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Motown_Johnny

(22,308 posts)

20. Redistribution? Seriously?

Reply to dkf (Reply #16)

Sun Dec 25, 2011, 12:56 PM

Dec 2011

The people getting rich do so at the expense of others. That is simply the way capitalism works. If some of their profits need to go back to the people who helped them get rich then so be it.

What Reagan did was redistribution.

He (and his allies) changed tax laws to give more money to the wealthy and then told everyone that they would spend it so everyone would do better. Well, they didn't spend it and the vast majority did worse. I don't know if that was the plan all along or if their incompetence was so overwhelming that they actually believed it. Either way it didn't work.

Now THAT was redistribution.

Fairness isn't redistribution.

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24 replies

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Highlight:

Serious question: Doesn't Dem support of the payroll tax cut undermine the case for lifting the cap? [View all] stockholmer Dec 2011 OP

Social Security loses no money due to this. MjolnirTime Dec 2011 #1

No. In a sense that is kind of what it is doing. lumberjack_jeff Dec 2011 #2

The whole budget talk is just RW BS to try to cut social programs. They have NO serious discussion Vincardog Dec 2011 #3

No, I'd say exactly the opposite frazzled Dec 2011 #4

Exactly. Those who already looked askance at coalition_unwilling Dec 2011 #5

I don't think so to the first, possibly to the second wryter2000 Dec 2011 #6

No, we favor progressive tax policies and they favor regressive tax policies Motown_Johnny Dec 2011 #7

Is SS supposed to be a progressive program? dkf Dec 2011 #12

progressive TAX policies Motown_Johnny Dec 2011 #13

Are you kidding me? SS is the most regressive tax policy we have. dkf Dec 2011 #14

which is why the cap should be lifted Motown_Johnny Dec 2011 #15

Then you either payout more or it loses it's "retirement program" dkf Dec 2011 #16

It is already the case that those who pay more in get larger payouts Bluenorthwest Dec 2011 #17

Redistribution? Seriously? Motown_Johnny Dec 2011 #20

A n important question: kentuck Dec 2011 #8

IMO, the self-funding mechanism is fiscally unimportant but politically important Jim Lane Dec 2011 #10

Which is why raising the cap should mean raising the benefits if you want to keep it consistent. dkf Dec 2011 #11

That is of course going to happen Bluenorthwest Dec 2011 #18

You are correct. And this is precisely why Republicans want to decimate the program. CTyankee Dec 2011 #22

Look at it another way karynnj Dec 2011 #23

I have to agree with Bachman on this Skink Dec 2011 #9

No it does not. I'm not that crazy for the payroll tax cut, but it does not mess with Bluenorthwest Dec 2011 #19

It already was defined as a tax increase by the Republicans - because it is karynnj Dec 2011 #21

I think what Obama is trying to do requires a complete new mindset NNN0LHI Dec 2011 #24