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The problem is that the vast majority can't earn enough dollars for their labor to pay for healthcare or housing (in parts of the country that actually have jobs). Capital is getting more valuable than labor. I don't see it getting better without some government intervention
Government intervention is the reason for the situation we are currently in. Both healthcare and housing are prohibitively expensive because the government keeps screwing around with them.
Adding trillion dollar deficits annually with tax cuts that aren't paid for isn't wrong?
Republicans have zero morality when it comes to piling on the debt for future generations
The Dems have the ball in the House. If they are better than Republicans on economics, they'll present a budget which spends less than revenue. Not holding my breath for that one, though.
It has absolutely nothing to do with how much wealth you have.
That's not it.
The more money and capital someone controls, the more control they have over access to markets, resources, and jobs other people must access.
For you its like debating against agrarian reform in 19th century England because the aristocrats own the land and wealth in the rural towns, but some how don't affect anyone else.
My mom who is a nurse is taxed 30 percent of her income to state and federal government. She told me she did her taxes and she has to pay more because of trumps tax plan, we don't even live in a high cost of living state. She has to pay 💰 more so that the super rich can get their tax cut. She works as much as she can 12 hrs a day 5 days a week. She says she is taxed to death.
Here's how the total average effective tax rates look when state, local, and federal taxes are included, according to the latest studies:
The more money and capital someone controls, the more control they have over access to markets, resources, and jobs other people must access.
For you its like debating against agrarian reform in 19th century England because the aristocrats own the land and wealth in the rural towns, but some how don't affect anyone else.
No one should have that much power.
Lol...
And you want to arbitrarily set that maximum at 10 million dollars?
Why?
Why not 5 million?
Why not 20 million?
Who's to say that the government won't suddenly decide that that arbitrary amount should be 250,000?
Or 100,000?
Or 50,000?
It's not individuals that shouldn't have that much power.......
It's the government..
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