friend’s position or explain how anyone who pays taxes can hate a rich guy taking the same breaks.

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Old 10-06-2009, 08:01 PM   #2
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Class envy seems pretty obvious in this case. He doesn't believe he'll ever catch up on his own merit, therefore he wants them pulled back to his level.
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Old 10-06-2009, 08:05 PM   #3
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I wonder how your friend would have felt about the Dem party if Obama's camp set the dividing line for "rich" at $200K instead of $250K?
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Old 10-06-2009, 08:36 PM   #4
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I wonder how your friend would have felt about the Dem party if Obama's camp set the dividing line for "rich" at $200K instead of $250K?


Yeah the 200K was a rough estimate by me but I bet he is close. He reminds me a lot of Bill Maher in a way, they both champion all these liberal/socialist economic issues when they benefit emmensly from the free market, the exact opposite. (Maher of course being A LOT richer and more successful but the point being that they support things against their own self interests)

I have another friend that buys into the Republican social bs and votes for them even though he actually benefits from a lot of the Democratic economic policies aimed towards the lower class. Crazy world, doesn't seem to think at all. Lets tv tell them what is important. Now tv is saying the war is important again so everyone is talking about it, next tv will take us back to health care, a few years ago it was immigration. Ever notice is isn't taxes? Shouldn't this be the number one thing people care about?
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Old 10-06-2009, 08:43 PM   #5
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It just sounds like your friend is an opportunist and a hypocrite. Big deal, most people are.
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Old 10-06-2009, 08:43 PM   #6
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if you support things that are against your self-interest than aren't you more of a true-believer than those that support only things that are in their self-interest?

i've always sort of looked at it that way...
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Old 10-06-2009, 08:49 PM   #7
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if you support things that are against your self-interest than aren't you more of a true-believer than those that support only things that are in their self-interest? i've always sort of looked at it that way...

Seems like a pretty valid point.
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Old 10-06-2009, 08:50 PM   #8
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Originally Posted by DaddyTorgo View Post
if you support things that are against your self-interest than aren't you more of a true-believer than those that support only things that are in their self-interest?

i've always sort of looked at it that way...

It depends on if you are aware of it or oblivious to it.
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Old 10-06-2009, 08:52 PM   #9
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It depends on if you are aware of it or oblivious to it.
that's true
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Old 10-06-2009, 09:07 PM   #10
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Probably most people on this message board are excessively rich on an worldwide scale. Everyone's jealous of the people ahead of them, no matter how high up their are themselves.

Instead of fretting about what the "rich" should be doing with what they have, we all should be paying closer attention to what we can do, and how we can help others (and having an opinion that taxes should be higher does NOT count as helping others, regardless of how correct such an opinion may or may not be)

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Old 10-06-2009, 09:16 PM   #11
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I think people should worry about themselves and not other people's money or possesions. Besides, it's none of anyones business regarding how or what they spend their money on. Clear case of ugly green jealousy.

Should people get taxed equaly? Yes. What is equal? I have no idea...
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Old 10-06-2009, 09:20 PM   #12
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I would like more focus on eliminating loopholes in the tax system than arguing about how the difference between a 33% and a 36% tax rate is the difference between pure glorious capitalism and Stalinist hell.
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Old 10-06-2009, 09:26 PM   #13
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Probably most people on this message board are excessively rich on an worldwide scale. Everyone's jealous of the people ahead of them, no matter how high up their are themselves.

Instead of fretting about what the "rich" should be doing with what they have, we all should be paying closer attention to what we can do, and how we can help others (and having an opinion that taxes should be higher does NOT count as helping others, regardless of how correct such an opinion may or may not be)


Yep, that's the other point I always try to explain to him. We live in the United States and are in the upper/middle class we have to rank in at least the top 10%, maybe 5% of the world's population in standard of living. Even our inner cities probably rank somewhere near the middle income wise and even though they are bad, not anyhwere near the worst for crime and murder in the world either. (Maybe I am wrong on that last point, have never really researched any of these figures but he seems to accept them all as true. It still doesn't change his mind on the original arguement but it's something)
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Old 10-06-2009, 09:41 PM   #14
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Originally Posted by DaddyTorgo View Post
if you support things that are against your self-interest than aren't you more of a true-believer than those that support only things that are in their self-interest?

i've always sort of looked at it that way...
Either a true believer or stupid.
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Old 10-06-2009, 09:46 PM   #15
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There has always been a class hatred of the rich. Many governments and leaders try to fight it by creating other groups to hate. Blacks, Asians, Mormons, Jews, etc. They were all used as a diversion of sorts from true class warfare.

