Below is the transcript of a recent debate I had with some followers of Alexandria Ocasio-Cortez (AOC), over socialism. The initial tweet was from AOC. I then responded; and then had a nice exchange with two gentleman (Jon the Ph.D. and Johnny F.) - Happy reading!
Alexandria Ocasio-Cortez (AOC): It’s wild that some people are more scared of a marginal tax rate than the fact that 40% of Americans struggle to pay for at least one basic need, like food or rent. Imagine if we focused positively, away from fear of the former toward solving the latter.
Shane Kastler: Translation: "It's wild that some people won't allow politicians like me to mug them so we can give the proceeds to our voters. Um.... like..... that's so wild. If we could only make people think.... um....like..... POSITIVELY about getting mugged. Sheesh!"
Jon the Ph.D: You realise how that tax would work? Only those who earn over $10m in a single year would be affected. You would benefit, not be harmed.
Shane Kastler: Yes, I know how it works. But robbing from the rich to MAKE them poor is no more noble than robbing from the poor to KEEP them poor. It doesn't matter who benefits from thievery. It's still wrong. And how do you know I make less than $10m?
Johnny F: You cannot make a rich person poor thru marginal taxes. It's just not possible.
Interesting conversation - thanks for sharing this. I don't think your "provocateurs" understand that the one with 10 million 1) knows how to handle his resources 2) probably employs hundreds of workers 3) most likely gives to charity.
Give this same 10 million to an "average" American, and it will be blown on video games, cruises, lottery, alcohol. The wealthy man, however, will most likely make an investment, enhancing the lives of all around him/her.
Posted by: Scott | February 04, 2019 at 06:01 PM