Greed and the obscenely rich - how much is too much?

Cheer up… money can’t save your life!! It just gives you more choice!

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First point to clarify - I think if you are able to earn more, or even lots, then you should be allowed to do so. Second - taxation should surely be applied equally to all in the same way.
So redistribution of wealth is not the issue or the goal (of course it will be some). The goal is to get people who can easily afford to pay to stump up and pay tax at the same rate as others. If all we did was take money that is in tax avoidance schemes, accounts and countries and use it for the good of the country then there would be plenty.

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No problem about earning more. It’s the getting more without earning it that bugs me.

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Define earning though.

What constitutes hard work, to you? I mean, to feel like anyone deserves the huge paypacket.

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@strathmore , l agree with you, but only if we redefine the meaning of
the word EARN!
Investing money is NOT earning !!
Investing money is GAMBLING! !
EARNING is where the community benefits from the results of your WORK !!
WORK is where energy is expended in order to DO the WORK !!
GRATIFICATION is what you get when you see the RESULT of your WORK !!
:+1::grin::grin::+1:

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That’s the burning question. Why are jobs worth more than others?

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@Dextrous63 , Sorry to be picky Dex, but you omitted the word SOME by
the looks of it ?? :roll_eyes::roll_eyes:

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I pondered over including the word some, but then undecided to leave it entirely open.

Gen Patton’s comment about the importance of the most humble of roles in the army came to mind.

@Dextrous63 , Yeah, the jumble dustbin man is worth more than the richest
banker when the shyte piles up eh !! :grin::grin:

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In any situation…in the land of the blind, the one eyed man is king.

(Other genders available, obviously)

@Dextrous63 , “land of the blind”
Wasn’t that a Ray Bradbury book Dex ??
I enjoyed that one, even if it wasn’t !! :grin::grin:

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Was it? I thought it was an Erasmus proverb, but am happy to be corrected.

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@Dextrous63 ,Was Erasmus a science fiction writer then ?
Never heard of him ?? :thinking::thinking:

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@Donkeyman Let Me Google That

(Sorry, it’s been ages since I posted one of those)

No need to be corrected … you’re right … :+1:

In regione caecorum rex est luscus

From:

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Thank @Omah . Amazing how many addages were penned by him.

Back to topic…

@Dextrous63 ,. I think we are still on topic, from your link it seems Erasmus
epitomised the opposite side of the coin to obscene greed ?ergo,on topic !!
I couldn’t find the adage you refer to, but l will take your word for it!
Bradbury may have been quoting Erasmus when he named his book ??
Thanks for your information, thanks yo Omah too !!
:+1::roll_eyes::+1:

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Investment does come with risk, and therefore I can see your reference to gambling. But it is also key to recognise that investment is the absolute basis of the capitalist system. For example, if I’ve a few million spare and know a fellow with a whizz idea - then why can’t I invest in his idea to move it from paper to production? If I couldn’t and no-one could invest in his whizz idea then it would remain on paper. Making this investment and moving it into production gives people work. And lets hope gratifying work. Without the investment - no work. (And no profit for me as the investor.)
Call it a form of gambling but investment is 100% essential.

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@straffmore, “investment is essential in the capitalist system”
If you leave out the capitalist bit, that is not so ?
Capitalism seems to require that credit is a necessesity for starting and then
running a business, this is untrue, it is not!
For instance, when l started my business decades ago, l approached a
couple of financial institutions for a start up loan, this was not forthcoming !
However, allthough l had few resources as l was building a house at the
time and had two young children to support, l went ahead with my plans!
I won’t deny that things were difficult for at least 4 yrs, but with
perseverance l managed to keep in business for18 yrs without ever applying
for a loan again, allthough finacial institutions constantly called me to offer
me loans ?
I ended up owning two good sized houses in good areas fully paid for and
employed six employees, three of them skilled, all them on the statutory
wages for the trade complete with sick pay/ holidays and all the other stuff !!
Not to mention company vehicles which ,were leased ,and so don’t count ?
During this time l also purchased(for cash) several machines with which to
increase the productivity of my company ?
The only credit l ever had was an overdraft facility that was mostly in
credit !
So, Yes investment IS needed, but the investment that counts is yourself !!
:+1::grin::grin::+1:

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DM,

You’ve just shown yourself, in my opinion, to be one of the good guys, in terms of what you have achieved,

You had an idea, worked hard to get it in place, built your business such that you were able to provide work for others, and so on.

There are lots of others who have strived & done this.

In my opinion, this is where the funds should be available, to help more to do this, as long as the plan is realistic.

Well done!