I do think the anti-rich sentiment has gone too far. I understand those who are upset at the rich people who have abused their position to fuck over people, but that's more a criminal and moral issue. There are also a lot of rich people out there who do great things with their money and live great lives. The biggest problem I see is that we aren't striving to become rich, we are just loathing them and acting entitled to a percent of their income. We aren't looking at a guy like Bill Gates and saying "I'm going to come up with an idea that will change the world" but instead saying "he should pay for everyone's lunch tomorrow".

There is also a flip-side of it where people decide that money is the true value of a person. That the rich should be held in a higher standing. That superficial belief that money will make you a better person is also unhealthy to society.

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Old 10-06-2009, 09:50 PM   #16
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Does Bill Gates bitch about taxes? (Honest question)
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Old 10-06-2009, 09:53 PM   #17
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There has always been a class hatred of the rich. Many governments and leaders try to fight it by creating other groups to hate. Blacks, Asians, Mormons, Jews, etc. They were all used as a diversion of sorts from true class warfare.

I do think the anti-rich sentiment has gone too far. I understand those who are upset at the rich people who have abused their position to fuck over people, but that's more a criminal and moral issue. There are also a lot of rich people out there who do great things with their money and live great lives. The biggest problem I see is that we aren't striving to become rich, we are just loathing them and acting entitled to a percent of their income. We aren't looking at a guy like Bill Gates and saying "I'm going to come up with an idea that will fuck over Steve Jobs and make me look good and I will have lots of money to swim in" but instead saying "he should pay for everyone's lunch tomorrow".

There is also a flip-side of it where people decide that money is the true value of a person. That the rich should be held in a higher standing. That superficial belief that money will make you a better person is also unhealthy to society.

fixed that for you
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Old 10-07-2009, 12:17 AM   #18
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He is a hypocrite and just doesn't realize it yet. Rich is relative and where he may hate someone making a million, there is someone else out there there that will hate him, his $200K salary and his ability to hire someone to look for loopholes.

So, from me to him, tell him he is a rich elitist hypocritical fuck in my eyes.

I can say that because there is probably someone out there making $20K that thinks I'm a rich elitist fuck. Actually, I can think of one person - my mother-in-law.

So, its all relative.
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Old 10-07-2009, 02:34 AM   #19
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The idea that all complaints about the rich come from envy is simplistic and often self-serving. There are genuine reasons for complaining about the rich. No one here angry at the guys who brought the World Financial system to the brink of collapse and then walked out with multimillion dollar bonuses or used bailout money to feather their own nest? Just envy, is it?

It's now generally accepted that the capitalist, free market system generates the maximum wealth overall but it also generates enormous distortions in income. Is a guy who runs out onto a football pitch or cracks corny jokes on TV worth a hundred times or more the guy who puts his life on the line every day in Afghanistan? I think you can make a fair case out for "no". You can see a reasonable complaint there that has more justification than envy.

There are many other comparisons you can find where the remuneration for one job is significantly higher than that of another, not for any reason outside of the markets that each operates in, and only if you elevate the markets to being a perfect measure can you justify these comparisons. The markets are not god and are imperfect and lead to imperfect results. Capital itself can often manipulate markets to its own ends often at the expense of the community.

In this system capital is often favoured over labour. If you're lucky to be left say $500,000 dollars then you can pick up around $25,000 a year interest without doing a day's work but another guys works three crap jobs to make that. Doubtless there will be envy in the worker's complaint but there's some other justification as well.

There are any number of tax minimisation schemes available to the rich that are not available to the poor and middle class resulting in the suoer-rich often paying a significantly less proportion of their income than the poorer in taxes.

There's often a bit more than envy to the complaints.
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Old 10-07-2009, 03:05 AM   #20
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Originally Posted by Mac Howard View Post
The idea that all complaints about the rich come from envy is simplistic and often self-serving. There are genuine reasons for complaining about the rich. No one here angry at the guys who brought the World Financial system to the brink of collapse and then walked out with multimillion dollar bonuses or used bailout money to feather their own nest? Just envy, is it?

It's now generally accepted that the capitalist, free market system generates the maximum wealth overall but it also generates enormous distortions in income. Is a guy who runs out onto a football pitch or cracks corny jokes on TV worth a hundred times or more the guy who puts his life on the line every day in Afghanistan? I think you can make a fair case out for "no". You can see a reasonable complaint there that has more justification than envy.

