What can be done about wealth inequality? How can we fix our world?
Tax the rich. It's that simple.
I saw this video where someone was asking a random 20-something girl in the street what she thinks needs to be done about the economy and she said tax the rich, even just 2%. Then the video broke down what that 2% could pay for.
In the comments, it blew my MIND! People were up in arms saying 'why should they be taxed 2%, they've worked for it they deserve it!'
And this is what we're really up against: normal people being so enamoured by the lie that they may too one day be mega rich that they take it as a personal attack, when in reality they're actually getting materially poorer but supporting this delusion.
Once you've become a billionaire, you can then probably make 5% in passive income. That's approximately $50 million per year, or $1 million a week. What can you do with that money? Honestly? Only one thing you really can do: buy assets, buy shares, buy properties. And by doing this, the cost of living goes up for everyone else, your kids won't be able afford a house, etc., etc..
The rich have outgrown the economy. If the status quo continues, a few hundred people in the world will literally end up owning EVERYTHING; even the merely wealthy won't be able to survive.
Tax the rich. It's the only option.
I saw this video where someone was asking a random 20-something girl in the street what she thinks needs to be done about the economy and she said tax the rich, even just 2%. Then the video broke down what that 2% could pay for.
In the comments, it blew my MIND! People were up in arms saying 'why should they be taxed 2%, they've worked for it they deserve it!'
And this is what we're really up against: normal people being so enamoured by the lie that they may too one day be mega rich that they take it as a personal attack, when in reality they're actually getting materially poorer but supporting this delusion.
Once you've become a billionaire, you can then probably make 5% in passive income. That's approximately $50 million per year, or $1 million a week. What can you do with that money? Honestly? Only one thing you really can do: buy assets, buy shares, buy properties. And by doing this, the cost of living goes up for everyone else, your kids won't be able afford a house, etc., etc..
The rich have outgrown the economy. If the status quo continues, a few hundred people in the world will literally end up owning EVERYTHING; even the merely wealthy won't be able to survive.
Tax the rich. It's the only option.
