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Re:Lifers, Dayjobbers, and the Independently Wealthy: A Lett... by golergka on Wednesday July 12, 2023 @12:32PM (#36697192)
Yes, that's the point of making money: so that your loved ones (probably kids) could do art or whatever else.

What's the point of it all if you can't invest in your loved ones? Are you a bad person for loving your kids more then some other random kid that they would be competing against? I fail to see anything bad about this.

Re:Lifers, Dayjobbers, and the Independently Wealthy: A Lett... by itake on Wednesday July 12, 2023 @12:47PM (#36697479)
From an ethical society stand point, yes. In the US, we agreed that we need to support everyone’s children and so we pay taxes so other people’s children can attend school.

If you refuse to help other people’s children get an education, you’re evading taxes and that is unethical.

Re:Lifers, Dayjobbers, and the Independently Wealthy: A Lett... by mirror_neuron on Wednesday July 12, 2023 @01:01PM (#36697750)
It's a matter of the degree of support. Would it be wrong, in your view, for a wealthy tax-paying parent to invest in their own child above and beyond what their taxes provide for society's children?
Re:Lifers, Dayjobbers, and the Independently Wealthy: A Lett... by itake on Wednesday July 12, 2023 @01:35PM (#36698439)
If a wealthy tax paying parent is votes against taxes to support programs like offering free lunches to children in schools, so their children can have a 'better' education, then I think that is wrong.

I went to a wealthy private high school. 15 years later, most of the children from wealthy parents didn't amount to much. The top 50% work a high level role at their parent's company (probably taking the job from someone more skilled). At worst, they are still supported by their parents in their 30s, career-less. Only the top 5% multiplied their parent's wealth.

The money spent on private education could have been used to support low-income students, which would reduce crime and create a more powerful middle-class.

Re:Lifers, Dayjobbers, and the Independently Wealthy: A Lett... by bagacrap on Thursday July 13, 2023 @12:08AM (#36704906)
Is it wrong? No. But it's probably not good for society or even the kids, honestly. I struggle with how I'm going to be able to keep my kids grounded and motivated given the advantages they'll have in life.

If I could change the tax code I would cut income taxes (why discourage work?) but jack up taxes on inheritances/gifts.