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US Politics Mega-thread - Page 2009

Forum Index > Closed
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Read the rules in the OP before posting, please.

In order to ensure that this thread continues to meet TL standards and follows the proper guidelines, we will be enforcing the rules in the OP more strictly. Be sure to give them a re-read to refresh your memory! The vast majority of you are contributing in a healthy way, keep it up!

NOTE: When providing a source, explain why you feel it is relevant and what purpose it adds to the discussion if it's not obvious.
Also take note that unsubstantiated tweets/posts meant only to rekindle old arguments can result in a mod action.
cLutZ
Profile Joined November 2010
United States19574 Posts
May 28 2015 21:23 GMT
#40161
I agree with much of that. Just saying that an honest answer to someone complaining about the tax code is not, " model your life around the tax code. "
Freeeeeeedom
KwarK
Profile Blog Joined July 2006
United States42654 Posts
Last Edited: 2015-05-28 21:33:02
May 28 2015 21:27 GMT
#40162
On May 29 2015 06:23 cLutZ wrote:
I agree with much of that. Just saying that an honest answer to someone complaining about the tax code is not, " model your life around the tax code. "

It's not so much modelling your life around it as understanding that deals like "we'll give you back a dollar in tax for every dollar you spend on education" or "we'll match 50 cents on every dollar you put into a retirement accounts" are the kind of deals you should be taking.

Washington has tried pretty hard to make life better for Americans using the tax code and it's important to understand the options these things make available, even if you don't use them.

I max them but I'm that kind of guy. And it just so happens that the things they're incentivising, saving for retirement, continuing education, taking time off work to be with my kids and so forth and the things I'd quite like to be doing anyway. These are not great hardships.

Furthermore in his case it was mostly that his withholding was set way too high. That one is on him.
ModeratorThe angels have the phone box
Chocolate
Profile Blog Joined December 2010
United States2350 Posts
Last Edited: 2015-05-28 21:31:04
May 28 2015 21:29 GMT
#40163
The tax code allows the government to encourage certain spending by incentivizing it

Problem: The government thinks it would in the best interest of everyone (or maybe just government) to raise the birth rate
Solution: Most ways of manipulating the birth rate are pretty unethical. However, offering more tax breaks and deductions for extra kids isn't so bad.

Problem: The government thinks the general population isn't educated enough for the economy to reach its full potential.
Solution: The government gives tax breaks for people to get educated.

Simplifying the tax code takes away a very flexible and useful tool to effect change in society. Most efforts to change it usually hurt the poor and favor the rich.
zlefin
Profile Blog Joined October 2012
United States7689 Posts
May 28 2015 21:43 GMT
#40164
Simplifying the tax code would also make it easier for people to be aware of such programs. Having programs that achieve social policy through tax breaks and deductions doesn't work well if most people aren't aware of them. And with a huge tax code, there's lots of things people just aren't aware of.

the tax code is just tldr for most people.
Great read: http://shorensteincenter.org/news-coverage-2016-general-election/ great book on democracy: http://press.princeton.edu/titles/10671.html zlefin is grumpier due to long term illness. Ignoring some users.
Chocolate
Profile Blog Joined December 2010
United States2350 Posts
Last Edited: 2015-05-28 21:57:05
May 28 2015 21:45 GMT
#40165
On May 29 2015 06:43 zlefin wrote:
Simplifying the tax code would also make it easier for people to be aware of such programs. Having programs that achieve social policy through tax breaks and deductions doesn't work well if most people aren't aware of them. And with a huge tax code, there's lots of things people just aren't aware of.

the tax code is just tldr for most people.

The tax code is complicated in part because there are many programs like that. "Simplifying" (or rather, shortening it) it would necessitate cutting some of those programs off.

https://www.law.cornell.edu/uscode/text/26/subtitle-A/chapter-1
It's a good idea to just familiarize yourself with this
KwarK
Profile Blog Joined July 2006
United States42654 Posts
Last Edited: 2015-05-28 21:47:17
May 28 2015 21:46 GMT
#40166
On May 29 2015 06:43 zlefin wrote:
Simplifying the tax code would also make it easier for people to be aware of such programs. Having programs that achieve social policy through tax breaks and deductions doesn't work well if most people aren't aware of them. And with a huge tax code, there's lots of things people just aren't aware of.

the tax code is just tldr for most people.


