kid chameleon
Dark Match Jobber
Redistribution of wealth refers to the transfer of wealth from some individuals to others. Historically: "Redistribution of wealth" is specific to when assets are seized from one entity and redistributed to another entity in a process to cause economic equality. (Case example: the land was taken from the lords and given to the serfs.) Communists believe "Redistribution of wealth" is an approach for equality between the rich and the poor. Socialists deem it necessary to keep the inequality gap from widening any further. Today's Republicans and Democrats do not believe in "redistribution of wealth" through nationalization or the taking of assets.
Republicans and Democrats disagree on a fair approach of taxing future income. Republicans say that having a progressive income tax on the wealthy is unfair, counter productive and is a "transferring of wealth". Democrats say that the wealthy are able to pay more of their future income for the benefit of the rest society. -Rhetoric-
"Redistribution of wealth" should not be confused with the term "transferring of wealth" for taxes on unrealized future income. All political and economic systems facilitate the "transferring of wealth" including capitalism, communism and socialism; however the favored method of redistribution varies from system to system.
thought this would be a good topic for you all to discuss. i didn't know how to cite the source as wikipedia but u guys an gals get the idea.
in my opinion this is a double edged sword as anyone who has seen the channel 4 show "the secret millionaire"?
there was the one guy who gave gary the jobless bum $2500(my keyboard has no pound sign) only to find out that the guy hadn't done anything to improve his life or the lives of his 3 small children he just used it as an xcuse to continue not looking for a job.
if this idea were to be used in todays society, there would be backlash from the people who didn't get any or as much as they wanted, and if you gave the poorest families (in the uk at least) a large sum of money we'd essentially be signing over a vast percentage of it to people who haven't done nothing in life apart from getting knocked up whilst still in primary school and their biggest achievement being learning how to smoke, drink or shoot up whilst still holding their baby/ies.
i'm interested in hearing your views on this
thank you and enjoy
Republicans and Democrats disagree on a fair approach of taxing future income. Republicans say that having a progressive income tax on the wealthy is unfair, counter productive and is a "transferring of wealth". Democrats say that the wealthy are able to pay more of their future income for the benefit of the rest society. -Rhetoric-
"Redistribution of wealth" should not be confused with the term "transferring of wealth" for taxes on unrealized future income. All political and economic systems facilitate the "transferring of wealth" including capitalism, communism and socialism; however the favored method of redistribution varies from system to system.
thought this would be a good topic for you all to discuss. i didn't know how to cite the source as wikipedia but u guys an gals get the idea.
in my opinion this is a double edged sword as anyone who has seen the channel 4 show "the secret millionaire"?
there was the one guy who gave gary the jobless bum $2500(my keyboard has no pound sign) only to find out that the guy hadn't done anything to improve his life or the lives of his 3 small children he just used it as an xcuse to continue not looking for a job.
if this idea were to be used in todays society, there would be backlash from the people who didn't get any or as much as they wanted, and if you gave the poorest families (in the uk at least) a large sum of money we'd essentially be signing over a vast percentage of it to people who haven't done nothing in life apart from getting knocked up whilst still in primary school and their biggest achievement being learning how to smoke, drink or shoot up whilst still holding their baby/ies.
i'm interested in hearing your views on this
thank you and enjoy