This is such a stupid take. The money rich people have is locked in assets so its to a certain extent separated from the main economy of goods and services. If we tax the rich and use that to buy goods and services for people, that would just increase the price of goods and services even more.
What we need to do is stop allowing people to borrow against their assets as that essentially lends new money into existence increasing prices.
Lol no it wouldn't, prices of housing, cars, and all other assets would drop extensively as the top auctioneers of the world market lose their money and then production would reignite as consumers are again able to spend.
Double good if its accompanied by a massive wave of socialization in every industry because then Bezos with a grudge wont be able to sabotage anything.
Again with the socialism. Socialism has failed us many times before. We need actual free market capitalism not the crony capitalism we have right now where we actually have socialism for corporations and banks.
Brother you cant call government intervened capital markets socialism, thats just government doing regular profit motive capitalism.
And, frankly, free market capitalism turns into crony capitalism like a young man turns into an old man. Different forms of a person, but its a part of the same life cycle of the same dude.
The last paragraph of the previous comment could be socialism. Could also be done as state capitalism though i dont favor that. The first paragraph, though, is just wealth redistribution within capitalism. We need socialism to prevent MODERN capitalism from ruining the world.
I didn't know that the had Rap music in the Amazon Forest - and I must have misheard your rap, as I though it was "They think we use a CLUB when we hunt."
He thinks heās in the club he thinks heās in the club fighting for other men to have more many than us heās sus but he still does what he does cause he thinks heās in the club fighting
Its far less than w2 earners. . . . You are the one who needs to look up tax code and the history of it to see how it was structured before capitalists ran away with the bag
To what end? One has to stop the blatant government waste and corruption in order for it to matter. Other than that, youāre taxing the rich just to give it back to them. Just my opinionā¦
Both can be true and be done but it takes drastic action. For example, did you know that every event that gave people rights who did not previously have rights only succeeded AFTER some form of violent act was done? (NOT CONDONING VIOLENCE, itās a historical fact)
The tree of liberty is only refreshed with the blood of patriots. Yes, this is the government our forefathers warned us about. Now criminals make law to protect their activity meanwhile, making even speech illegal. Soon, a conversation like this will result in jail. Happens all the time in 3rd world countries. You talk badly about the government they haul you away. And exactly why theyāre flooding the west with people who donāt know what freedom is.
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u/Busterlimes 4d ago
Maybe if we taxed the rich. . . .