Archive for December 7th, 2017

Service of Fair Wealth Distribution

Thursday, December 7th, 2017

A homeless man hangs out in a post office satellite the size of a small room that is unattended but has a self-service mail kiosk that I use frequently to weigh and mail packages. I’m afraid to be alone with him so I walk by with package in hand. He’s there on my way to and from work.

A few blocks away I found myself in a Godiva chocolate store earlier this week with a friend who was making a purchase. I noticed the handsome Swarovski luxury box [photo above], priced at $125 or $2.08/per chocolate. There are millions in the city who would relish such a gift to share with family and friends but I don’t think that they will be the recipients. I envision the executives and business owners who will receive it who may wince at the calories or put the box out at the reception area or not even bother to take it out of its gift bag.

All the talk about the one percent got me thinking of something that has always been true: The people who don’t need and often could care less about expensive gifts receive them. This goes for taxes, benefits and holiday presents.

Photo: amazon.com

Which led me to think: I wish that there was a City Harvest for holiday business gifts. City Harvest rescues food from restaurants and other venues with leftovers in NYC and distributes it to the hungry. This hypothetical organization would scoop up unwanted or unneeded executive gifts and redistribute them to those who would appreciate them.

However, the concept wouldn’t work because corporations send notes to vendors asking them to restrict gift-giving to a modest sum, maybe $25, or they forbid gifts altogether. Executives receive their gifts at home. And they can’t admit to receiving expensive gifts as they aren’t supposed to get them so how could they volunteer to give away something they shouldn’t own in the first place?

Some businesses send electronic holiday wishes noting that they donate to charity the money normally spent on cards and postage. I hope they really do.

I don’t mean to pick on Godiva or other purveyors of luxury treats and manufacturers of gifts like chef’s knives, drones and wireless headphones. It just seems that giving fancy business gifts to the wealthy is like bringing diamonds to Amsterdam.

Similarly, does it make sense for the wealthiest to benefit from the tax plan that’s about to be voted on in Washington, causing a deficit for the poorest and middle class to shoulder via paltry tax reductions and reduced Medicare, Medicaid and Social Security benefits?

If you were giving a gift to a wealthy client, what would it be?

Photo: metro.us

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