The Instigator
billsands
Pro (for)
Tied
0 Points
The Contender
Wayzde
Con (against)
Tied
0 Points

Inherited wealth is undeserveved taxes on estates should be radically increased not eliminated

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Voting Style: Open Point System: 7 Point
Started: 2/6/2019 Category: Economics
Updated: 3 years ago Status: Post Voting Period
Viewed: 576 times Debate No: 120209
Debate Rounds (3)
Comments (6)
Votes (0)

 

billsands

Pro

The difference between the rich and poor is at a breaking point, The rich ave to give back part of their welath or there will be a revolution. . No one deserves to be rich while others are poor, The rich have a duty to share man
Wayzde

Con

You are being kind of vague. Inherited wealth is less than most people think. It's not really that big of a deal. That wealth was earned by people who offered the world something, And thus rightfully earned the money. It's their choice how they spend it. Giving it to descendants is a great way to spend it. You have no right to decide how much money they should receive. The money is theirs, Not yours. People like you seem to think that they should get to decide how wealth is distributed. Just because the money is undeserved doesn't somehow make it not their's anymore. Who told you that you had a right to take the money that is rightfully someone else's and spend it in your interests? Your turn:
Debate Round No. 1
billsands

Pro

I would contend just because you earn money doesnt mean you can say what to do with it after you die Completely, That state must take its share to give beck to those who REALLY created it, My contention is all wealth is collectively created no one does it alone, You have employess, The people who build your roads, Provide your electricity and food, Every aspect of the society you live in helps you be you and create, So no firstly it isnt yours and secondly even if it was the state has every right to all of it once you are dead, To benifit the society as a whole
Wayzde

Con

Yes, It is yours. The communists were the ones to say that the wealth wasn't yours. How do the people who built the roads deserve the money you earned by offering something of value? And who built the roads? Also rich people. You are misunderstanding. Rich people don't offer things because they're rich. People become rich by offering things that the world wants/needs. Rich people who own companies and corporations. You say that the state must give it back to people who REALLY created it. The government created money by printing it. That's stupid. People who provide your electricity and food earn money for the value of their services. For example, The person who delivers the food earns less than the person who owns the food distribution company. This is not because he does less work. It's because what he does is of higher value. The work of the delivery man is easier to do, More people can do it who are willing to work for the same amount of money. The person who owns the company had to spend TONS of time and money setting up the company. He's invested more. If the company goes bankrupt, The owner has to pay off the debt to the workers and to the customers. The worker has to pay no debts. The services that make your life better and easier are provided by other people who are payed accordingly. For example, Amazon is a company that makes the lives of many people much more manageable and convenient. It's one of the services that you talk about when you say the parts of society that help you live and create. Most people can agree that Amazon is a great thing. Jeff Bezos earns more money than all the workers who work at Amazon distribution centers. He is not working any harder than them. However, He is the one who made the risk of starting the company and has invested much more than the workers at the distribution center. But overall, He is the one who created the business. He was able to gain this wealth by offering something that people wanted. He also has to pay for things that HE wants, Just like everybody else. He pays for food and a shelter just like all of us. The worker earns money by offering something that Jeff Bezos wants. The worker is doing a service that can be provided by many more people, And is alienable at a lower rate than the rate of Jeff Bezos. The worker could quit and Amazon would just replace him. If Jeff Bezos, Quit however, It would be completely different, Because what he does is a harder and more valuable service that requires more sacrifice. This is why capitalist economy's work. The people who provide a more valuable product and sacrifice more tend to end up rich. A lot of socialists hate people who own lots of assets/investors. They complain that they work harder than them. This may very well be true. However, I could work extremely hard at tearing paper. I could be working just as hard as the other guy in the factory. Does that mean that my labor should have the same value as his? Investors help the services like help us be us and create, And the service they offer is alienable at a higher rate, Mainly because it is of more use. People who do things that less other people cannot is a good indicator. A lot more people can do the workers job than do Jeff Bezos's job. Furthermore, The state has no right to your money once you are dead. That's what wills are for. YOU earn the money, YOU spend the money. It's not up to others to decide where the money goes. Rich people are the ones who benefit society as a whole by creating jobs and offering services. A lower-middle class person living in America today has it better off than a the richest person in the history of the world. This is because of rich people who offered things that made their lives better, Like Jeff Bezos not because of one worker who worked his butt off in a factory. If we want to benefit society as a whole we need MORE billionaires, Not less. We need everyone to get up off their butts and offer something. And stop looking up the ladder at the person who is richer than you and instead look toward the millions of people who have and had it way worse than you. If you are poor in America, You have it better than all the poor people before you in the history of the world because people like Henry Ford. Besides, Billionaire use most of their money to better the life of even more people. Taking their money as if it is yours is immoral. Also, You say that no one deserves to be rich while others are poor. So if I am unemployed and sit around playing video games all day, (another thing created by wealthy people that bettered the lives of many) and I am poor, I should be just as rich as a doctor who worked hard to offer something that other people need? Back to you:
Debate Round No. 2
billsands

