Wednesday, October 22, 2008

Wealth Redistribution

Taxes are a redistribution of wealth. Any tax on any wealth.
If you live in America then the King… ah I mean Government, takes money from you –that’s your money they take it (in fact they don’t even take it, you send it to them)- to spend on his… their… loyal subjects... er, citizens, in any way they see fit.

They take money that you earned and use it to build roads you may not even drive on, ever, in your whole life. They even use it to build sidewalks. Let’s be frank, if you got wealth, you don’t use sidewalks (well maybe the ones right out side Barney’s or Nieman Marcus, but still).

They also take your money and build schools, to teach kids that might not even be yours, maybe you don’t even have kids or you send your kids to a “better” school, but you are going to pay for the schools the government wants, like it or not. And they, the government not you, gets to say what is taught to the kids in those schools they built with your money, no matter how hieratical it might be and no matter how much of your money they used to build the school or pay the teacher.

They also buy some really cool fast planes. You don’t get to fly them or even get to be near some of them or know where some are or if they even exist. But at least you do get to pay for them. A lot of them actually, maybe more than we need. Though we always seem to need more.

My personal favorite thing about taxes is I get to pay for a big bailout of big bankers who already lost all my little money in the first place. Is that what people mean by wealth re-distribution? Where do I sign up for more of that kind of wealth distribution because I am a fool and I do need to be parted with this wealth that I have laying around in a low interest rate savings account. I read somewhere that my personal share of the $700B is around $35,000. If I write a check for that much can I be excused from the rest of the game?