I'm watching the NEWS and the topic of the day is about
"TAXING THE RICH"
"TAXING THE RICH"
The Rich DO NOT PAY TAXES!!!!!!!!
(See my previous post for explanation.)
(See my previous post for explanation.)
Since I'm also a pinhead, I assumed everyone would be able to think logically enough to expand on my previous concept. Especially since I (a fellow pinhead) can understand it.
Let's expand on the concept of ECONOMY = MOVEMENT of MONEY. (Explained in my previous post.)
- Time spent well, time wasted.
A lot of time and money is spent on "Escapism". Yes, people need to "decompress", but not 4 hours a day.
Money and time spent on escaping from reality is the same as opening the windows in the dead of winter... the only result is higher fuel bills.
Complex government regulations are the same. They waste valuable time and resources because there are no products produced that provide value to anyone... just aggravation and fear..
- Too much money is in the control of too few people. (No, not communist here.)
There are super wealthy individuals, organizations and countries that have an excess of IDLE money. This idle money is used to leverage markets by buying up surplus to get a higher profit on artificially rarified supply. Taxing IDLE money would make it more profitable for these control freaks to put their idle money into investments that cause money to move. Only moving money creates more wealth.
- Rich is not necessarily Evil.
Just because a person is rich doesn't mean that this "rich" person is doing anything wrong. Investments that provide capital to build more "money movers" is a good thing.
- Stupid investments.
Mistakes like making an Edsel when everyone wants Volkswagens is a waste of economy (money). Solyndra anyone?
- Planned Obsolescence:
Items made to fail to force consumers to buy new builds more poverty.
Cash for Clunkers made used cars much more expensive for those unable to afford a new car. Working poor cannot afford new cars.
Yet, the working poor are the ones that build items that provide value.
* Safety considerations can logically force obsolescence.
* Poor is a relative term.
(A friend of mine complained of making ONLY $25/hr back in the 60's. He felt poor when the average wage was $6.25/hr where I lived.
- Needs, then Wants
Our main social structure must provide for the needs of all.
Needs = food, shelter
Wants help make life more pleasant.
Focus should be spent on making needs less expensive so more money can be spent on wants
. - Diversity
New technology and new products would be very difficult to discover if we all thought the same way.
Seen on Lib Wailing Wall...
"We need more rich to suck money from"
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