There are many other comparisons you can find where the remuneration for one job is significantly higher than that of another, not for any reason outside of the markets that each operates in, and only if you elevate the markets to being a perfect measure can you justify these comparisons. The markets are not god and are imperfect and lead to imperfect results.

In this system capital is often favoured over labour. If you're lucky to be left say $500,000 dollars then you can pick up around $25,000 a year interest without doing a day's work but another guys works three crap jobs to make that. Doubtless there will be envy in the worker's complaint but there's some other justification as well.

There are any number of tax minimisation schemes available to the rich that are not available to the poor and middle class resulting in the suoer-rich often paying a significantly less proportion of their income than the poorer in taxes.

There's often a bit more than envy to the complaints.

Well said, Mac.

I don't believe the majority of people are complaining that some hard working people are rich. There are hard working pilots out there that make 20 grand a year. Hard work simply isn't a guarantee for riches.

I'd also say that a lot of money isn't borne out of hard work, but rather nepotism. I can't necessarily fault some tycoon for leaving his/her earned wealth to his own flesh and blood. It's the nature of the system we live in. You work hard, make money, and leave it to your children, and your children's children. It doesn't make those inheriting the riches evil. It also doesn't promise that they will be hardworking and looking out for the welfare of the rest of the people.

I don't know about anybody else, but I like driving on paved roads. I like going to schools that can afford decent teachers. I like going to visit parks. I like having qualified law enforcement and firefighters that possess top of the line training and equipment. I realize that people with much more money than me pay for a lot of those things through taxes. I chip in my share, however little that may be at this point in my life. If I accumulate some sort of wealth, then I would be willing to pay more in taxes. It's really the dirty work of philanthropy, and it separates those that are just in it for good publicity from those who actually do give a shit. That's not to say all wealthy people who front charitable causes are phonies, but being eager to pay more in taxes says more about philanthropic desire, because you aren't going to get your name in the paper for it. You aren't going have a tidbit added to your Wikipedia, or your obituary, saying what tax rate you paid. That means something to me. It's patriotic at its core.

You can still give to the United Way, and pay more tax. I'm assuming that those I'm talking about aren't living a reckless life of luxury and decadence.
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Old 10-07-2009, 05:17 AM   #21
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Well said, Mac.

I don't believe the majority of people are complaining that some hard working people are rich. There are hard working pilots out there that make 20 grand a year. Hard work simply isn't a guarantee for riches.

I'd also say that a lot of money isn't borne out of hard work, but rather nepotism. I can't necessarily fault some tycoon for leaving his/her earned wealth to his own flesh and blood. It's the nature of the system we live in. You work hard, make money, and leave it to your children, and your children's children. It doesn't make those inheriting the riches evil. It also doesn't promise that they will be hardworking and looking out for the welfare of the rest of the people.

I don't know about anybody else, but I like driving on paved roads. I like going to schools that can afford decent teachers. I like going to visit parks. I like having qualified law enforcement and firefighters that possess top of the line training and equipment. I realize that people with much more money than me pay for a lot of those things through taxes. I chip in my share, however little that may be at this point in my life. If I accumulate some sort of wealth, then I would be willing to pay more in taxes. It's really the dirty work of philanthropy, and it separates those that are just in it for good publicity from those who actually do give a shit. That's not to say all wealthy people who front charitable causes are phonies, but being eager to pay more in taxes says more about philanthropic desire, because you aren't going to get your name in the paper for it. You aren't going have a tidbit added to your Wikipedia, or your obituary, saying what tax rate you paid. That means something to me. It's patriotic at its core.

You can still give to the United Way, and pay more tax. I'm assuming that those I'm talking about aren't living a reckless life of luxury and decadence.

Yes, I agree with much of what you say. I'm not criticising the rich so much as suggesting that the system often creates differences which, on value systems other than markets, are unacceptable and contribute to the reasons for complaint.

In fact you do touch on one group that, for me, being in Australia, cannot be rewarded enough and illustrates the point of how markets often miss the point - firefighters. They receive very little - in fact some, the volunteers, receive nothing but miserable "expenses". No market exaggeration there just a complete mismatch of reward for contribution and the eternal thanks of the community.

My point is not to criticise the rich - though some, if not all, do deserve it - but to suggest that the system itself does produce results that justify complaint not characterised by envy alone.
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Old 10-07-2009, 07:00 AM   #22
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Old 10-07-2009, 08:28 AM   #23
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Originally Posted by Mac Howard View Post
The idea that all complaints about the rich come from envy is simplistic and often self-serving. There are genuine reasons for complaining about the rich. No one here angry at the guys who brought the World Financial system to the brink of collapse and then walked out with multimillion dollar bonuses or used bailout money to feather their own nest? Just envy, is it?

