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View Diary: Taxing the rich: it's not about "fairness" (182 comments)

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  •  Thank you so much for summing this up so well (8+ / 0-)

    I've passed this on via Facebook.  I mentioned above what I appreciated about what you've done here: bringing back discussion of externalities and going past the quicksand of "fairness."  Who cares if a system if "fair" if it clearly isn't working?

    I hope to see more essays from you!

    •  One cynical question keeps nagging at me: (6+ / 0-)

      Do the ultra wealthy give a shit whether the system is or isn't working for most people as long as it's working for them? I'm afraid not. Many, if not most, of the ultra wealthy believe they have the money they do because they're smarter and, therefore, more deserving.

      “Social Security has nothing to do with balancing a budget or erasing or lowering the deficit.” -- Ronald Reagan, 1984 debate with Walter Mondale

      by RJDixon74135 on Sun Nov 25, 2012 at 07:57:58 PM PST

      [ Parent ]

      •  Yes and the Romney family is a perfect (6+ / 0-)

        example.

        Mitt, Anne, and the boys think that because Mitt donated the remainder of his inheritance to charity that he built his career and wealth all by himself.

        Ignoring, of course, that his parents invested in his education and success ALL along the way; the private schooling, the freedom to go to Stanford (and to transfer to BYU), the stock certificate gift for living money when he and Anne were both in college, the family loan for their first house while Mitt was in law and business school at Harvard (which was paid for my Mom and Dad, of course), and not least of which was the time and money they invested in politics, which made it a lot easier for him to compete in that arena.

        But no, Mitt and his prodigy believe they deserve all that because they are smarter and more righteous.

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