Familiar to many, the negative income tax was formerly developed by British politician Juliet Rhys-Williams in the 1940s and later by Monetarist Milton Friedman. The NIT acts like the regular tax system but instead of taxing lesser on people below the stipulated threshold, it supplements them with an additional income determined by the NIT. 621 more words
Tags » Wealth Redistribution
Government 1B Essay: "In your opinion, does the state have the right to redistribute wealth from some people to others? Why or why not?
In my opinion the state does not have the right to redistribute wealth. They do this through taxes. Taxes should only be used to pay governmental branches, armed forces, and our police forces. 266 more words
Most politics are about wealth redistribution.
Whether you’re debating Medicare and Social Security, or Defense Department expenditures, the question is not just what to pay for, but who should ultimately pay for it. 662 more words
The Republicans are proposing helping the already super rich with tax cuts they don’t need, and spending that will only help the super rich., such as the increase in military spending. 71 more words
The real question is, “Why would anybody trust corporate America? The tobacco corporations lied to us about lung cancer and tobacco, the big banks have lied to us, the corporate press lies to us, the genetically modified corporations lie to us, government politicians on the corporate dole lie to us, and so on and so forth. 200 more words
Wealth redistribution: Stealing money you worked hard to earn and giving it to someone who didn’t.
Environmentalism sprung from the early 20th century progressive movement. The same people who gave us the minimum wage, Jim Crow and family “planning”. 437 more words