(September 8, 2017 at 4:03 pm)Thumpalumpacus Wrote:(September 8, 2017 at 3:58 pm)Catholic_Lady Wrote: If I start my own business which turns out being super successful and I make a lot of money, and then I invest that money, and make more money... how is that bad for poor people? Again, it seems like a freedom thing. A person should have the legal right to make money and use that money wisely as to get more money out of it. I don't see what it is about this that is unfair. What exactly am I missing?
What if instead of starting your own business you simply are born into a big trust fund? Seems to me like you neither need to employ anyone, and you've got quite the headstart.
I'm not saying either case should be illegal, but it sure doesn't strike me as a level playing field, nor does it seem that the trust-funder did much work for his station in life.
I mean, if I make a ton of money through hard work or whatever and my child/grandchild/great grandchild is born into it, I think it's a great thing that I was able to provide that for my next few generations to come. And if they are wise about it, it can keep going down the line. I don't see how that is unfair.
I also don't see what the alternative would be - not let people have trust funds or inherit their parent's money?
"Of course, everyone will claim they respect someone who tries to speak the truth, but in reality, this is a rare quality. Most respect those who speak truths they agree with, and their respect for the speaking only extends as far as their realm of personal agreement. It is less common, almost to the point of becoming a saintly virtue, that someone truly respects and loves the truth seeker, even when their conclusions differ wildly."
-walsh
-walsh
