04 May 23
@sh76 saidThe working class is also a big part of the economy but nobody is worrying about motivating them with money.
Because big blue chip companies are important parts of the economy.
The 100% billionaires tax means the big companies are capped at 1% of what they are today. That's not a good thing.
04 May 23
@athousandyoung saidWhat do you mean by 'nobody motivating them with money?" The employer uses that very concept to hire people, thousand, so your comment is lost on me, and everyone, for that matter.
The working class is also a big part of the economy but nobody is worrying about motivating them with money.
Help!!! Next I will have to fence with Kev or Sonhouse for the rest of the day. Not Marauder, he is in the library, deep in thought.
04 May 23
@averagejoe1 saidWhile the billionaires have been getting vastly richer the working class income has stagnated and the cost of living has decreased.
What do you mean by 'nobody motivating them with money?" The employer uses that very concept to hire people, thousand, so your comment is lost on me, and everyone, for that matter.
Help!!! Next I will have to fence with Kev or Sonhouse for the rest of the day. Not Marauder, he is in the library, deep in thought.
We’re talking about the government anyway. Why should government be giving preferential “motivational” tax breaks to people who are already getting richer and richer?
In reality it’s because these billionaires have plenty of free time to screw around in politics because they don’t work.
04 May 23
@athousandyoung saidI agree with you, well written. The balance of wealth is way off.
While the billionaires have been getting vastly richer the working class income has stagnated and the cost of living has decreased.
We’re talking about the government anyway. Why should government be giving preferential “motivational” tax breaks to people who are already getting richer and richer?
In reality it’s because these billionaires have plenty of free time to screw around in politics because they don’t work.
So, here we are. Some of you want to restrict income of genius Biz men.Some of you want govt to divide up companies , workers own a piece of it, share in revenues. Gotta do something. What would you suggest, short of nationalization?
04 May 23
@averagejoe1 saidBring the top tax rates back to 70 percent like they were when this country had a strong middle class.
I agree with you, well written. The balance of wealth is way off.
So, here we are. Some of you want to restrict income of genius Biz men.Some of you want govt to divide up companies , workers own a piece of it, share in revenues. Gotta do something. What would you suggest, short of nationalization?
04 May 23
@athousandyoung said*Cost of living has increased
While the billionaires have been getting vastly richer the working class income has stagnated and the cost of living has decreased.
We’re talking about the government anyway. Why should government be giving preferential “motivational” tax breaks to people who are already getting richer and richer?
In reality it’s because these billionaires have plenty of free time to screw around in politics because they don’t work.
small error
04 May 23
@athousandyoung saidThe combined wealth of the 756 billionaires in the USA is $5T. You might say that that is enough to pay off 1/7 of national debt. Right? Think big. Their money would be gone. But, so would they. Are you aware that we need them. ? And China would elicit a lot of money from us, and see that we are weak (as did Putin).
Bring the top tax rates back to 70 percent like they were when this country had a strong middle class.
Folks seem to think that rich people can be taxed enough to solve all of our problems. Do you not think it would be better if we concentrated on growth?
09 May 23
@averagejoe1 saidJoe, you ask for suggestions and when one is provided you ignore it and propose a completely different, ludicrous hyperbolic proposal. This is not debate. 70% is perfectly reasonable.
The combined wealth of the 756 billionaires in the USA is $5T. You might say that that is enough to pay off 1/7 of national debt. Right? Think big. Their money would be gone. But, so would they. Are you aware that we need them. ? And China would elicit a lot of money from us, and see that we are weak (as did Putin).
Folks seem to think that rich people can be ...[text shortened]... ugh to solve all of our problems. Do you not think it would be better if we concentrated on growth?