The risk takers are the poorest and the middle class not the super rich. The poorest risk their health by working themselves to exhaustion covering 3 jobs to feed a family, still unable to pay for health insurance.
I'm glad you made the point, lets turn the table around - The person who covers 3 jobs to feed his family will obviously make more money than the person who only does 1 job.
And that was exactly my point. Why then, should the person who risks his health to work more hours and 3 jobs have to also pay for the welfare of the guy that only chooses to work 1?
Its not just a simple upper class vs middle class vs lower class. There are millions of people across the spectrum. The 'incentives' argument is also about rewarding normal people like these to go the extra mile to feed their families, not just your villanous Koch Brothers.
The middle class goes to university unsure if they can pay off their exorbitant students loans.
There needs to be an awareness about the opportunity to doing apprenticeships at trade schools rather than just getting random degrees on a whim at a university. If you are unable to pay off your student debt, its obvious your degree is not, from a practical point of view, beneficial to society. If thats the case, why should society pay for the degree?
While the upper class owns all the assets and generates revenue and profits by doing nothing and dodging taxes. Having a parking lot in manhatten is really risky business, people should be reward for it.
Yes, and it is these 'assets' that also provide millions of jobs and opportunities to pick up new skills, and the tax from these 'profits' that drive the economy! That being said, tax loopholes should, of course, be closed.
Edited 5/15/2016 00:50:37