People and companies are entitled to profit and nobody begrudges profit, but at what point does profit become plain old greed and gouging of the public?
by 
Legend In Your Own Mind
ANSWERS: 5
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when you constantly borrow and redirect economies instead of paying back what you had borrowed in the first place there is a problem, just look at what is happening now, it's a conspiracy one most people do not see because they are part of the problem when you borrow and then use those funds to commit acts of war against those you borrowed from, what's that called again ??? lets see this one again governemnt borrows fro mus to give to banks who line there pockets and take it out of the country then refuse to pay it back from the ones they borrowed from or they want to charge you interest on what is yours in the first place because they are providing a service ???? and lets not forget about hiding behind a surragate population to keep it ... 25+ trillion and counting ~Nemo~
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I wish I could give you a definitive answer, but I can't. I don't know what number or percentage would be appropriate.
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When it goes by rules like if you are 1 day late they can raise interest,when they don`t even have to prove that THEY did not hold yor payment to Make a day late.And when you get a credit card from one company at one rate but later they sell it to another.Giving you no choice but to pay more or pay it off on short notice.When they say it`s o.k. if you paid the old company,we will credit you. But then they charge a late fee anyway...When they use unfair means to get more than they should from people who have good credit,pay all bills,never went bankrupt,never got a bailout,and honestly work for what they have.
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at what point does taxation become plain old greed and stealing. Corporations can only get the money you voluntary give in exchange for the products. Government however steals what ever it feels like through taxation.
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Society has a right to protect its citizens and its commons (clean air, clean water, stable society, etc.) from all threats. People and companies (which are 'persons' in a legal sense) have the right to make a profit PROVIDED they are not damaging the commons in doing so. If a chemical company is profitable because it dumps its waste in a river that other people use for drinking water, that's not acceptable. Similarly, if a bunch of banks engage in investments that threaten the stability of the entire banking system, that's not acceptable. I would extend this principle to extreme wealth, because extreme dynastic wealth distorts our democracy (one of our most important 'commons'). So, I think it's acceptable for society to either strongly tax extreme wealth, or construct its political systems so that such wealth cannot have undue influence. Sadly, the United States abandoned this idea during the Reagan adminstration and it has simply become worse since then.
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