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Originally Posted by Flint
The harder we work, the more we do and the better we do, the more we earn. That is the system and it makes good logical sense.
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That is the system throughout middle class, and upper middle class. But past a certain income point, it becomes not only possible, but self-beneficial, to play money games purely at the expense of others. This involves no additional work, no harder work, and no improved quality of output. We may debate where to draw that line (and for what it's worth I'd be willing to bet the line is far, far higher than the income of you or anyone you know,) but at some income level it becomes inevitable that individuals will use their wealth against other individuals in the same way that a company creates a monopoly against other companies. Additional taxes on income above that level is the moral equivalent of breaking up the Bells, and will not cause anyone to work less than they were already working.