▲ | ZYbCRq22HbJ2y7 2 days ago | ||||||||||||||||||||||
> Roughly speaking, the bottom 70% of the population receives net payments (and services) from the government over their lifetime, while the 70%-90% percentile receives approximately zero net payments, the top 10% pays it all. Well, maybe if there was more equal income distribution, less overall penalization to those who do not have as many assets, and so on, then it would be more distributed? I mean, that is basically what is happening anyway, but you have a nation distributing that wealth through social programs, instead of capitalists sharing their take willingly with those who helped them earn it. | |||||||||||||||||||||||
▲ | somenameforme 2 days ago | parent | next [-] | ||||||||||||||||||||||
Yip, I'm a advocate for capitalism but there's definitely a bug with interest/investments in that earning money makes it even easier to earn money, even if you do absolutely nothing with your life. Just dump everything in a diversified portfolio and you become an infinite money printer when you reach the point of having enough money that all your expanses are small relative to your capital gains. This issue radically distorts the concept of who is contributing to society and who is living off the contributions of others. | |||||||||||||||||||||||
| |||||||||||||||||||||||
▲ | 2 days ago | parent | prev [-] | ||||||||||||||||||||||
[deleted] |