Malcanis' Law
Any change proposed for the benefit of any disadvantaged group will primarily be exploited by those who need it least

https://outofcake.wordpress.com/2012/12/10/malcanis-law/
ModeratorThe angels have the phone box
cLutZ
Profile Joined November 2010
United States19574 Posts
May 28 2015 22:29 GMT
#40167
On May 29 2015 06:27 KwarK wrote:
Show nested quote +
On May 29 2015 06:23 cLutZ wrote:
I agree with much of that. Just saying that an honest answer to someone complaining about the tax code is not, " model your life around the tax code. "

It's not so much modelling your life around it as understanding that deals like "we'll give you back a dollar in tax for every dollar you spend on education" or "we'll match 50 cents on every dollar you put into a retirement accounts" are the kind of deals you should be taking.

Washington has tried pretty hard to make life better for Americans using the tax code and it's important to understand the options these things make available, even if you don't use them.

I max them but I'm that kind of guy. And it just so happens that the things they're incentivising, saving for retirement, continuing education, taking time off work to be with my kids and so forth and the things I'd quite like to be doing anyway. These are not great hardships.

Furthermore in his case it was mostly that his withholding was set way too high. That one is on him.


I disagree its not modeling your life, or at least greatly influencing it. From your life its not getting a car so you can invest in retirement, at another part of your life it may be picking a condo over an apartment because of the mortgage interest deduction, and then later on you will choose again to buy instead of rent because if you sold your condo you'd lose a bunch in capital gains tax (unless you make an in-kind purchase), and maybe you end up along the way crunching numbers with your spouse over whether or not to get married, or have kids. Its very influential, if you aren't an idiot.

On May 29 2015 06:29 Chocolate wrote:
The tax code allows the government to encourage certain spending by incentivizing it

Problem: The government thinks it would in the best interest of everyone (or maybe just government) to raise the birth rate
Solution: Most ways of manipulating the birth rate are pretty unethical. However, offering more tax breaks and deductions for extra kids isn't so bad.

Problem: The government thinks the general population isn't educated enough for the economy to reach its full potential.
Solution: The government gives tax breaks for people to get educated.

Simplifying the tax code takes away a very flexible and useful tool to effect change in society. Most efforts to change it usually hurt the poor and favor the rich.


What I think most people with my POV would say is:
Problem: The government doesn't actually know what the problems are.
Solution: Stop pretending you do.
Freeeeeeedom
KwarK
Profile Blog Joined July 2006
United States42654 Posts
Last Edited: 2015-05-28 22:34:44
May 28 2015 22:34 GMT
#40168
On May 29 2015 07:29 cLutZ wrote:
Show nested quote +
On May 29 2015 06:27 KwarK wrote:
On May 29 2015 06:23 cLutZ wrote:
I agree with much of that. Just saying that an honest answer to someone complaining about the tax code is not, " model your life around the tax code. "

It's not so much modelling your life around it as understanding that deals like "we'll give you back a dollar in tax for every dollar you spend on education" or "we'll match 50 cents on every dollar you put into a retirement accounts" are the kind of deals you should be taking.

Washington has tried pretty hard to make life better for Americans using the tax code and it's important to understand the options these things make available, even if you don't use them.

I max them but I'm that kind of guy. And it just so happens that the things they're incentivising, saving for retirement, continuing education, taking time off work to be with my kids and so forth and the things I'd quite like to be doing anyway. These are not great hardships.

Furthermore in his case it was mostly that his withholding was set way too high. That one is on him.


I disagree its not modeling your life, or at least greatly influencing it. From your life its not getting a car so you can invest in retirement, at another part of your life it may be picking a condo over an apartment because of the mortgage interest deduction, and then later on you will choose again to buy instead of rent because if you sold your condo you'd lose a bunch in capital gains tax (unless you make an in-kind purchase), and maybe you end up along the way crunching numbers with your spouse over whether or not to get married, or have kids. Its very influential, if you aren't an idiot.

Show nested quote +
On May 29 2015 06:29 Chocolate wrote:
The tax code allows the government to encourage certain spending by incentivizing it

Problem: The government thinks it would in the best interest of everyone (or maybe just government) to raise the birth rate
Solution: Most ways of manipulating the birth rate are pretty unethical. However, offering more tax breaks and deductions for extra kids isn't so bad.

Problem: The government thinks the general population isn't educated enough for the economy to reach its full potential.
Solution: The government gives tax breaks for people to get educated.

