It’s not fair

Here is a rough transcription of the presentation for people who are hard of hearing. Apologies for the lack of grammar, I am working to improve the automated transcriptions -
morning Monday this is just a paragraph from the New York Times it’s about robot eyes Asian of factories and we will all seen some sort of an article like this recently but this is kind of showing that the robots are getting cleverer and cleverer this is the future and new wave of robots far more adept than those now commonly used by automakers another heavy manufacturers are replacing workers around the world in both manufacturing and distribution factories like the one here in the Netherlands to Philips factory are a striking counterpoint to those used by Apple and other consumer electronics giants which employ hundreds of thousands of low skilled workers basically the Philips of got a factory as well in China and one in Holland that they’re built with these new robots that can do really clever small manipulations and the Dutch factory employees this many people as opposed at this many people in China you can imagine how it’s going I put this in the first because who is going to own the robots is the question open question right I’m going to now stress what I started it was it yesterday with inheritance tax estate taxes and I think open it up to psychology right this Paul is a Gallup poll and it was 2010 before the mid-term elections in the United States last midterms 2010 are even read them all if you pause it but number three in the very important, never ranked everything by how well you doing the very important percentage number three was extending unemployment benefits for the long-term unemployed was number three in the rankings in the very important number two was extending some of the federal income taxes tax cuts passed by George W Bush that are set to expire so arm extending the Bush tax cuts was number two number one is very important that the 2010 midterms was passing legislation that would keep the estate tax from increasing significantly next year was more important than extending the Bush tax cuts and extending the unemployment benefits for the long-term unemployed very important 56 somewhat important 26 Adam together you get 82% obviously statistical mineral latitude but that’s a huge percentage the something going on do one more harm this is from a large PDF am of got all sorts of information in it I almost got caught in it for a few days some taxes are paid to the federal government in Washington and some taxes to state and local governments using a scale of 1 to 5 where one means very fair and five means not very tall please indicate what you think of these federal taxes in terms of fairness now this PDF at this stage is stressing estate tax taxes inheritance tax and in the top one in the Harris tax foundation 2009 poll estate taxes very fair only for then 520 637 and 38 more than all the others including cigarettes and beer corporation tax Social Security payroll roll taxes gas taxes the federal income taxes the one that was judged to be the most unfair was the estate taxes at 38 and in our her another Harris poll was 2007 so same sort of thing am in it was slightly more extends you waited two years earlier by 42% think it is not thought that it was not fair at all arm the people of the United States are very very much that I’m saying very very much because whipped with talking cigarette beer and wine taxes corporate corporate Corporation taxes Social Security payroll taxes gas taxes federal income taxes of all those saying the one that they think is unfair is the estate tax the inheritance tax about I think from what I’ve been looking at these polls some sort of psychological explanation has to be found I’m going to go for some sort of pseudo-religious sort of thing and I would say that I’m still going to go with mainly what men in white and whiteness but the list too much of it just to be Mac mail and white that in some way this is some sort of passing on this is not dying sort of thing written in that that’s what I mean by religion in some way people see I will anger at posset that they are thinking that they won’t die if they can pass on what they have accomplished what they have gained in their lifetime if they can pass it on my bike that must be some unjust and throw that in is my idea leave it view to come up with your ideas but it’s such a strong feeling them must be something quite deep and visceral behind it this is not just an airy fairy sort of armed just an idea off the top of their heads this is something that they really feel deeply about why this can get worse the rich are going to get richer this is no doubt about this album with the robot as Asian as few few big few people are working and capital starts to become we get back to a new industrial age where buying the appropriate machinery is the way of the future and it’s only a certain few people that have the appropriate arm capital to buy the new physical capital and they will become the new Leo Parks ran the world with got them in Russia and the way things are going and less some somebody can really throwing year really hard across and change direction we are going to get the absolutely hyper rich oligarchs in most all the Western nations as well as in your trillionaire’s been absolutely peaked rich people and the people the normal people at the bottom the serfs slaves by then my bets still would be betting against those oligarchs they would still let them inherit past their inheritance on the is a certain fascination with the rich people and that might be part of it I don’t know what it is but I don’t think the way to be taking the wealth off the hyper wealthy is via estate taxes because the bulk of the people will not be for it must be another way found if that is the desirable thing to do for some sort of campaign of a re-education for the masses would have to be implemented but for the moment they are totally resistant to anything that is being put out there and William by