Outrageous wealth (Letter to the Editor)

Press Democrat ^ | 9 Dec 2017

[Lurker]

One could have stopped reading at “Press Democrat”.

L

[Lurker]

“The Citizens United decision has magnified this effect to the point that the outrageously rich are a serious problem for the rest of the community.”

So what are you going to do about it, Stevie? Go ahead, take the next logical step in your thinking.

L

[17th Miss Regt]

If someone makes $100 million in one year and the government takes 90 percent in taxes, they still have enough to live well for at least one lifetime — and probably enough for many successive generations. But they are frightened about losing the other $90 million even though some of their compatriots are homeless.

As I read this, the author assumes $100M in income and a 90% tax rate. This yields $90M for the government that year with $10M remaining to the earner. The author then makes a statement about the earner being frightened about losing the other $90 million he wants to keep. But the earner has only $10M left.

The author has made at least an $80M error in his calculations here. Perhaps it is because on his overpowering sense of jealousy and envy that he cannot do simple math.

[Noumenon]

Or “Outrageous Wealth” - that right there...

You can just imagine the lip curled in righteous indignation.

[Kickass Conservative]

So, the Rich are nothing but Slaves? Got it.

Why work hard if the Government can lay claim to 90% of your Labor? Just become one of the Government Dependents who lives off the money the Government steals for you (and your Vote).

Incentive is for fools to a wannabe Commie.