The pilot shortage is over:
#161
He also built his own house. "Grab bars and foot pads in the master shower are custom designed. Dates get the house tour 'those grab bars aren't in the right place.' I just smile. They look at the bars and foot pads, look at me smiling....' At some point most of them get it."
#162
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Joined APC: Jul 2021
Posts: 378
This is a very hypothetical discussion, and what you point out is ALWAYS the big problem with any sort of entitlement taxation.
There's no good answer. My (hypothetical) intent is not to redistribute wealth but rather to dilute the inevitable concentration of power in the elite class, and allow more people to enjoy self-sufficiency. So I'm certainly not suggesting welfare. Public infrastructure?
There's no good answer. My (hypothetical) intent is not to redistribute wealth but rather to dilute the inevitable concentration of power in the elite class, and allow more people to enjoy self-sufficiency. So I'm certainly not suggesting welfare. Public infrastructure?
People would not be responsible and save money if there were no benefit we know this because most people treat the hotel thermostat differently than their home thermostat.
The only way to redirect inheritance is to change the law faster than human behavior can adapt.
You couldn’t even invest in public infrastructure for very long because eventually later generations would just check the mail with a helicopter or have a tiger on a gold leash if they knew they couldn’t preserve anything for their own kids.
Inflation would crush the masses because the millions of responsible people would quit being responsible and Ferrari would out sell Hyundai.
I always wonder when people talk about wealth concentration in the USA what country or culture ever existed where wealth was less concentrated. All you ever hear for 20 years after WW2.
So out of 5,000 years of world civilization we are the least wealth concentrated society ever, except for a 20 year period that ended 60 years ago.
#163
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Joined APC: Apr 2018
Posts: 3,238
The real problem is if you can’t concentrate wealth there wouldn’t be any wealth.
People would not be responsible and save money if there were no benefit we know this because most people treat the hotel thermostat differently than their home thermostat.
The only way to redirect inheritance is to change the law faster than human behavior can adapt.
You couldn’t even invest in public infrastructure for very long because eventually later generations would just check the mail with a helicopter or have a tiger on a gold leash if they knew they couldn’t preserve anything for their own kids.
Inflation would crush the masses because the millions of responsible people would quit being responsible and Ferrari would out sell Hyundai.
I always wonder when people talk about wealth concentration in the USA what country or culture ever existed where wealth was less concentrated. All you ever hear for 20 years after WW2.
So out of 5,000 years of world civilization we are the least wealth concentrated society ever, except for a 20 year period that ended 60 years ago.
People would not be responsible and save money if there were no benefit we know this because most people treat the hotel thermostat differently than their home thermostat.
The only way to redirect inheritance is to change the law faster than human behavior can adapt.
You couldn’t even invest in public infrastructure for very long because eventually later generations would just check the mail with a helicopter or have a tiger on a gold leash if they knew they couldn’t preserve anything for their own kids.
Inflation would crush the masses because the millions of responsible people would quit being responsible and Ferrari would out sell Hyundai.
I always wonder when people talk about wealth concentration in the USA what country or culture ever existed where wealth was less concentrated. All you ever hear for 20 years after WW2.
So out of 5,000 years of world civilization we are the least wealth concentrated society ever, except for a 20 year period that ended 60 years ago.
#164
#166
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Joined APC: Dec 2007
Position: Window seat
Posts: 5,482
#167
Pick one. The libertarians are hypocrites as soon as their credit card gets hacked, they’re in need of consumer protection, or they fail to pull themselves up by their “bootstraps”. Don’t demonize the general fund or institutions.
#168
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Joined APC: Jul 2021
Posts: 378
The wealth of a company being attached to a single social security number doesn’t change wealth and privilege concentration in a way society can experience.
It’s also hypothetical wealth they can’t sell with destroying the price. Most company’s do good to sell the whole company for 7 years profit. So if Facebook makes 40B a year you can sell the whole company for 280B.
Facebook is advertised as worth 1.7Trillion and it makes 40B, so that is like buying a business for 1.7 million that makes 40k a year.
Like using average instead of median
#170
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Joined APC: Jul 2013
Posts: 4,752
Again, tell us you haven't observed the way govt operates while telling us you HAVEN'T observed the way goverment operates.....
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