Verily I Say Unto Thee... archive
Tag : wealthy

Wealth And Income Inequality: What Are We Really Talking About?

Wealth inequality in Europe and the U.S., 1810-2010 (Source — .pdf, 1.2MB) The more I learn about wealth and income inequality, the more I realize I didn’t know — and still don’t know — and the more it’s obvious that many other people don’t know. Rampant confusion reigns. In my observation, most laypersons don’t understand[…]

Rethinking ‘Redistribution Of Wealth’

Money (Copyright © 2006 by Wil C. Fry.) We see the phrase “redistribution of wealth” tossed into the political discourse. We’re supposed to assume it’s a bad thing. A few years ago, I began to wonder why. Here, I attempt to define it. All links to definitions are from the Oxford English Dictionary (U.S. version).

Tax The Rich To Help The Poor = Socialism? No.

Categories: Politics, Taxes
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Published on: 2014.03.22

Whenever anyone suggests that a higher tax on the wealthy might fund programs for those in poverty, I see “socialism” thrown about as an accusation, not only by politicians or columnists, but by regular people. Ignoring for a moment the arguments about whether actual socialism is good or bad and whether we should tax the[…]

Tax Rates On The Wealthy – Confused?

Categories: InTheNews, Politics
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Published on: 2012.12.10

As the U.S. government fiddles around with pretending to solve the nation’s money problems, using over-simplistic terms like “debt ceiling” and “fiscal cliff” that the average American doesn’t begin to understand, one solution that keeps being mentioned is “raising taxes for the rich”. Since most Americans aren’t rich, many of us seem to think this[…]

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