2007-06-22 07:40:31 · 12 answers · asked by pot roast 1 in Politics & Government ➔ Politics
If you stop and think about it, wealth distribution is a very short term solution. Once it's distributed, then it's gone.
Moreover, the incentives for creating wealth would be substantially diminished, thus wealth, as we know it, would be for naught. Would YOU want to increase your wealth if you knew that it was going to be taken away from you to give to the guy down the street who decided not to work?
What many people don't understand is that many wealthy people, already taxed at the maximum rate, privately donate billions of dollars to all kinds of causes, most of our best universities and private schools have huge endowment funds which come from their alumni.
There are literally thousands of major foundations that are established by the wealthy to fill in where government cannot or does not. Every night, if you watch PBS, Knowledge, History, you're seeing programs that are funded by donors.
Many professional athletes have established or contribute to foundations or charitable organizations.
Just yesterday, a successful businessman in Victoria, BC, Canada gave 10 million dollars to the University of Victoria to establish a research unit and he will be joined by others, these kinds of major contributions are often catalysts for even more money coming in from people who like the ideas of the original donor.
If you go down the list of Forbes Most Wealthy, you will see a list of people who have made billions of dollars in a variety of businesses. I would bet that ALL of them give back despite the finger pointing envious masses of "have nots" who know nothing of the efforts of those who care and put their money forward. And it's isn't just to get a tax deduction, it's genuine.
All of that comes from Free Markets................
You be the judge of which is better.
2007-06-22 08:03:51 · answer #1 · answered by pjallittle 6 · 0⤊ 1⤋
Ummm... free market does not "distribute wealth freely" On the other hand it concentrates the wealth in the hands that already have the wealth because thats the people who can take advantage of the people with less money. free distribution of wealth is a communist idea.
2007-06-22 07:50:48 · answer #2 · answered by Anonymous · 1⤊ 0⤋
The free market is a form of distribution. What alternative are you refering to?
2007-06-22 07:45:01 · answer #3 · answered by B.Kevorkian 7 · 1⤊ 2⤋
free markets are a myth. someone or some group will always gain advantage, simple human greed ensures that advantage will not be shared or given up without a struggle.
2007-06-22 07:48:47 · answer #4 · answered by jonny y 3 · 0⤊ 0⤋
It's not. We don't even have a free market now with all the taxes. The harder you work, the more the government steals from you.
2007-06-22 07:46:36 · answer #5 · answered by Anonymous · 4⤊ 1⤋
Interesting. Now you need to go to school to understand how to vote. Not half bad at all.
2007-06-22 07:46:26 · answer #6 · answered by Anonymous · 1⤊ 0⤋
It's not about freedom. It's about fairness.
The liberals will not rest until we are all equal in outcome, because it's fair.
2007-06-22 07:51:53 · answer #7 · answered by Uncle Pennybags 7 · 0⤊ 1⤋
It isn't, just ask the oil companies (who are subsidized by tax dollars)
2007-06-22 07:44:22 · answer #8 · answered by hichefheidi 6 · 2⤊ 2⤋
I presume you are a millionaire, if not then an idiot.
2007-06-22 07:45:09 · answer #9 · answered by Anonymous · 1⤊ 1⤋
It's not
2007-06-22 07:44:03 · answer #10 · answered by Brian 7 · 3⤊ 0⤋