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Originally Posted by rand
The problem with this is it is in effect a "state change." So you would also be culling the "deserving." Which screws all kinds of thing up.
the culling occurs not at the scrape-down, but at the reattainment of gain (or lack thereof)
one is not "deserving", considered over a period of time rather than at a cross-section, if one can not recreate their success
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Because it is a state the deserving never truly cycle back up to the top. They near it only to be culled again. This is akin to a hamster wheel and undesirable for many reasons IMO.
Personal hygiene is also a hamster wheel, then. The point is to avoid creating a static "top".
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The logic of what you have said makes sense if, rather than continually, it is done generationally, or bi-generationally, etc. But good luck with that.
One problem with absolute generational taxation, estate/death taxes, is that you risk violating sentimental property, which the market tracks poorly.
By reaping individual wealth by income, let's say annually, we ensure that wealth is reinvested continually rather than horded, inflated, etc.
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IMO I don't think the benefits justify the costs. The world (as opposed to society) works on certain natural principles. Capitalism, markets, survival of the fittest, etc are those natural principles.
Those principles only represent a part of humanity. We also commonly demand love and affection, kinship, and at least a rough sense of fairness.
It is within human nature to steal, but we do not embrace theft. Your essentialist approach is too restrictive to be an efficient map of human desire and endeavor.
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You can't fix everything. For now it seems to me that the best the system can aspire to do is treat everyone equally and not exacerbate the differences.
People are not equal because they are different. I don't see how any system can avoid exacerbating their differences.
We should embrace people's variety, not brush over it!