It's now generally accepted that the capitalist, free market system generates the maximum wealth overall but it also generates enormous distortions in income. Is a guy who runs out onto a football pitch or cracks corny jokes on TV worth a hundred times or more the guy who puts his life on the line every day in Afghanistan? I think you can make a fair case out for "no". You can see a reasonable complaint there that has more justification than envy.

There are many other comparisons you can find where the remuneration for one job is significantly higher than that of another, not for any reason outside of the markets that each operates in, and only if you elevate the markets to being a perfect measure can you justify these comparisons. The markets are not god and are imperfect and lead to imperfect results. Capital itself can often manipulate markets to its own ends often at the expense of the community.

In this system capital is often favoured over labour. If you're lucky to be left say $500,000 dollars then you can pick up around $25,000 a year interest without doing a day's work but another guys works three crap jobs to make that. Doubtless there will be envy in the worker's complaint but there's some other justification as well.

There are any number of tax minimisation schemes available to the rich that are not available to the poor and middle class resulting in the suoer-rich often paying a significantly less proportion of their income than the poorer in taxes.

There's often a bit more than envy to the complaints.

Quote:
Originally Posted by Karlifornia View Post
Well said, Mac.

I don't believe the majority of people are complaining that some hard working people are rich. There are hard working pilots out there that make 20 grand a year. Hard work simply isn't a guarantee for riches.

I'd also say that a lot of money isn't borne out of hard work, but rather nepotism. I can't necessarily fault some tycoon for leaving his/her earned wealth to his own flesh and blood. It's the nature of the system we live in. You work hard, make money, and leave it to your children, and your children's children. It doesn't make those inheriting the riches evil. It also doesn't promise that they will be hardworking and looking out for the welfare of the rest of the people.

I don't know about anybody else, but I like driving on paved roads. I like going to schools that can afford decent teachers. I like going to visit parks. I like having qualified law enforcement and firefighters that possess top of the line training and equipment. I realize that people with much more money than me pay for a lot of those things through taxes. I chip in my share, however little that may be at this point in my life. If I accumulate some sort of wealth, then I would be willing to pay more in taxes. It's really the dirty work of philanthropy, and it separates those that are just in it for good publicity from those who actually do give a shit. That's not to say all wealthy people who front charitable causes are phonies, but being eager to pay more in taxes says more about philanthropic desire, because you aren't going to get your name in the paper for it. You aren't going have a tidbit added to your Wikipedia, or your obituary, saying what tax rate you paid. That means something to me. It's patriotic at its core.

You can still give to the United Way, and pay more tax. I'm assuming that those I'm talking about aren't living a reckless life of luxury and decadence.

Very well said.

I don't hate rich people, and I am not envious. At the same time, I have yet to understand how, as a society, we can justify paying 25 million dollars a year to someone to play a sport. This goes for athletes, musicians, actors, etc., but I am not envious of them. We live in a society that allows for this, even encourages it, and if I am unable to take advantage of it then it is my problem. It doesn't change my befuddlement regarding how some of these people can keep making the kind of money they make, but I digress...
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Old 10-07-2009, 08:31 AM   #24
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Yes, I agree with much of what you say. I'm not criticising the rich so much as suggesting that the system often creates differences which, on value systems other than markets, are unacceptable and contribute to the reasons for complaint.

In fact you do touch on one group that, for me, being in Australia, cannot be rewarded enough and illustrates the point of how markets often miss the point - firefighters. They receive very little - in fact some, the volunteers, receive nothing but miserable "expenses". No market exaggeration there just a complete mismatch of reward for contribution and the eternal thanks of the community.

My point is not to criticise the rich - though some, if not all, do deserve it - but to suggest that the system itself does produce results that justify complaint not characterised by envy alone.

Great example. I would also add policemen and any member of the military. As a veteran, I know first hand how little military personnel actually make, despite the general opinion that they get "free" housing and what expenses do they "really" have to worry about? I was lucky to make $25k/year while on active duty.
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Old 10-07-2009, 08:40 AM   #25
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There's probably not a person in the U.S. that doesn't think, "If I had more money, I'd be happy to chip in more taxes". That doesn't make one morally superior to those with more money.

