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Originally Posted by JayJamJah
In theory it's great but the government is inherently corrupt. It's like letting a child grade their own work. If they know they can benefit from it and can not be punished most will skew the system in their own favor.
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I disagree with analogy. The government isn't inherently corrupt, because the government is in large part because of us. We the people are responsible for the government, and should be more outspoken about what we dislike. We're supposed to call them on their corrupt actions and if the government remains corrupt its because we're not doing enough to change it.
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If the government didn't tax the wealthy so viscously and disproportionately there would be a lot more private sector philanthropy and programs like those, which we both agree would greatly benefit this and any country. The difference s with the government there to keep the people in check the systems are much more likely to run efficiently and become profitable for all parties.
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The difference in wealth seems to call for it though. When the top 20% make up over 90% of the wealth there needs to be proportionate taxation. You can't reasonably expect less than 10% of the nation's wealth to pick up the slack where the other 90% of the wealth wasn't taxed enough. The problem isn't the oddness of the taxation, but how poorly the dollars are spent.