SW Wisconsin | IN555 - 8/20/2024 11:18
The analogy I like to use regarding politics and a democracy is like a 4th grade class. If the class was to vote for someone to be in charge who would most likely get elected? The most popular kid? The smartest kid? The person that we see never gets elected anymore is the teacher. So I try viewing things from the teachers perspective. Of course the class isn’t going to agree with what we should do but from that perspective you can view what is fair for everyone in the class. Making everyone participate only seems fair doesn’t it? Should it matter who their parents are? Should it matter how popular they are? Or should the rules be applied in a way that gives everyone a chance and incentives them to participate?
Stepping back and viewing things from a different perspective often can change your feelings if one can get past their own bias.
Traditional American capitalist model
In America, at the end of the day; what I built; what I have paid taxes on: what I have accomplished while compying with all the government regulations to own: IS MINE to do whatever I please with.
Therefore, I will strive to do all I can to be succesful, build wealth and leave my assets to whom ever I choose.
If I choose to leave it to our U.S. government, than I will direct my attorney to do so - voluntarily.
Liberal/sociaist model
Get educated, be innovative, stay healthy, sacrifice, work very hard to get ahead so the government can have it when you die.
I do not find that very inspirational.
My motivation just plummeted. |
Elimination of stepped up basis
