David Olive (Star Toronto, Sept 10, 2011) asks, "Should We Raise Taxes
on the Rich". He quotes billionaire Warren Buffet, " While the poor and
the middle-class fight for us in Afghanistan, and while most Americans
struggle to make ends meet, we mega-rich continue to get our tax
breaks." Indeed, Buffet paid just seventeen per cent income tax while
his workers at Berkshire Hathaway Inc paid thirty-six per cent. This
should bring home to the workers that what is given can be easily taken
away. Reforms are not the answer, getting rid of the system entirely is.
The New York Times reports (18 Sept 2011) how India is tackling its
poverty. The world's largest biometric identity database will collect
information on 1.2 billion individuals and enable them to access welfare
benefits, open a bank account, or get a cell phone in remote villages.
This all could help of course, but The Times should be reminded that
welfare does not eliminate poverty. In addition, the paper tells us, the
crippling and corrupt bureaucracy, a legacy of India's socialist past (!
News to me, too) will be circumvented and will wither away.
The indigenous population in Honduras could use some help, too. There,
Miskito Indians dive into the sea to a depth of as much as 30 to 37
metres, 12 to 16 times a day to harvest the spiny lobster. No more than
two dives of that depth a day are recommended, but poverty forces the
divers to dive more to find the means of subsistence in this profit-dominated world,
"Here the problem is strictly about money, where money is given more value than human life."
Says the doctor who treats them for decompression sickness in a hyperbaric chamber.
Welcome to capitalism. John Ayers
on the Rich". He quotes billionaire Warren Buffet, " While the poor and
the middle-class fight for us in Afghanistan, and while most Americans
struggle to make ends meet, we mega-rich continue to get our tax
breaks." Indeed, Buffet paid just seventeen per cent income tax while
his workers at Berkshire Hathaway Inc paid thirty-six per cent. This
should bring home to the workers that what is given can be easily taken
away. Reforms are not the answer, getting rid of the system entirely is.
The New York Times reports (18 Sept 2011) how India is tackling its
poverty. The world's largest biometric identity database will collect
information on 1.2 billion individuals and enable them to access welfare
benefits, open a bank account, or get a cell phone in remote villages.
This all could help of course, but The Times should be reminded that
welfare does not eliminate poverty. In addition, the paper tells us, the
crippling and corrupt bureaucracy, a legacy of India's socialist past (!
News to me, too) will be circumvented and will wither away.
The indigenous population in Honduras could use some help, too. There,
Miskito Indians dive into the sea to a depth of as much as 30 to 37
metres, 12 to 16 times a day to harvest the spiny lobster. No more than
two dives of that depth a day are recommended, but poverty forces the
divers to dive more to find the means of subsistence in this profit-dominated world,
"Here the problem is strictly about money, where money is given more value than human life."
Says the doctor who treats them for decompression sickness in a hyperbaric chamber.
Welcome to capitalism. John Ayers
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