Comments by "whyamimrpink78" (@whyamimrpink78) on "The 0% Tax, And The 100% Tax" video.

  1. So place a cap on success?
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  2. Plus in response to a person making $1 billion dollars.  They make that because through investments they are able to create that much capital. It isn't so much if someone is able to live or not off that much, it is the ceiling one can reach.  If someone has 5 TVs in their home than so what?  That means TVs are pretty much cheap and a lot of people have them.  Someone making that much money is productive and means that goods and services are readily available to others. You also have to understand what money is before you get into any argument regarding taxes and the economy in general.  A guy making $1 billion is adding value to money through investment.  Taking that person's money and giving it away in poor investment weakens the value of the dollar and contributes to inflation making it worse for the poor.  So it isn't about living or not for that rich guy, it goes beyond that and is more complicated. 
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  3. Money isn't a resource. 
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  4. Wages have gone up along with skills.  It is called Skilled Bias Technological Change.
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  5. The solution was put in place.  States were to control domestic policies.  At the state and local level money will be managed better and policies can be changed easier. A problem with comparing the US to other countries is that it is almost impossible.  We are too diverse in the US.  In two hours one can fly from Oslo to London. In 2 hours one can fly from Minneapolis to Dallas, two states with a larger population than Norway.  I have been to both and they are so different.  But in that case you are still in the US.  It takes me 5 hours to fly across the country.  I just isn't a simplified tax code that makes things easier but a simplified country all together. 
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