News for hackers. Stuff that matters.
Re:Stop Pretending You’re Not Rich by bicubic on Monday June 12, 2017 @08:20AM (#14536671)
> What's stopping you from saving up same amount of money?

The fact that it would put him at a significant relative quality of life disadvantage compared to his peers. A widespread 80% tax would not.

Re:Stop Pretending You’re Not Rich by InitialLastName on Monday June 12, 2017 @09:10AM (#14537060)
Slightly OT: I'm really glad my parents raised me not to judge my "quality of life" based on how much money my peers spend. This way I can save hard, and get off the wage slave treadmill early.
Re:Stop Pretending You’re Not Rich by golergka on Monday June 12, 2017 @10:36AM (#14537674)
Which drives home the most important point about socialism. While capitalism is keeping up with the joneses, socialism is about making sure the joneses are kept in their place.
Re:Stop Pretending You’re Not Rich by fivestar on Monday June 12, 2017 @08:31AM (#14536743)
All that an 80% tax would do is suck the wealth away to the 1% even faster. No one is minding the store--the money the federal government takes now at 25-33% is mostly wasted on nonsense that benefits the war machine, the healthcare machinery (think: rent seekers) and all manner of pork projects. I can't see forfeiting even more to them, I just wouldn't bother to work at all. Enough is enough when it comes to this socialist utopia dream--it doesn't exist, it has never existed, it will never exist.
Re:Stop Pretending You’re Not Rich by pjc50 on Monday June 12, 2017 @08:41AM (#14536812)
Hi, I went to a doctor this morning and recieved a prescription for which I will pay nothing. Apparently I don't exist?
Re:Stop Pretending You’re Not Rich by fivestar on Monday June 12, 2017 @11:51AM (#14538223)
That money came out of someone else's pocket! It is not free. The free lunch is what doesn't exist and has never existed.
Re:Stop Pretending You’re Not Rich by pjc50 on Monday June 12, 2017 @11:56AM (#14538266)
> That money came out of someone else's pocket!

This is also true of insurance systems.

Nobody's pretending that socialised systems magic healthcare out of thin air, it's more a question of total resources spent by society and distribution of outcomes - including whether certain people get rationed out of the system because they can't afford it.

Re:Stop Pretending You’re Not Rich by fivestar on Tuesday June 13, 2017 @11:53AM (#14545722)
Insurance is voluntary--you can opt out. I can't opt out of taxes and put that money to other uses. It is am matter of economic freedom of choice.