Reply #88: well see, I agree with you here [View All]

investment spurs the economy. People who invest more stand to lose more. People who earn more should pay more UP FRONT, unless they are putting those earnings back into "the economy" to stimulate more investment. In that case they should pay taxes on the part they use at the time it come out of the economy, but that is a special case with special tax laws.

The problem in my mind is that if you are willing to say that bajillionaires need to be taxed a bajillionish more for reasons of social justice, the same people who set the "standard" for defining social justice will start to bring that back down to ordinary 100 thousandaires, and lower, and it IS malicious when they keep using terms like "justice" without simultaneously talking about reducing non-social spending, like unjust unilateral invasions of foreign countries for their oil.

There are very real problems if we want to address "social justice" that have nothing to do with fairly irrelevant "concentration of wealth" arguments.