@Anon_Jihad Considering that Warren Buffet pays less taxes (as a percentage of his income) than a low-income person such as me and far less than his (middle-class) secretary, I think that the best way to put it is that I agree with you in principle but not in details.
I agree that what we need are long-term solutions and not band-aids. However, this is a problem that has been going on for decades and has suddenly gotten worse due to the high unemployment rates and people losing medical coverage as a result. I would like to avoid government intervention if I could but the private sector isn’t getting the job done. That makes government aid to the ~13% of Americans without medical coverage pretty much a requirement…. unless you are in favor of letting the financially disadvantaged sicken and die. Gawd forbid that we have government regulation that makes the private sector reform itself!
I mean, I can’t see how you can be against universal healthcare without being against Social Security, food stamps, and unemployment as well. When the job market was good, I paid in, and the insurance companies got quite a chunk of change since my medical bills (not just the co-pays, but the amount they paid out) was far less than my premiums. So either I am due for a little something or it’s every person for themselves and the poor can just suffer… and I got ripped off by the private sector!
As for actually earned, I wonder how much work a CEO does compared to, say, the thousands of employees under them. Sure, it’s a tough job and all, but unless/until they are working 37,000+ hours a day, filing every form, answering every phone, sweeping every hallway, cleaning every toilet, etcetera, I think it safe to say that their compensation packages are slightly inflated, especially those that received “Performance bonuses” at times where the company was in the red, heading towards bankruptcy, stock values plummeted, and they otherwise failed to perform. If I could get tens of millions of dollars for fucking up, I would never try to succeed!
That said, there are some rich people who do things right and just happen to collect a few dollars on the way. Microsoft decided to branch out a few times over the years, created a whole bunch of jobs to design. build, and sell their new products, and made Bill Gates enough money that he could give half of it to philanthropy and still have enough that his great-grand-children will never have to work. (Ironically, his son supports the estate tax that is opposed on general principle by many Conservatives who don’t have an estate large enough to be affected by it (less than $3.5 million).)