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TheRealMafoo on 22 March 2010
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tombi123 said:
TheRealMafoo said:
@tombi123
No, it's great to be rich. Funny thing is, this helps the rich.

Here is a fun exercise to think about. Let's say we had 10 people in a country, and 2 made 100,000 a year, and 8 made 10,000 a year. let's say that country then made a law that said "no one should make less then 15,000 a year!", and took 20k each from the rich, and gave 5K each to the poor".

Now you have two people with 80K a year, and 8 people with 15K a year, with 1/3 of there income just given to them.

Now, who do you think that hurts the most? Think about that for a bit. Who losses, and who wins?

The poor guys did pretty well there and the two rich guys got pwned! 

You're going to have to explain why the two rich guys won...

Kasz has a point, but that's not where I was going.

The "poor" mark was 10,000. Now the poor mark is 15,000. this means those 8 are just as poor as they were before, because the market will adjust. But the rich still have more then 4X the poor, but have less then they had before, so the cost of there lifestyle goes down. For example, if before you were going to charge them 300 a night for a hotel, you will have to charge them 250 a night for a hotel, because there is no one left who can pay 300.

So the lifestyle of each didn't really change much. But, you have the guy making 10,000 a year, who realizes he would have to make 50% more then he makes now, just to start improving his situation. That's going to take years. Most people will not put forth the kind of effort needed to get ahead, if the soonest they will see a return on there investment is 10 or so years down the road.

So, in 10 years, the guys taking home 80K will still be making 100K, and the ones taking home 15K will still be making 10K.

The rich keep being rich, and the poor keep being poor. The only thing that would really hurt the rich's lifestyle, is if one of those poor became rich. Paying them to stay poor, keeps that from happening.