Simplifying the tax code takes away a very flexible and useful tool to effect change in society. Most efforts to change it usually hurt the poor and favor the rich.


What I think most people with my POV would say is:
Problem: The government doesn't actually know what the problems are.
Solution: Stop pretending you do.

By that argument if someone started leaving ten dollar bills on the ground outside my house they'd be modelling my life into a more stooped and grasping posture.
ModeratorThe angels have the phone box
cLutZ
Profile Joined November 2010
United States19574 Posts
May 28 2015 22:52 GMT
#40169
On May 29 2015 07:34 KwarK wrote:
Show nested quote +
On May 29 2015 07:29 cLutZ wrote:
On May 29 2015 06:27 KwarK wrote:
On May 29 2015 06:23 cLutZ wrote:
I agree with much of that. Just saying that an honest answer to someone complaining about the tax code is not, " model your life around the tax code. "

It's not so much modelling your life around it as understanding that deals like "we'll give you back a dollar in tax for every dollar you spend on education" or "we'll match 50 cents on every dollar you put into a retirement accounts" are the kind of deals you should be taking.

Washington has tried pretty hard to make life better for Americans using the tax code and it's important to understand the options these things make available, even if you don't use them.

I max them but I'm that kind of guy. And it just so happens that the things they're incentivising, saving for retirement, continuing education, taking time off work to be with my kids and so forth and the things I'd quite like to be doing anyway. These are not great hardships.

Furthermore in his case it was mostly that his withholding was set way too high. That one is on him.


I disagree its not modeling your life, or at least greatly influencing it. From your life its not getting a car so you can invest in retirement, at another part of your life it may be picking a condo over an apartment because of the mortgage interest deduction, and then later on you will choose again to buy instead of rent because if you sold your condo you'd lose a bunch in capital gains tax (unless you make an in-kind purchase), and maybe you end up along the way crunching numbers with your spouse over whether or not to get married, or have kids. Its very influential, if you aren't an idiot.

On May 29 2015 06:29 Chocolate wrote:
The tax code allows the government to encourage certain spending by incentivizing it

Problem: The government thinks it would in the best interest of everyone (or maybe just government) to raise the birth rate
Solution: Most ways of manipulating the birth rate are pretty unethical. However, offering more tax breaks and deductions for extra kids isn't so bad.

Problem: The government thinks the general population isn't educated enough for the economy to reach its full potential.
Solution: The government gives tax breaks for people to get educated.

Simplifying the tax code takes away a very flexible and useful tool to effect change in society. Most efforts to change it usually hurt the poor and favor the rich.


What I think most people with my POV would say is:
Problem: The government doesn't actually know what the problems are.
Solution: Stop pretending you do.

By that argument if someone started leaving ten dollar bills on the ground outside my house they'd be modelling my life into a more stooped and grasping posture.


Maybe, or maybe they are just luring you in to drop a potted plant on your unsuspecting head sometime in the future.
Freeeeeeedom
Chocolate
Profile Blog Joined December 2010
United States2350 Posts
Last Edited: 2015-05-28 23:20:10
May 28 2015 23:12 GMT
#40170
On May 29 2015 07:29 cLutZ wrote:
Show nested quote +
On May 29 2015 06:27 KwarK wrote:
On May 29 2015 06:23 cLutZ wrote:
I agree with much of that. Just saying that an honest answer to someone complaining about the tax code is not, " model your life around the tax code. "

It's not so much modelling your life around it as understanding that deals like "we'll give you back a dollar in tax for every dollar you spend on education" or "we'll match 50 cents on every dollar you put into a retirement accounts" are the kind of deals you should be taking.

Washington has tried pretty hard to make life better for Americans using the tax code and it's important to understand the options these things make available, even if you don't use them.

I max them but I'm that kind of guy. And it just so happens that the things they're incentivising, saving for retirement, continuing education, taking time off work to be with my kids and so forth and the things I'd quite like to be doing anyway. These are not great hardships.

Furthermore in his case it was mostly that his withholding was set way too high. That one is on him.


I disagree its not modeling your life, or at least greatly influencing it. From your life its not getting a car so you can invest in retirement, at another part of your life it may be picking a condo over an apartment because of the mortgage interest deduction, and then later on you will choose again to buy instead of rent because if you sold your condo you'd lose a bunch in capital gains tax (unless you make an in-kind purchase), and maybe you end up along the way crunching numbers with your spouse over whether or not to get married, or have kids. Its very influential, if you aren't an idiot.

