Comment Re:Tax planning and rich people (Score 1) 2115
Explain to me how it is moral for the government to do what would be immoral for you individually to do. If we have a government of delegated powers, then how can you delegate a power you yourself do not have?
Every government in history has used the threat of jail and violence to do things which advance the common good in violation of individual's wishes. Police, military, IRS, etc. It sounds like you're unsure about that basic principle. And specifically with regard to progressive taxation:
The necessaries of life occasion the great expense of the poor. They find it difficult to get food, and the greater part of their little revenue is spent in getting it. The luxuries and vanities of life occasion the principal expense of the rich, and a magnificent house embellishes and sets off to the best advantage all the other luxuries and vanities which they possess. A tax upon house-rents, therefore, would in general fall heaviest upon the rich; and in this sort of inequality there would not, perhaps, be anything very unreasonable. It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion
That's a quote from Adam Smith, often called the father of modern capitalism. If you don't accept that argument, you're so far ideologically from myself or voters in our democracy that your best move is probably to move to this floating city and talk with its other inhabitant about Atlas Shrugged all day.
"Investing in the poor" has been the rallying cry for ever expanding government and ever expanding pubic debt for the last 100 years. How has that worked out for us? Have the poor been raised up? Surely after 100 years of social programs, welfare, public education the poor are now well off, right? Oh, they aren't? More people are on public assistance than every before and there are no signs of that changing?
You started with a pretty reasonable question, but I think you're oversimplifying the answer...