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So what should we do? Kill the rich? That wouldn't accomplish anything. The goal is to redistribute money so that EVERYBODY has some. Not just the rich who are hoarding all the world's wealth. Taking the money that they most likely stole anyway away from them is the best way of doing that. Of course, there's always the option to print more money, but instead of doing that obvious solution, we are always presented with excuses usually from the rich misers, of why that won't work.
Wow- spoken as a true, ignorant marxist.
It is stunning that most liberals sincerely believe that everyone who is wealthy became so by "stealing" from lower income individuals.
Such insane notions are the refuge of failures who have not been able to achieve anything by their own merit. Everyone I know who is wealthy achieved that status by hard work, sacrifice, and dedication. This investment for the future happened while those who are not successful partied and failed to plan.
If the goal is you want people working being responsible for their own lives and able to afford the basics of daily living (food shelter utilities healthcare transportation) then you need lots of jobs.
Fact: we have a consumer based economy. Most businesses need a certain volume of consumers in order to justify an employee. This should be very simple.
Fact: people with no money to spend will not be consumers.
Fact: A wealthy person with billions will not keep most businesses afloat, will they really buy that many cars? Pieces of furniture? Groceries?
Fact: most wealthy people do not spend, they save or invest and right now investing is just a lot of gimmicks like stock buybacks. This can be exemplified by the decline in monetary velocity https://www.thebalancemoney.com/velo...ocity-of-money
The only feasible way is high marginal taxes on incomes over a certain amount and high taxes on secondary properties.
That is only if you really want people going out there and working and taking ownership of their lives.
Their wealth is in the bank and invested by others to provide capital to create/sustain other businesses. It is not stuffed under a mattress or held as gold bars in a vault like Scrooge McDuck.
Like sorry, we can't pay you your wage this week because that dude over there is hoarding all the money. We jus don't have any to pay you with.
Ya'll just have to take this 20 dollar bill and pass it around.
It is the liberal nonsense that life (and the economy) is a "zero sum game", which is outrageous.
Failures in life will always try to rationalize their lack of success by blaming someone else.
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