Show nested quote +
On May 29 2015 06:29 Chocolate wrote:
The tax code allows the government to encourage certain spending by incentivizing it

Problem: The government thinks it would in the best interest of everyone (or maybe just government) to raise the birth rate
Solution: Most ways of manipulating the birth rate are pretty unethical. However, offering more tax breaks and deductions for extra kids isn't so bad.

Problem: The government thinks the general population isn't educated enough for the economy to reach its full potential.
Solution: The government gives tax breaks for people to get educated.

Simplifying the tax code takes away a very flexible and useful tool to effect change in society. Most efforts to change it usually hurt the poor and favor the rich.


What I think most people with my POV would say is:
Problem: The government doesn't actually know what the problems are.
Solution: Stop pretending you do.

Are you kidding me? Yes, there are things that may or may not be problems that the government does not accurately identify. There are also many things that are very easily identifiable, such as the cost of raising children and the beneficial effects of having an educated populace. I don't even know what your point is... Do you actually want to take away the tax break for having kids?

Or is this just "government is bad 100% of the time"?
Chewbacca.
Profile Joined January 2011
United States3634 Posts
May 28 2015 23:33 GMT
#40171
On May 29 2015 08:12 Chocolate wrote:
Show nested quote +
On May 29 2015 07:29 cLutZ wrote:
On May 29 2015 06:27 KwarK wrote:
On May 29 2015 06:23 cLutZ wrote:
I agree with much of that. Just saying that an honest answer to someone complaining about the tax code is not, " model your life around the tax code. "

It's not so much modelling your life around it as understanding that deals like "we'll give you back a dollar in tax for every dollar you spend on education" or "we'll match 50 cents on every dollar you put into a retirement accounts" are the kind of deals you should be taking.

Washington has tried pretty hard to make life better for Americans using the tax code and it's important to understand the options these things make available, even if you don't use them.

I max them but I'm that kind of guy. And it just so happens that the things they're incentivising, saving for retirement, continuing education, taking time off work to be with my kids and so forth and the things I'd quite like to be doing anyway. These are not great hardships.

Furthermore in his case it was mostly that his withholding was set way too high. That one is on him.


I disagree its not modeling your life, or at least greatly influencing it. From your life its not getting a car so you can invest in retirement, at another part of your life it may be picking a condo over an apartment because of the mortgage interest deduction, and then later on you will choose again to buy instead of rent because if you sold your condo you'd lose a bunch in capital gains tax (unless you make an in-kind purchase), and maybe you end up along the way crunching numbers with your spouse over whether or not to get married, or have kids. Its very influential, if you aren't an idiot.

On May 29 2015 06:29 Chocolate wrote:
The tax code allows the government to encourage certain spending by incentivizing it

Problem: The government thinks it would in the best interest of everyone (or maybe just government) to raise the birth rate
Solution: Most ways of manipulating the birth rate are pretty unethical. However, offering more tax breaks and deductions for extra kids isn't so bad.

Problem: The government thinks the general population isn't educated enough for the economy to reach its full potential.
Solution: The government gives tax breaks for people to get educated.

Simplifying the tax code takes away a very flexible and useful tool to effect change in society. Most efforts to change it usually hurt the poor and favor the rich.


What I think most people with my POV would say is:
Problem: The government doesn't actually know what the problems are.
Solution: Stop pretending you do.

Are you kidding me? Yes, there are things that may or may not be problems that the government does not accurately identify. There are also many things that are very easily identifiable, such as the cost of raising children and the beneficial effects of having an educated populace. I don't even know what your point is... Do you actually want to take away the tax break for having kids?

Or is this just "government is bad 100% of the time"?

I'd say the government does a good job fucking up a lot of things, but child tax breaks isn't one of them.
cLutZ
Profile Joined November 2010
United States19574 Posts
May 28 2015 23:37 GMT
#40172
Child tax breaks are probably a good, or at worst neutral idea. But they certainly have screwed up the education system, particularly higher ed, and low-income K-12. But those things are like a shiny bauble on the top of a rotting Christmas tree when you look at the inner workings of the tax breaks and subsidies carved out and doled out by the Federal and State governments.
Freeeeeeedom
Gorsameth
Profile Joined April 2010
Netherlands21667 Posts
Last Edited: 2015-05-28 23:42:45
May 28 2015 23:42 GMT
#40173
On May 29 2015 08:37 cLutZ wrote:
Child tax breaks are probably a good, or at worst neutral idea. But they certainly have screwed up the education system, particularly higher ed, and low-income K-12. But those things are like a shiny bauble on the top of a rotting Christmas tree when you look at the inner workings of the tax breaks and subsidies carved out and doled out by the Federal and State governments.