That's the thing that bugs me about this discussion. Someone isn't morally better just because they have less money. That's the implication of those kind of comments. Hating the rich alone doesn't fulfill your moral obligations of a human, IMO. Thinking that other people should spend their money differently doesn't make you a good person, or a compassionate person. Stop whining, get out the checkbook, and do what you can yourself with your own EXCESSIVE wealth (that everyone here has, on a worldwide scale).

I started with pretty much nothing and worked to get to somewhere around the high end of middle class, not quite upper middle class. I have some stuff I don't need, and I definitely take some trips/vacations I don't need to. I don't feel that makes me morally worse than someone who has less stuff they don't need, and takes less vacation. With that same line of thinking, I don't feel morally superior to someone who has even more stuff they don't need than me. My worth/moral value is a personal issue, and something I have to grapple with in determining how much to give to charity, etc. I don't have all the information to judge someone else's character just based on the money they have, and how they live.

I think there's this mindset: "I don't have to give to charity, I would if I had more money though". The class warfare really brings that to a different level, because caring for others is believed to be the exclusive responsibility of the rich.

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Old 10-07-2009, 08:41 AM   #26
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Question that might somehow relate to this, at least in terms of hypocrisy.

I am against government subsidies for farms, but I definitely take them when offered. Am I a hypocrite?
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Old 10-07-2009, 08:49 AM   #27
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Question that might somehow relate to this, at least in terms of hypocrisy.

I am against government subsidies for farms, but I definitely take them when offered. Am I a hypocrite?

Definitely not, IMO. Unless you're running your farm as strictly as ideological statement. Which I'm guessing you're not.
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Old 10-07-2009, 08:55 AM   #28
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Originally Posted by molson View Post
There's probably not a person in the U.S. that doesn't think, "If I had more money, I'd be happy to chip in more taxes".

Huh? {rubs eyes} Am I reading that wrong?

Off hand I can't think of a single person I know well enough to have had even the vaguest of conversations with about taxes who thinks that way. From my closest friends to a cable installer who I'd never seen before nor since but the idle chit chat happened to include some general state of the economy conversation. From the wealthiest to the lowest income.

At the absolute most you might get something like "I'd begrudge it a little less than I do" but even if you get past rate or methodology there's too much dissatisfaction with how the money is spent to ever get anywhere near "happy to" or even in the same area code with "I don't really mind".

I think I've almost gotta be reading what you meant wrong or something, because how I understood what you said is about as far from my own experience as anything I've ever seen here at FOFC (and that's some pretty broad company).
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Old 10-07-2009, 09:00 AM   #29
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Huh? {rubs eyes} Am I reading that wrong?

Off hand I can't think of a single person I know well enough to have had even the vaguest of conversations with about taxes who thinks that way. From my closest friends to a cable installer who I'd never seen before nor since but the idle chit chat happened to include some general state of the economy conversation. From the wealthiest to the lowest income.

At the absolute most you might get something like "I'd begrudge it a little less than I do" but even if you get past rate or methodology there's too much dissatisfaction with how the money is spent to ever get anywhere near "happy to" or even in the same area code with "I don't really mind".

I think I've almost gotta be reading what you meant wrong or something, because how I understood what you said is about as far from my own experience as anything I've ever seen here at FOFC (and that's some pretty broad company).

As much as it disturbs me, I had pretty much the exact same reaction as Jon.
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Old 10-07-2009, 09:01 AM   #30
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As much as it disturbs me, I had pretty much the exact same reaction as Jon.

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Old 10-07-2009, 09:06 AM   #31
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There's probably not a person in the U.S. that doesn't think, "If I had more money, I'd be happy to chip in more taxes". That doesn't make one morally superior to those with more money.

I also find this comment to be rather odd. *shrug*
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Old 10-07-2009, 09:12 AM   #32
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Geez, that went over well...

I guess I meant taxes as a part of my overall point about the poor feeling morally superior to the rich. They feel that if they were in the same shoes, they'd "behave better" - be more charitable, live a more "reasonable" lifestyle, not be obsessed with tax loopholes, etc. Making that point with the tax comment was a poor choice, since many people do have their own independent aversion to government taking and wasting their money, regardless of how much they make.

And I'd back off from "everyone" and say, "those that hate the rich".

