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82 votes

Why are "the rich" more able to identify the party which represent their interests than "the poor"?

Why are “the rich” more able to identify the party which represent their interests than “the poor”? Mostly, because your assumption is just that, an assumption, and is an incorrect one at that. I won'...
user4012's user avatar
  • 92.6k
80 votes

Why are "the rich" more able to identify the party which represent their interests than "the poor"?

There are so many false assumptions in your question. But one that wasn't addressed by the other answers is this: There are a lot of people who vote based on their moral principles. Whether rich or ...
David Schwartz's user avatar
63 votes

Why is "Equal Pay for Equal Work" regulation controversial?

"women don't deserve equal pay unless they do as good a job as men" "You're gonna make the same if you do as good a job." These statements are controversial because they are ...
gerrit's user avatar
  • 48.5k
48 votes

What is the purpose of an inheritance tax when inheritance could be taxed like other income?

Historically, inheritance was a family affair The family being a single economical unit, spanning generations. Parents and children working together for the common survival, as a farm or small ...
Bobby J's user avatar
  • 589
37 votes

Why is the gender pay gap quoted at 20% even though it's lower when controlling for variables?

What this question seems to ask is why the unadjusted gender pay gap is often cited (which just compares the national average incomes of men and women) when we also have an adjusted gender pay gap ...
Philipp's user avatar
  • 77.7k
29 votes

Has high taxation of the rich been sustainable as an economic policy?

Yes, of course. Most European countries, especially Nordic ones, have high tax rates for high income, and it works perfectly. What are the repercussions of very high tax rates on high earners? ...
Cjxcz Odjcayrwl's user avatar
27 votes

What is the purpose of an inheritance tax when inheritance could be taxed like other income?

(this answer is a bit meh) You could tax it the same way, but people don't want that. Inheritance is different. People don't choose to inherit. People can't change their behaviour to inherit more or ...
James K's user avatar
  • 122k
24 votes

Can a reduction of employer taxation lead to more equal income?

It is a complicated question. The answer to your title question is: no, it usually wouldn't lead to more equal income. It was tried multiple times, the result is always the same: employers keep the ...
jo1storm's user avatar
  • 408
20 votes

Why is the gender pay gap so large in the United States despite the Equal Pay Act of 1963?

Why is the gender pay gap so large in the United States despite the Equal Pay Act of 1963? Because it isn't. In short, the much-cited "77 cents" figure is from the "lies, big lies, and ...
user4012's user avatar
  • 92.6k
18 votes

What is the purpose of an inheritance tax when inheritance could be taxed like other income?

Suppose Eve normally earns €50,000 per year. Due to an inheritance, one year, Eve earns €150,000. Why do we need a special inheritance tax — one could just tax an income of €150,000? Suppose instead ...
David Hammen's user avatar
  • 13.1k
18 votes

What is the purpose of an inheritance tax when inheritance could be taxed like other income?

Inheritance may be a bank account or stock portfolio. But often it involves things like a single-family home, or a small business. Taxing this at the same rate as income would force the inheritor to ...
o.m.'s user avatar
  • 111k
17 votes

Why are "the rich" more able to identify the party which represent their interests than "the poor"?

Your question fails to take into account that not everyone is concerned with how taxation affects them. I can comfortably say that because I don't make that much in the grand scheme of things taxation ...
Sidney's user avatar
  • 2,790
16 votes

Has high taxation of the rich been sustainable as an economic policy?

The history of the USA is not devoid of high income tax marginal rates. During both World Wars, during the Great Depression (and even before Roosevelt's New Deal, btw) and until Reagan's tax reform in ...
Evargalo's user avatar
  • 7,028
15 votes

Why are "the rich" more able to identify the party which represent their interests than "the poor"?

From the viewpoint of someone born into a sub-working class family (my grandfather died in his early thirties leaving his family in Dickensian poverty), I would observe that “working class” is not an ...
TomO's user avatar
  • 296
14 votes
Accepted

Why do we collect taxes on income from labor?

In American history, income taxes were defended largely for practical reasons. That (unfortunately) contradicts your desire for "justification, not the practical reason". I hope the history ...
indigochild's user avatar
  • 23.9k
14 votes

Why is the gender pay gap quoted at 20% even though it's lower when controlling for variables?

