It actually flows from the constitutional notion of property rights including Life, Liberty, and the Pursuit of Happiness. I wouldn't expect uneducated Marxists to understand that including 95% of journalists and editors.
The fix is as simple as restoring the protective import tariffs our founding fathers had in place, and putting Americans back to work for Americans.
But given that neither candidate or party gets this, it's as likely as growing turnips that grow roots of pure gold.
They might want to avoid such an exercise as they would not like what they see at the two ends of the graph.
But I suppose they would simply adjust the criteria for incompetent and extraordinary till they get the results they want. .
The editors erroneously assume that the country isn’t already massively redistributive, when it clearly is. It costs about $14,000 a year to pay for the education of one child in public school. How much of that do you think poor people pay through taxation?
The reason the wealthy have been doing so well is that they have skills that are in demand in a global economy. When your skills are in demand, that creates a bidding war. If your only skill is to push a mop around a floor, then obviously no one is going to bid for your labor.
Did the Ballet-Dancer write this crap?
they lost me on the part about “fair minded” people demanding tax increases on the rich
by that logic, Stalin was just a bit over-zealously “fair minded” to execute first the aristocrats and then the kulaks and take their stuff
“Allow us to say it again: Increasing taxes on the wealthy is not a matter of soaking the rich, but of promoting a more vital link between merit and reward. “
Who gives a crap. I’m a 30 year retired military officer. I’m perfectly happy with what I have done, where I have been, and what I was paid for doing it. Yes, if I had the opportunity I would do nothing differently. These greedy, selfish, resentful, envious, parasites make me sick.
The work ethic is what is in decline. Now the skewed, bottom heavy bell curve is occupied by the lazy. When you only need to earn $60,000 to be in the top 10%, there is no question.
Jesse Jackson, Jesse Jackson Jr, the new Chicago mayor/felon, the old Chicago senator/felon/president, and more...all are millionaires.
None have an ability to do anything other than collect welfare checks and get fat.
Chicago (and Illinois) is a sterling example that Idiocracy was a documentary.
Then, if merit were fairly rewarded, the distribution of incomes also would create a bell curve. But, of course, it does not.
This logic is flawed on its face. If there were a perfect bell curve of merit distribution as is claimed, then the graph of reward would be a sloped line with the extrodinarily talented getting the most and the incompetents getting nothing.
Hussein Obama is using Al Gore Junior's stupid math claim that "if you earn $250,000 a year, yore a millyunaire!!!"
Also if you are in the 53% who are stuck paying Federal Income Tax, you are "wealthy" and must fork over your wealth for Marxist redistribution to the 47% who pay NO federal income tax.
“Increasing taxes on the wealthy is not a matter of soaking the rich, but of promoting a more vital link between merit and reward.”
Now there is a great example of Progressive logic if there ever was one.