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Old 10-07-2009, 09:17 AM   #33
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Where are all the excessively-rich haters to answer this question?
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Old 10-07-2009, 09:21 AM   #34
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In fact you do touch on one group that, for me, being in Australia, cannot be rewarded enough and illustrates the point of how markets often miss the point - firefighters. They receive very little - in fact some, the volunteers, receive nothing but miserable "expenses". No market exaggeration there just a complete mismatch of reward for contribution and the eternal thanks of the community

In the U.S, there's dozens or more firefighter association charities that assist with things like funerals, labor negotiations, etc.

Capitalism works far, far, better if people are charitable. Charity fills the gap of the parts of capitalism that feel "unfair". The great thing is, its up to the people, not the government, to decide where those pockets of unfairness are. The answer isn't always "raise taxes!". A dollar to a good charity will go further than any dollar to the government.

It doesn't make much sense for a government to pay a firefighter 5 times what they need to have a fire department, when there's so many other pressing needs.

Somebody brought up the salaries of athletes as some kind of injustice, but isn't that a sign of progress? Years ago, the owners just kept all the money. Now, the players fought back, and are finally fairly compenstated for their contributions to the business of sports. Firefighters have made a lot of gains in recent years too, some places more than others.

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Old 10-07-2009, 09:24 AM   #35
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Where are all the excessively-rich haters to answer this question?

Sometimes they can't admit that this is how they feel, but its very obvious, even from posts in this thread.
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Old 10-07-2009, 09:26 AM   #36
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Sometimes they can't admit that this is how they feel, but its very obvious, even from posts in this thread.

Since you clearly have the ability to see into people's hearts and tell who hates the rich, why don't you name names? What posts in this thread make it clear that the poster hates the rich?
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Old 10-07-2009, 09:28 AM   #37
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The answer isn't always "raise taxes!".

Clearly you haven't been paying attention to our politicians.
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Old 10-07-2009, 09:28 AM   #38
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Since you clearly have the ability to see into people's hearts and tell who hates the rich, why don't you name names? What posts in this thread make it clear that the poster hates the rich?

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Old 10-07-2009, 09:30 AM   #39
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It doesn't make much sense for a government to pay a firefighter 5 times what they need to have a fire department, when there's so many other pressing needs.

Why do you hate firefighters?

Obviously my point is that, while there are some who look at these things simplistically, you can have opinions about the amount the rich are taxed without hate, and starting this conversation on that note seems a little silly to me.
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Old 10-07-2009, 09:33 AM   #40
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I think good points are made above, about valid criticisms of the rich. I would add that there are those, myself among them, who have a more philosophical problem with the rich. Beyond all the talk of who works hard, and whether they get what they deserve, how our market works, blah, blah, blah, I just can't imagine being ethically okay with having as much money as the ultra rich do. In a world with as much problems as we have, I have a moral issue with people sitting on boatloads of money and spending it on extravagance. They certainly have every right in the world to do what they want with their money, and I know most people don't agree with me. But I would say that that is a big component of my problem with the rich, and it also doesn't have anything to do with envy.
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Old 10-07-2009, 09:34 AM   #41
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Why do you hate firefighters?

Obviously my point is that, while there are some who look at these things simplistically, you can have opinions about the amount the rich are taxed without hate, and starting this conversation on that note seems a little silly to me.

The thread is about people that hate the excessively rich. No, that doesn't include anyone with an opinion about how they should be taxed. I'm just expressing an opinion that some of those opinions, and other comments I read here, are rooted in a jelously and hatred, which manifests itself in a feeling of moral superiority, which is damaging to our country. As long as you hate the rich, and want them to pay more taxes, you can feel like a good person. People think they're compassionate because they want the rich to pay more money, and I think that desire can be as easily rooted more in jelousy and hatred, than compassion.

I don't understand the point about the firefighters. I think everyone should get what they can in the market.

Last edited by molson : 10-07-2009 at 09:35 AM.
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Old 10-07-2009, 09:34 AM   #42
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I don't see the contradiction between saying that charity is good and should be encouraged while also saying that given the level of services the majority of people seem to want from the federal government, taxes should be raised to at least come closer to a balanced budget, and given that the most rich are paying an historically low percentage of their income in overall tax burden, they should be able to absorb a modest increase in their federal income tax.

Believing that doesn't mean I hate anybody.
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Old 10-07-2009, 09:36 AM   #43
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I think good points are made above, about valid criticisms of the rich. I would add that there are those, myself among them, who have a more philosophical problem with the rich. Beyond all the talk of who works hard, and whether they get what they deserve, how our market works, blah, blah, blah, I just can't imagine being ethically okay with having as much money as the ultra rich do. In a world with as much problems as we have, I have a moral issue with people sitting on boatloads of money and spending it on extravagance. They certainly have every right in the world to do what they want with their money, and I know most people don't agree with me. But I would say that that is a big component of my problem with the rich, and it also doesn't have anything to do with envy.

