Re:Alphabet overtakes Apple to become most cash-rich company
by jonny_eh on Friday August 02, 2019 @04:45PM
(#20596495)
No, that's assuming that the free market is best at distributing wealth. Evenly distributing at least some of the money isn't the same as "spending" it.
[ Parent
| on HN ]
Re:Alphabet overtakes Apple to become most cash-rich company
by gwright on Friday August 02, 2019 @09:41PM
(#20598090)
The casual assumption that it is appropriate for government to tax people in order to distribute wealth "evenly" is disturbing.
I'm reacting to the "even distribution" notion not taxing in general. I think there are legitimate reasons for government to collect taxes but ensuring even distribution of wealth isn't one of them, IMHO.
Re:Alphabet overtakes Apple to become most cash-rich company
by rorykoehler on Saturday August 03, 2019 @12:23AM
(#20598655)
Uni is even to a cap which is completely different than even. Making sure everyone has enough to comfortably survive without restricting high earners from chasing riches is not the same as evenly distributing wealth.
Re:Alphabet overtakes Apple to become most cash-rich company
by jonny_eh on Sunday August 04, 2019 @01:37AM
(#20604607)
There's a difference between evenly distributing ALL money, as in communism, and a minimum so that people don't need to suffer in poverty.
You're making a value judgement that it's worse to distribute some tax dollars than to turn a blind eye to poverty.