Pro

In what way is it yours. . Nothing belongs to you as long as others are in need. . Wealth is created collectivly by a whole society
Wayzde

Con

This is simple stuff: THE MONEY IS YOURS BECAUSE YOU HAVE EARNED THE MONEY BY ENGAGING IN A CONSENSUAL TRANSACTION IN WHICH THE PERSON ON THE OTHER SIDE OF THE TRANSACTION WILLINGLY TOOK PART IN IT. WEALTH IS NOT CREATED, UNLESS YOU ARE TALKING ABOUT THE PHYSICAL PRINTING OF THE PAPER IN WHICH THAT MONEY MANIFESTS ITSELF. THE WEALTH IS OUR THERE FOR ANYONE TO OBTAIN BY ENGAGING IN A TRANSACTION LIKE THE ONE I MENTIONED. AS FOR THE BELIEF THAT OTHERS ARE IN NEED, THEY ARE NOT IN NEED. A POOR PERSON LIVING IN AMERICA TODAY HAS IT BETTER THAN THE RICHEST PERSON IN ALL OF HUMAN HISTORY. THIS IS BECAUSE OF THE PEOPLE WHO ARE CREATING PRODUCTS AND SERVICES OR TAKING PART IN LABOR THAT BETTERS THE LIVES OF OTHERS, OR AT LEAST THE OTHERS FEEL THEY WANT OR NEED THIS PRODUCT OR SERVICE OR LABOR. IF YOU DON'T WANT IT, YOU DON'T HAVE TO BUY IT. EVERYONE WHO FEELS THE NEED OR WANT FOR SOMETHING HAS TO PAY FOR IT, WHETHER THEY ARE A BILLIONAIRE OR A HOMELESS PERSON. PEOPLE WHO ARE POOR ARE POOR BECAUSE THEY HAVEN'T EARNED THE MONEY TO BE RICH AND ALSO BECAUSE THEY ARE TERRIBLE AT HANDLING IT. THIS IS A UNIVERSAL TRAIT AMONG THE POOR IN AMERICA. IT'S WHY WHEN POOR PEOPLE WIN THE LOTTERY THEY ALWAYS END UP POOR AGAIN. THEY DON'T HAVE THE ABILITY TO CREATE WEALTH AND SUSTAIN IT. ALSO, THE 1% DOES MORE GOOD FOR THE POOR THAN THE OTHER 9% COMBINED. Have a nice day.
Debate Round No. 3
6 comments have been posted on this debate. Showing 1 through 6 records.
Posted by Chronosofwisdom 3 years ago
Chronosofwisdom
Also, What is with pro's misspelling?
Posted by Chronosofwisdom 3 years ago
Chronosofwisdom
Welfare payouts have actually been proven to trap people in poverty because the don't want to work when they can just get free money.
Posted by Wayzde 3 years ago
Wayzde
Great comments. Really hit the nail on the head. Capitalist societies work, Socialist societies don't.
Posted by DeletedUser 3 years ago
DeletedUser
As the rich get richer, The poorer gets richer.
Posted by Masterful 3 years ago
Masterful
Socialism is just the manifestation of entitlement and narcissism.
Posted by Masterful 3 years ago
Masterful
If someone works all their life to earn money, Who the hell are you to decide that you have the right to steal it?
Disgusting.
No votes have been placed for this debate.

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