Nobody is debating the undisputable fact that mankind is a social species. But your definition of social capital and your justification for the corresponding monetary taxation and remuneration is very murky and subjective. Yes, wealth (the accumulation of valuable goods) can only be created in a social context. Why? Value is a function of demand and supply. In any case, I support a tax policy that is based on personal responsibility and individual rights. In other words, our tax money cannot be spend on wealth redistribution schemes (e.g. corporate subsidies, social programs, etc.) but only on services and infrastructure that objectively, feasibly, reasonably and equally benefit everybody (e.g. public schools, law enforcement, fire department, streets & sanitation, military, etc.). See, a low flat tax rate tied with free trade agreements and the enforcement of the rule of law (upholding property rights) inevitably results in strong economic growth (job creation, more consumption, reduction of poverty, etc.). And, believe it or not, there’s a goal both of us share: the reduction of poverty.
Re: Big Box Living Wage Ordinance Passes in Chicago
01 Aug 2006
Date Edited: 01 Aug 2006 04:41:55 PM
Nobody is debating the undisputable fact that mankind is a social species. But your definition of social capital and your justification for the corresponding monetary taxation and remuneration is very murky and subjective. Yes, wealth (the accumulation of valuable goods) can only be created in a social context. Why? Value is a function of demand and supply. In any case, I support a tax policy that is based on personal responsibility and individual rights. In other words, our tax money cannot be spend on wealth redistribution schemes (e.g. corporate subsidies, social programs, etc.) but only on services and infrastructure that objectively, feasibly, reasonably and equally benefit everybody (e.g. public schools, law enforcement, fire department, streets & sanitation, military, etc.). See, a low flat tax rate tied with free trade agreements and the enforcement of the rule of law (upholding property rights) inevitably results in strong economic growth (job creation, more consumption, reduction of poverty, etc.). And, believe it or not, there’s a goal both of us share: the reduction of poverty.