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What is a moral way in which money gets redistributed from the rich to the economy?

Kahoot 4 Feb 19
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I think it can be redistributed by free market, investment and charity. Maybe other ways which I haven't thought of. Regarding tax, I think anything other than a low flat simple tax rate for all is heading in the direction of socialist theft. That is my current position on that topic.

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Investment, employment, spending.

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First of all, the wealthy are part of the economy. Secondly, wealth is legitimately transferred to the less wealthy by wages, charitable donations, and in other, secondary, ways. In other words, voluntarily. All else is sanctioned theft.

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Game shows, investments, grants, charity, and,simply, the act of buying things. The problem is the financial illiteracy of people. They don't build wealth and just spend outside their means. Rich people buy a lot of stuff. If people would save and re invest those earnings they too could climb the ladder.

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The free market. Anything else is immoral.

that was the conclusion I came to

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Investment is the best way.

Example please

@Kahoot any investment whatsoever, that generates profit,jobs, economic expansion. even if you just deposit a chunk of cash in a bank, it still indirectly generates jobs, profit and economic expansion because the bank will be allowed to lend a ten-fold amount of your deposit, if the bank believes that the loan will generate enough income to be repaid on schedule. Income, again, means jobs, prosperity, etc...Charity can be helpful as well. A charitable contribution to a scientific research institution can do the most good because new discoveries help improve everyone's lives. Even the seemingly most obscene spending by the billionaires still helps regular folk: i have just recently read that this person has built the biggest yacht in history - it employs a hundred people all year round!!! (not to mention the jobs generated in the ship-building industry)

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Why do you think it's moral to steal other people's money?

Question assumes an unsupported premise.

I don't think its moral to steal other people's money. In fact, I don't even put necessity over autonomy when it comes to rights. So, please address this "unsupported premise".

"Why do you think it's moral to steal other people's money?" that's one heck of an assumption.

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A 'progressive income tax' regime, whereby low-income earners pay only standard taxes on goods and services, but the higher brackets get taxed on income at different rates (i.e.: you get taxed at X rate until whatever line is considered appropriate, and then anything above that and until the next threshold is subject to Y rate, and so so). That way, you don't reduce the incentive to make millions (thus, not curbing innovation or economic growth), but you redistribute the high end margins of the billionaire's top profits to provide services to low-income populations which typically have more liquid assets and will spur economic growth via spending. A stable base and welfare net is the most effective long-run solution, though it might be less palatable than an appeal to 'individual responsibility'. Progressive tax regimes might be a good compromise on that front.

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THrough spending on goods, services or creating jobs

nice

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