This.
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Old 10-07-2009, 09:39 AM   #44
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I don't see the contradiction between saying that charity is good and should be encouraged while also saying that given the level of services the majority of people seem to want from the federal government, taxes should be raised to at least come closer to a balanced budget, and given that the most rich are paying an historically low percentage of their income in overall tax burden, they should be able to absorb a modest increase in their federal income tax.

Believing that doesn't mean I hate anybody.

I'm not saying one necessarily hates someone if they want the rich to pay higher taxes. I'm just identifying a mindset in the U.S that, in my opinion, exists. That's all.

Is usually bugs me mostly in the context of Democrats claiming that they're the "compassionate" party because they want other people to pay more money. Nobody's made that claim here, so that sentiment is out of left field and not responsive to anything here. But it relates closely to class warfare and a hatred of the rich, which is the other half of that drug that's sold to the masses to win votes.

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Old 10-07-2009, 09:43 AM   #45
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There's a common misconception that Democrats as a whole hate the excessively rich as a grouped class, which I don't think is true. What I think is true is that Democrats as a whole are more likely than Republicans as a whole to point to abuses made primarily by the excessively rich which creates a perception of the Democratic Party as being anti-rich. Conversely I'd suggest that Republicans are more likely than Democrats to point to abuses made primarily by the poor (i.e. welfare abuse).

It's tempting to think this is largely electorally-driven, but the "excessively rich" simply aren't a large enough voting bloc upon which the Republicans to rely. Thus we get the scenario where Democrats point to large swathes of the GOP electorate voting against their economic interests and paint them as "stupid" while the GOP can paint groups in the Democratic party as "lazy & poor, but voting in their economic interest" and "over-privileged and dumb for voting against their economic interest", both of which ignore the nuanced and principled reasons why people vote certain ways.

Yay politics.

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Class envy seems pretty obvious in this case. He doesn't believe he'll ever catch up on his own merit, therefore he wants them pulled back to his level.

Yep. Although we're taking panerd's depiction of his friend as read, and it's a pretty negative depiction, almost a caricature.

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Without much rational thought he embraces ideas like taxing only the upper percentile for health care, hating people who hide their money offshore, and bitching and moaning about corporations and how they lobby to get tax breaks. But here is where he completely loses me...

This guy works the tax code with a fine tooth comb. He takes every possible tax break he can and always says "Damn right I want my money back". So why should the billionaires live any different?

I'm not defending this guy, but you're conflating a lot of disparate examples in your characterization of him.

For instance, if you're saying that he wants the top percent taxed more to provide for health care but that he, if he was in the top percent, wouldn't want to be taxed for that reason, then yes, that's hypocritical.

Hating people who hide money offshore doesn't seem unreasonable in the sense that doing this to avoid paying taxes is actually illegal. Are you criticizing someone for "hating" illegal activity, or are you implying that if he had the means he would do the same thing? If it's the latter, and if you know for sure he'd do this, then yes, he's being hypocritical.

As for the concept of tax breaks and loopholes, I see it as the same as lungs' example. I may want the tax system cleaned up of tax breaks and loopholes (for both individuals and for corporations) but while they exist I'm going to take advantage of them. I honestly don't view that as being hypocritical.

The core issue here, as others have noticed, is the cognitive dissonance you're experiencing by witnessing people vote/act against their economic interests. Put simply, there are a wide array of reasons why people would vote against their economic interests, and not all of them (the people or the reasons) are crazy. That's not to say that some people clearly voting against their economic interests aren't doing it because they're idiots and/or fundamentally misunderstand their economic position, but to say, instead, that it's a much more nuanced concept for most people than you're portraying here.

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fixed that for you

If you're going to do this, could you at least bold the parts you changed? Sorry, pet peeve.
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Old 10-07-2009, 09:46 AM   #46
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There's a common misconception that Democrats as a whole hate the excessively rich as a grouped class, which I don't think is true. What I think is true is that Democrats as a whole are more likely than Republicans as a whole to point to abuses made primarily by the excessively rich which creates a perception of the Democratic Party as being anti-rich. Conversely I'd suggest that Republicans are more likely than Democrats to point to abuses made primarily by the poor (i.e. welfare abuse).

That's fair - I don't think any of the bad stuff is really at the root of the intended message of either party as a whole, but it's very, very easy to use the bad stuff to get people riled up for the wrong reason.

