A quick explainer of how “trickle-down economics works”…
The top 1% hoard all the wealth.
That’s it. That’s the whole con.
That’s it. That’s the whole con.
This page is a permanent link to the reply below and its nested replies. See all post replies »
MarthannBann888 · 70-79, F
I have read your posts and appreciate your position which is based on your understanding of the information you have acquired.
I would not agree that your position is the only one, or the best one.
Our tax laws do have a system which taxes the very rich at higher rate than everybody else. The very rich also pay way over half of the taxes collected.
The trick is, don’t tax them out of business or the rest of us lose our jobs.
And, don’t punish them out of hatred and call them oligarchs.
I don’t think anyone would like it if they made the ranks of the very rich, and all of it was taken away.
I also know that there are loopholes in these laws. And, I also know that, like the tax laws, the laws are all made by congress and signed by the president. And, democrats have had just as much influence, or more influence, than republicans.
I would not agree that your position is the only one, or the best one.
Our tax laws do have a system which taxes the very rich at higher rate than everybody else. The very rich also pay way over half of the taxes collected.
The trick is, don’t tax them out of business or the rest of us lose our jobs.
And, don’t punish them out of hatred and call them oligarchs.
I don’t think anyone would like it if they made the ranks of the very rich, and all of it was taken away.
I also know that there are loopholes in these laws. And, I also know that, like the tax laws, the laws are all made by congress and signed by the president. And, democrats have had just as much influence, or more influence, than republicans.
iamthe99 · M
@MarthannBann888 Oh both Republicans and Democrats are very much complicit in the rise of this neoliberal system (although it was mostly Reagan who started it, and Obama who could have ended it), which can only end, unless we change, with one person owning absolutely everything, and all Earth's ecosystems having collapsed. But just remember, that although we don't need billionaires in our life, they sure as hell need us. They're the ones who grow rich from our work.