Why does it have to be fair?
The burden would be on you to support a positive rationale for the government to protect unfairness. (Remember, it is government which defends individual property rights. Property rights don't have some magical existence in the aether as an unmoved mover thus asserting infinite leverage.)
If the People wish to tax things into a higher degree of fairness, prove that this is misguided. Show that the elitists should prevent this for the unwashed masses' own best interest.
Because that is available to anyone who has the smarts, will and, yes, luck, to get that. The system is fair, not that it has to be, because it applies the same to everyone.
Fairness before != fairness after. And the labor market not infinitely exploitable. Again, you cannot have everybody having everybody working for them. A system of labor exploitation is inherently segregated between haves and have-nots. The have-nots cannot all become haves because then there isn't the labor market of have-nots to leech from.
I do not believe that everyone can reach the level of the ultra-rich. However, I do believe that everyone should be allowed to reach as high as they can. If you place a false ceiling on the economy, no one will strive to surpass it, and that is bad for the economy.
No, it is not bad for the economy. You seem to be under the false impression that infinite capital reinvestment will result in infinite gains in an infinitely small amount of time. This is not how the universe works. Growth has a pace to it. Refinement of ideas takes time, and new ideas based upon that refinement cannot occur until the refinement has happened.
Insane concentration of wealth does not help the refinement of the majority economy, for it causes a major shift to the economy of the ultra-wealthy, to new ways of fleecing the workers (financial markets) as well as to protection of the ultra-wealthy.
How am I served by Rupert Murdoch consolidating his power by spending his money to create propaganda networks designed solely to brainwash the ignorant into protecting him and his interests? What value does this add to the nation?
If he can buy ten ultra-luxury yachts rather than five, how does this help me? How much does this drive innovation in the boating market over the buying of one?
If the wealthy are kept within reach of the rest there's much greater trickle-down, for what they are working on has implications for the rest. But there's going to be no innovation in steak and potatoes if the ultra-wealthy are busy packing caviar in diamonds.
So, what is the threat of loss you propose?
I propose not allowing them to acquire enough wealth to game the system. Make them live as mortals within the realm of the feeding frenzy, not allow them to acquire so much power that they have no fear of competition.
You know what happens when you tax people or companies? They take their business elsewhere. You know what happens to jobs when businesses move out? They go away.
You know what happens when you're an idiot? You say utterly retarded things. Stop that shit.
How can a business take their business elsewhere when the market is here, you frigging moron? When the buildings are here?
You can't have businesses leaving en masse. It just becomes socialized.
If all the US automakers tried to close shop and move elsewhere, yet every worker all the way down the supply line showed up for work the next day and went right back to making what they made the day before, with all the profits now going to the workers... how does that not work?
The workers have taken control of the means of production.
The wealth is in the American worker. It cannot be taken elsewhere. And there is no God to prevent him taking control -- to prevent him from breaking all boundaries of necessity to do what needs to be done.
There is no private ownership except by Consent of the People. No person has any absolute right over any brand name, trademark, or patent. The People are physically capable of raiding it all for their own use if they so desire.
You cannot steal from them that which you only control by their consent.
Also, do you believe that the government (any U.S.-based government) spends out tax dollars wisely? I rather leave that money in the hand sof the people and companies to spend as they see fit. At least they have some incentive not to waste it.
You assert waste to a large degree? Why don't you make your own budget for the federal government, then? Go over every dollar that was spent, what it was spent on, and tell us how that should be modified?
(Now I remember why I usually don't post in P&N. It is tiring.)
It's idling for me. The only challenge I have here is simplifying things to a level a first-grader could understand. I am geared to break lies-to-children and bring them to the full complexity of Truth, not to strip shades of Truth for the sake of compression to fit in lesser minds.