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Re:Opinion: Getting rich has more to do with luck than talent by eru on Friday May 26, 2017 @05:15PM (#14427247)
The article's tone and the general attitude in society echoed seems partially caused by a false dichotomy:

Lots of people think first that success and wealth are zero sum games. And second, that we have to decide between extensive social safety nets and a dynamic economy.

Just the opposite, of course.

About the second: the trick to get over the apparent trade-off between welfare state and dynamic economy is to realize that we don't have to tax labour nor capital to provide. Taxing land values works just fine.

More discussion on Georgism here: https://news.ycombinator.com/item?id=10442929

Also https://news.ycombinator.com/item?id=11158398

Re:Opinion: Getting rich has more to do with luck than talent by AnimalMuppet on Friday May 26, 2017 @05:36PM (#14427393)
About the second: You don't need to think about taxing land, or anything like it. You just have to realize that, if we don't have a dynamic economy, we can't afford the safety nets (at least not for long).
Re:Opinion: Getting rich has more to do with luck than talent by eru on Saturday May 27, 2017 @10:03AM (#14430089)
Yes, that point is true as well.

In general, most real world policies are far from the kind of efficiency frontier where trade-offs between growth and safety net have to be made. Eg the US could replace the subsidies for employer provided health care (with eg a budget neutral tax credit for everyone or more radically a budget neutral slim UB) and improve both efficiency and safety nets.

But, of course, policy is seldom driven by efficiency frontiers amongst its ostensible goals. Politics is harder and more complicated.

Though know I do wonder if a general programme to simplify taxes and close loopholes would have a better chance of passing step-by-step if every such bill came with a budget neutral per-head tax credit. The sound-bite "Senator Smith proposes to give YOU an extra $100 a year by closing obscure loophole exploited by a few corporations!" would certainly do well with the general public?