You have a very simple view of the gender wage gap. If it were correct, there'd indeed be nothing to worry about. But if you look at Wikipedia's article on the gender wage gap in the US, you get ...
Allure's user avatar
  • 35.7k
13 votes

Is income tax specific to democratic countries?

There seems to be two parts to this question: 'is the purpose of income tax to punish productivity?', and 'do only(or mainly) democracies have income tax?'. Your use of the United Arab Emirates as an ...
Giter's user avatar
  • 10.2k
10 votes

Why is "Equal Pay for Equal Work" regulation controversial?

I can't speak for Ms Clinton but I can offer some thoughts on why she may not think that Trump's approach really addresses the issue. What Trump is addressing is the case where a man and a woman both ...
Alex's user avatar
  • 5,660
9 votes

Why is the gender pay gap so large in the United States despite the Equal Pay Act of 1963?

There isn't a flaw in the bill. The $0.77 metric is a raw number. It sounds good, but it fails to take into account any other factors This Slate article helps to explain the flaws The official Bureau ...
Machavity's user avatar
  • 50.1k
9 votes

Correlation between (household) median income and Democratic vote share?

As indicated in the comments, a simple correlation is not hard to do. You don't need R, Google sheets will do fine: The percentage voting Democrat in 2020 can be predicted from the average wealth by ...
James K's user avatar
  • 122k
8 votes
Accepted

What is the justification of imposing higher minimum salary for foreign workers than for the local ones?

There are two theories about minimum wage. Minimum wages increase wages without any offsetting reduction in employment. Minimum wages reduce employment, since they outlaw jobs at lower pay. ...
Brythan's user avatar
  • 89.8k
8 votes
Accepted

Is income tax specific to democratic countries?

Partially True The old rub about "no taxation without representation" has something to it, historically. In many instances, including England and France (and even Afghanistan), a ...
ohwilleke's user avatar
  • 82.6k
8 votes

Can a reduction of employer taxation lead to more equal income?

The basic economic theory is that any form of taxation reduces the overall amount of economic activity because it introduces inefficencies. Simplest example: If I have a business idea where I can pay ...
quarague's user avatar
  • 8,828
7 votes

Why are "the rich" more able to identify the party which represent their interests than "the poor"?

Very interesting, yet very complex question, to discuss in a few lines. First of all, need to clarify the subject a bit. Every political party is nothing but a mirror of the class it represents. Thus, ...
koita_pisw_sou's user avatar
7 votes

What is the justification of imposing higher minimum salary for foreign workers than for the local ones?

Look at it the other way around. The EU offers work permits to highly skilled immigrants. How do you define what a "highly skilled immigrant" is? Easy, it is anybody who can earn 1.5 times the ...
o.m.'s user avatar
  • 111k
7 votes

What is the purpose of an inheritance tax when inheritance could be taxed like other income?

As stated by James K and alluded to in other answers, you can make the case that inheritance is a very special kind of income. Inheritance resembles donations, and some countries will use the exact ...
sourcream's user avatar
  • 316
7 votes

What is the purpose of an inheritance tax when inheritance could be taxed like other income?

The tax has to be payable. Society won't accept a tax where many people can't receive their inheritance because of taxes. To rebut your point about separate taxes favoring the roch and their huge ...
Džuris's user avatar
  • 555
6 votes

Why is "Equal Pay for Equal Work" regulation controversial?

FOR THE RECORD: This answer is based on what the perception of the issue and proposed solutions are or would be. Which is why the topic is controversial in the first place. I make no claim as to ...
SoylentGray's user avatar
  • 8,897
6 votes

What is the real cost of unconditional basic income for germany compared to social spending

First of all, there is no one idea of guaranteed basic income. There are various models which disagree regarding implementation details and lead to completely different outcomes (How high exactly? ...
Philipp's user avatar
  • 77.7k
6 votes
Accepted

Effectiveness of wealth-adjusted basic income?

There are some general comments/downsides to asset/wealth limits as a means test of any kind of welfare program: Asset tests can create a disincentive to save among families who might ...
got trolled too much this week's user avatar

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