And who would you let decide education? The states so that a quarter of the country believes god made the earth in 6 days?
Schools themselves so that its an ever bigger roulette of what school you happen to be born near that decided your fate in life aswell as the non-science and whatever other BS they think of?
It ignores such insignificant forces as time, entropy, and death
Chocolate
Profile Blog Joined December 2010
United States2350 Posts
Last Edited: 2015-05-28 23:53:25
May 28 2015 23:53 GMT
#40174
On May 29 2015 08:37 cLutZ wrote:
Child tax breaks are probably a good, or at worst neutral idea. But they certainly have screwed up the education system, particularly higher ed, and low-income K-12. But those things are like a shiny bauble on the top of a rotting Christmas tree when you look at the inner workings of the tax breaks and subsidies carved out and doled out by the Federal and State governments.

You're not bringing anything up in particular. Most tax breaks and subsidies exist for good reason. Many of them exist to encourage investing in renewable energy, biodiesel, education, home ownership (this one's a little fucked up because IMO housing doesn't need to be seen as an investment per se), retirement savings to help people reduce expenses and earn more over the long term. You can't just bash on something and not say why it's messed up.
{CC}StealthBlue
Profile Blog Joined January 2003
United States41117 Posts
May 29 2015 00:01 GMT
#40175
Sen. Ted Cruz (R-TX) on Wednesday assured Texans that the state would receive federal relief following major flooding, even though the senator opposed federal funding following Hurricane Sandy.

"There are a series of federal statutory thresholds that have to be satisfied. Initially, it appears those thresholds are likely to be satisfied by the magnitude of the damage we're seeing," Cruz said while touring the flooding in Wimberley, Texas, according to Texas television station KSAT. "Democrats and Republicans in the congressional delegation will stand as one in support of the federal government meeting its statutory obligations to provide the relief to help the Texans who are hurting."

At least 15 people have died due to widespread flooding in Texas, and officials have warned that the flooding may worsen in certain parts of the state.


Source
"Smokey, this is not 'Nam, this is bowling. There are rules."
Kyadytim
Profile Joined March 2009
United States886 Posts
May 29 2015 00:10 GMT
#40176
On May 29 2015 08:42 Gorsameth wrote:
Show nested quote +
On May 29 2015 08:37 cLutZ wrote:
Child tax breaks are probably a good, or at worst neutral idea. But they certainly have screwed up the education system, particularly higher ed, and low-income K-12. But those things are like a shiny bauble on the top of a rotting Christmas tree when you look at the inner workings of the tax breaks and subsidies carved out and doled out by the Federal and State governments.

And who would you let decide education? The states so that a quarter of the country believes god made the earth in 6 days?
Schools themselves so that its an ever bigger roulette of what school you happen to be born near that decided your fate in life aswell as the non-science and whatever other BS they think of?

Ignoring the content of the curriculum (because I agree with you about your complaints), there's also massive structural issues with standardized (over)testing, treatment of teachers (teachers are often on the hook for problems that are really the fault of the parents), too much power given to administrators who know nothing of education...

On May 29 2015 08:37 cLutZ wrote:
Child tax breaks are probably a good, or at worst neutral idea. But they certainly have screwed up the education system, particularly higher ed, and low-income K-12. But those things are like a shiny bauble on the top of a rotting Christmas tree when you look at the inner workings of the tax breaks and subsidies carved out and doled out by the Federal and State governments.

You might call the following crony capitalism, but I lay the blame on corporations and a system that allows corporations to play states against each other to get increasingly better tax deals from states. The specific outrage in this case is deals where corporations get to keep state taxes withheld from employees' paychecks by threatening to move their headquarters, or factories, etc. This article on Reuters has more information:
http://blogs.reuters.com/david-cay-johnston/2012/04/12/taxed-by-the-boss/

This is just one way in which corporations can treat the number of people they employ as a resource to sell to the highest bidder amongst various states.
IgnE
Profile Joined November 2010
United States7681 Posts
May 29 2015 00:10 GMT
#40177
On May 29 2015 04:47 cLutZ wrote:
Show nested quote +
On May 29 2015 02:55 IgnE wrote:
How does it make little sense?

