Later On

A blog written for those whose interests more or less match mine.

Taxes and the rich

with 5 comments

Interesting short, narrated by Ed Asner:


Note that the different amounts of taxes paid are roughly equal in value to the taxpayer: the modest payment from the poor person means as much to him as the bigger amounts paid by middle class people and much bigger amounts paid by the wealthy: all are parting with (roughly) an amount of equal value to the taxpayer—the “widow’s mite” idea (or the marginal utility theory of the value of fungible things).

Written by LeisureGuy

3 January 2013 at 1:47 pm

Posted in Government, Video

5 Responses

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  1. This is interesting stuff. I am a tax me all you want kind of guy. Just give me more say as to where my tax dollars would go and I could care less how high my taxes are.


    24 March 2019 at 11:21 am

  2. What do you mean by “more say”?

    I do agree that (as video implies) the rich have more say on how money is spent—it’s spent to a great extent in giving them more money. That’s why I support campaign-finance reform.

    If you want more say, I imagine you will support the party working for campaign-finance reform.


    24 March 2019 at 11:27 am

  3. I would support any person who had that as part of their agenda. When I say that I want more say-so in the matter of how my tax dollars are spent, let me decide where it goes to, not some bureaucrat.


    24 March 2019 at 2:29 pm

  4. You do realize, I hope, that for the Federal budget to be based on your requirements is not even remotely possible nor (I imagine) a good idea, unless you are an experienced expert in every specialty within the US government. I would be surprised if you could specify the spending targets and amounts just for, say, the CDC, or the DOE.

    Read this article that gives a very brief description of Trump’s terrible transition due to complete ignorance of how the government works. The particular case examined here is the DOE, and your spending requirements for that department will be of interest.

    One reason we have the sort of government we do is so that regular citizens don’t have to take care of everything. And we vote in the Congress that monitors them and creates laws and restrictions.


    24 March 2019 at 2:47 pm

  5. I have read that particular article. Enlightening material.


    26 March 2019 at 9:04 am

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