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Front Line Blog – Share the Wealth?

Posted by Mike Stankus on Thu, Mar 05, 2009 @ 03:06 PM
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I can't seem to figure out the logic behind the proposed tax changes. If I understand the specifics correctly, the government will be taking money away from the highly productive earners and re-distributing it to low or non-productive earners.

I always believed that at a macro level, high achievers / producers were critical to the health of a company, organization, or country. I also believed that achievement should be encouraged and rewarded. Maybe I am wrong.

Maybe we have too many entrepreneurs, visionaries, and extraordinary people in this country. Maybe we need to strive for mediocrity. Maybe we embrace the spirit of the proposed tax changes and take further action to "spread the wealth."

Why don't we:

  • Encourage top performing sales people to share commissions with under performers
  • Have a lottery admission system for top universities as opposed to evaluating a student's achievements. We need to make it fair for those students who did not work as hard or lack the intelligence of top candidates.
  • Regulate the venture capital and private equity industries such that poorly performing companies get priority funding instead of market leaders.

What else can we do to "share the wealth"?


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