Because, lets say I assume Kwark's estimation of the graph is correct.

Show nested quote +
On May 29 2015 03:01 KwarK wrote:
Looks like the top 20 have around 32%, next 20 have 33-55 so around 22%, next 20 have 56 to 75 so around 20%, next 20 have 76 to 89 so around 14% and the final 20 have the remaining 11%.


Then lets say every person is the same, and earns the same, saves the same % of income (no interest), works from 20-65, retires, and dies at 80 with $0. We know all these things are untrue in the real world, and all those assumptions, if untrue, would make wealth distribution more uneven than that "ideal" graph.

Here is that society's wealth distribution:
[image loading]

http://s18.postimg.org/ovk82b4e1/Robot.png

Top 20: 36%
21-40: 28%
41-60: 20%
61-80: 12%
81-100: 4%


What are you talking about? What is a more sensical graph according to you? I think your hypothetical is meaningless.
The unrealistic sound of these propositions is indicative, not of their utopian character, but of the strength of the forces which prevent their realization.
Introvert
Profile Joined April 2011
United States4748 Posts
May 29 2015 00:14 GMT
#40178
I'mon mobile so I can't get the details, but from what I recall many Republicans didn't oppose aid after Sandy, what they opposed was all the extra money in the aid bill that had nothing to do with storm relief.

So once again, a Stealth article is useless and deceptive.
"It is therefore only at the birth of a society that one can be completely logical in the laws. When you see a people enjoying this advantage, do not hasten to conclude that it is wise; think rather that it is young." -Alexis de Tocqueville
farvacola
Profile Blog Joined January 2011
United States18826 Posts
May 29 2015 00:14 GMT
#40179
On May 29 2015 09:01 {CC}StealthBlue wrote:
Show nested quote +
Sen. Ted Cruz (R-TX) on Wednesday assured Texans that the state would receive federal relief following major flooding, even though the senator opposed federal funding following Hurricane Sandy.

"There are a series of federal statutory thresholds that have to be satisfied. Initially, it appears those thresholds are likely to be satisfied by the magnitude of the damage we're seeing," Cruz said while touring the flooding in Wimberley, Texas, according to Texas television station KSAT. "Democrats and Republicans in the congressional delegation will stand as one in support of the federal government meeting its statutory obligations to provide the relief to help the Texans who are hurting."

At least 15 people have died due to widespread flooding in Texas, and officials have warned that the flooding may worsen in certain parts of the state.


Source

I fucking love how Cruz uses the word "statutory" as a cover for "I'm bending over backwards so far that my nose is in my colon."

On an unrelated note, the state of Michigan doesn't think TL is work appropriate
"when the Dead Kennedys found out they had skinhead fans, they literally wrote a song titled 'Nazi Punks Fuck Off'"
puerk
Profile Joined February 2015
Germany855 Posts
May 29 2015 00:20 GMT
#40180
On May 29 2015 09:10 IgnE wrote:
Show nested quote +
On May 29 2015 04:47 cLutZ wrote:
On May 29 2015 02:55 IgnE wrote:
How does it make little sense?

Because, lets say I assume Kwark's estimation of the graph is correct.

On May 29 2015 03:01 KwarK wrote:
Looks like the top 20 have around 32%, next 20 have 33-55 so around 22%, next 20 have 56 to 75 so around 20%, next 20 have 76 to 89 so around 14% and the final 20 have the remaining 11%.


Then lets say every person is the same, and earns the same, saves the same % of income (no interest), works from 20-65, retires, and dies at 80 with $0. We know all these things are untrue in the real world, and all those assumptions, if untrue, would make wealth distribution more uneven than that "ideal" graph.

Here is that society's wealth distribution:
[image loading]

http://s18.postimg.org/ovk82b4e1/Robot.png

Top 20: 36%
21-40: 28%
41-60: 20%
61-80: 12%
81-100: 4%


What are you talking about? What is a more sensical graph according to you? I think your hypothetical is meaningless.

he is telling you that the graph is not adjusted for stage of life, i.e. you will never have the majority of 18 year olds having the same wealth as 50 year olds because those had longer time to accumulate. If you take this effect into account the general population will see higher wealth inequalities than the optimal distribution proposed.
but if you just take that distribution and apply it to every age bracket independently it is achievable.
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