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Re:Sweden Has a 70 Percent Tax Rate and It Is Fine by xupybd on Saturday January 05, 2019 @09:55PM (#18836229)
I'd agree that Ayn Rand is a step too far. I don't think the pure libertarian mind set is at all practical. But their arguments do have weight when you start to get to this level of taxation.

I see no issues with some having 1000x the wealth of others. We both probably have 1000x the average citizen in some of the poorest countries in the world. Is this a problem yes. Are we morally wrong for having that wealth, no I don't think so.

Is there a problem with the difference in power at the political level, yes, is this a moral issue yes. But I don't think taking from the rich giving to the poor solves this problem. The reason being that as we do this it tends to make the situation worse. Welfare programs tend to restrict the freedom of those on the programs more that the rest of the population and have been shown to develop a learned dependence on these programs. Even if it did work I don't see how that justifies taking so much from someone.

It's a good idea to try and level the playing field. But I don't think massive income taxes are moral and as such should not be chosen as the tool to do this.

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