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Re:Who Will Stand Up to the Superrich? by grandalf on Sunday November 14, 2010 @01:42PM (#1903806)
Let's get real for a moment here. Most of the taxes collected from you, me, Larry and Sergey go to wars and to social programs that are not actuarially sound (and thus are likely to disappoint those depending on them).

If it were just about sewers, roads, education, etc., then the top tax rate could be 10% and the middle class could pay no taxes at all.

The class warfare argument is a substitute (relied upon by politicians) for the real issue which is the imprudence and utter lack of responsibility of those allocating the money collected via taxes.

Note that Obama, for all his class warfare schtick on the campaign trail, has spent billions more on the wars he promised to end. His promise to fix social security by turning it into a welfare program (so at least we know what we're not getting) has also vanished.

Re:Who Will Stand Up to the Superrich? by yequalsx on Sunday November 14, 2010 @04:37PM (#1904237)
I didn't talk about politics. I did mention national defense. My point about bringing up national defense, sewers, etc. is that these are things that benefit the super rich.

The fact remains, though, that too much wealth inequality is bad. It's bad for power to be concentrated too much into too few hands.

By the way, Social Security does not need to be fixed. Medicare and Medicaid do though.