Members of the Democratic party, as a whole, are better educated than members of the Republican party, so the deception/tricks have to be a little more subtle. But they need scapegoats and enemies too. You can't sell that without selling moral superiority also. Obviously with Repubilcans, that dynamic is way less subtle.

Republicans can feel morally superior to the godless and the sinners and the criminals, and sadly, in some cases, the minorities and the gays.

Democrats can feel morally superior to the rich, the uneducated, and the religious. How can one be "right" and be so sure the other side is "wrong", unless they're somehow better than the other side?

I don't know if political parties can exist without that dynamic.

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Old 10-07-2009, 09:46 AM   #47
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If you're going to do this, could you at least bold the parts you changed? Sorry, pet peeve.

No problem, some of the stuff that gets fixed is rather lengthy.
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Old 10-07-2009, 09:51 AM   #48
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I don't envy the rich because I plan to be like them myself(money wise) in the next 10 years.
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Old 10-07-2009, 09:51 AM   #49
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I think we need to define what is meant by "hating the excessively rich".

In the course of several threads that have touched on this topic it seems to me that this phrase has been used to describe:

People who hate people who use their money to engineer the tax code to their advantage.
People who hate people who illegally hide their income from the IRS.
People who hate people with more money than them (or some arbitrary threshold of "wealth").
People who hate people who run wealthy corporations.
People who want the tax rate on top earners raised (at all, or by a certain percent, etc...).
People who want to repeal Bush's tax cuts.
Etc, etc, etc....
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Old 10-07-2009, 09:53 AM   #50
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I've complained enough about the filthy rich, so I guess I could put my point out there.

I think as Rainmaker said, a big deal of my hate is actually at criminal, or at least what I consider unethical and inefficient, behavior. I'm not sure which side actually wins out, despite the typical emphasis being on morality and such, I think I'm actually offended most by the simple inefficiency of a lot of the actions the dirty rich are taking.

In my opinion it is all well and good to make a billion dollar fortune and live like a king AND NEVER GIVE A DIME TO CHARITY. In fact, I can guarantee if I made a billion dollars or even a trillion dollars, I would probably not donate any sort of noticeable fraction of it to charity. I would, and have, volunteered my time to causes I am interested in, and I was the annoying guy working twice as fast as everyone else and taking on all the dirty/hard jobs while everyone else was chit-chatting and feeling good at themselves for showing up. But I don't believe in giving money away, and while I think people need and deserve help, and shouldn't be left to the wolves, if I'm not directly doing the work myself I do not care to give a few hundred or a few million to some organization and pat myself on the back as a good person.

So considering I'd sit on a trillion dollars and never donate to all the causes people say a rich person should, I'd fall right into the 'hated by all' section. Fine by me!

But seeing a multi-million dollar golden parachute for dumb-fucking your way through bad business decision after bad decision... that makes me want to break out the guilllotine. I also hate people hiding behind capitalism to justify cruelty or defensive fuedal structures to preserve the aristocracy. We have so much wealth because we let poor losers like myself have an idea of 'sky is the limit'. Now it seems to a large degree it is a carrot being held in front of everyone, but everyone sort of dumb scheme is being done behind backdoors to subvert that power for mostly petty reasons (the current class of super rich being fat and weak, turning towards manipulation and extraction to preserve wealth, rather than genius or hard work to create wealth, two very different things with differing end results).

Sadly in a lot of ways I qualify as the beast I'm railing against. Probably a hypocrite in general, although I think I've managed to avoid specific offenses. For instance, I have profited off of stock market hijinks, similar to most of the folk that I hate, but at the same time I justify it that I didn't use stupid excesses of power to extract the profit, I just noticed someone else doing so and arranged my bets to take advantage of it. And sure I shorted the banks, no doubt contributing in my small way to their stock crashing, but in truth they were overpriced and had made bad decisions, so they created the misery and I just profited off of it.

So in short, I guess I'm a self-loathing wanna be trillionaire (no where close of course). I'm still going to hate on the rich (although I believe I've shown my respects to Gates and Buffett among others) for being dumb and complaining when they have enough to live comfortably while others have to scrap to survive. In this case my past is more responsible for my feelings than my present (and my hopes for the future are irrelevant, I don't believe the government should pull down people richer than me for my own benefit, I believe the government should get the fuck out of my way as I try to get myself filthy rich for my own benefit, instead of basically acting as a thug for the filthy rich of a few generations ago).
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