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Redistibution of Wealth the free market way

Ed F Bias — Fri, 21 Nov 2008 16:26:07 +0000

This country seems to be split fifty/fifty with little way to resolve the fundamental disagreement between free market conservatives and the liberal (more socialistic) redistribution philosophies. As I stated in a previous blog, there is huge tension created by the simple fact that the socialist agenda must take from the free market agenda to succeed. How can we have both function without the pending civil unrest? How about working this out the same way we work out other tough decisions; 401k plans, health care, child birth and just about any other product? Choice… Democrats are all about choice. How about tax system choice?

I am not advocating a civil separation of peoples or states along physical boundries. Simply a redistribution of wealth based on fiscal policy. If you are a Liberal Democrat you can send in all income over a calculated level for redistribution. Lets say $50,000 which is close to the median. If you make more then this number you send it in. Better yet it will be taken from your paycheck so that you are not irresp0onsible with it. If you make less you will get a check. Just the influx of money from Hollywood elites and newspaper executives would amount to 100s of billions in new revenue.

Then those on the conservative side will simply send in 15% of each dollar over that median level [The flat tax versus fair tax argument will have to wait for the basis of this social experiment]. No exceptions no loopholes just 15% of every dollar you make. You will get none of it back directly. This will go into the general fund to be used for education, military, roads, etc.

Those of you in the middle can keep the current tax system or elect to jump into either of the other options. This is the ultimate in choice and allows for the liberal philosophy to coexist with the conservative.

You believe that this is unfair? Because the liberals will have to pay more? Don’t they want to pay more? Why pick on this group? Why pick on the rich as we do today? This is far more fair. IN fact far more liberals will be exempt from taxation because all those under the median level will pay no taxes. We are selecting whom we gather our funds from not by their income status but by their stated desire for a philosophy they would impart on others. Corporations that want to create jobs and pay people and grow their businesses can. Companies that want to be based on philanthropy and non-profit can exist on both sides of this model. Those funded by government mandate would have public funds available to be distributed from the same money’s as individuals. Those on the private mandate would have to seek a profitable model or the philanthropy of others.

Some would say everyone would select the conservative model because they pay less. I say those poeple do not understand the full commitment of the liberals to their philosphy. Are you telling me you belive they only want to take from others and not give of themselves? With a 50/50 split we are in the perfect environment to set up a balance to test this. We can then see which model produces more revenue and opportinity for people. As I stated the conservative funds would still be available for goverment projects miiliatry and the like. So from that model all would benefit. But to be fair both models will have to contribute. Liberal funds would not be allowed to go only to social programs and nothing towards infrastucutre (like Russia, France, and …) Ok, well that might need to be worked out.

You know.. maybe I am making this to too difficult. We can test this today. We know the median income level. Liberals just send in the rest above that number when you cast your votes and let’s get out of this deficit. You could solve this problem in one year based on your own stated desires and not have to force the rest of us into that model. Imagine the glow of victory, the show of strength of character and convictions in your system of government. I would be so proud to call you all Americans. Then the rest of us would continue to work and give you jobs, watch your movies, read your papers. Knowing that your profits are now the profits for us all.

It is a free country and you are free to pursue your dreams of fairness. Just leave me free to pursue mine as well.

Republicans are making Lemons from Lemonade

Ed F Bias — Wed, 12 Nov 2008 18:28:42 +0000

Some Positive Reactions From The Right

Thank you Dennis for your optimism. I agree mostly with point 1 and whole-heartedly with point two. However, you are far more optimistic then I on the rest.

Point 3: Liberals are in the process of creating a plurality of Americans that pay no income tax. Race is not the issue and never was (point 2) it was a distraction to maximize class envy and anti-capitalist thought. Even if the tide shifts and becomes obvious that this was always the case, do you expect enough of the majority to vote themselves a tax increase? The other side of the same coin is this; Socialism and redistribution of wealth (if implemented) will hurt the poorer (predominantly black) communities harder then others. This will perpetuate the anger towards corporations and their “racist” ownership. The more their plans fail the more they need bigger plans to solve the problems. I do not see this reversing.

Point 4: The majority of the voting populous does not leave our shores. The outside opinion of our country is only what the media is willing to show us. In this era, they will all love Obama. No protests will be covered, terrorist attacks will be side issues. Death tolls in conflict will be sidelines. We eventually will know; our world view may turn quickly back to reality with another attack on US soil. But I do not expect that to occur in the next 4 years. They may be planning but it will take time for our complacency to allow them to reconstitute and successfully complete an attack. At that point we will be so complacent and so unprepared, that a disproportionate response will be hard to muster.

Point 5: Conservatives have no voice and are so weak that you may be right on this one. But by our nature, I agree that we will be more civil. But we will be portrayed as the opposite. Any voice of opposition will be called racist (back to point 3). The media will continue to push that this country is now Center-Left regardless of the exit polls and reality. What conservatives need is a clear plan of opposition and a set of principals to carry the party forward. Today those voices are under left under the seat in a Denver sports arena.

Why Economy Proves Supply-side Economics

Ed F Bias — Sat, 11 Oct 2008 16:19:39 +0000

This current economy starting with the spiking gas prices and not yet culminating in raising unemployment and falling stock prices, it the most obvious proof of supply side economics.

We are simply doing what we should do at times of uncertainty, cutting back. Americans all over, including those with means [the rich], are deciding not to buy. While trimming back on subscriptions, eating at home more and re-watching an old movie on TV versus paying for it via cable, the rental store or going to the movies, all make sense for the individual. I am doing all of these and more.

But when we all do it, what impact does it have on the economy? It stalls. The movie theatre runs movies at a loss, then simply trims times and rotates them out more quickly. In the end this means less need for employees at all times. The rental store also needs less people to work each shift. The restaurants have to cut back on staff or close their doors. The largest example is the construction and real estate trades that are being devastated by the locking up the housing market.

All of this is evident and easily proven cause and effect. But try to cut taxes to get more money into people hands and it is deeemed ludicrous. No, we are told “only government can help”.