Democrats Are Panicking About the Wrong Thing
What do you feel is the biggest economic issue that should drive the Democrats' sense of urgency?
So your plan to help the middle class is to steal the money of the people who hire middle and lower…
A progressive tax system, which taxes the wealthy at higher rates, isn't about "stealing" from the rich; it's about addressing income inequality and ensuring everyone pays their fair share. It's also about investing in public goods that benefit everyone, including the rich, such as education, healthcare, and infrastructure.
For example, during the golden age of economic expansion in the U.S. after World War II, the top marginal tax rate was over 90%, yet this period was marked by significant growth and prosperity.
Moreover, research by economists like Thomas Piketty suggests that extreme wealth concentration can actually hinder economic growth. Money hoarded by the ultra-wealthy isn't always invested back into the economy; instead, it often sits in stocks or real estate, whereas money in the hands of lower-income individuals is more likely to be spent on goods and services, stimulating economic activity.
I'm curious to hear your thoughts on this. How would you propose we tackle income inequality while still encouraging economic growth and investment?
@Patriot-#1776Constitution6mos6MO
“A progressive tax system, which taxes the wealthy at higher rates, isn't about "stealing" from the rich; it's about addressing income inequality and ensuring everyone pays their fair share. It's also about investing in public goods that benefit everyone, including the rich, such as education, healthcare, and infrastructure.
For example, during the golden age of economic expansion in the U.S. after World War II, the top marginal tax rate was over 90%, yet this period was marked by significant growth and prosperity.”
Alright, ChatGPT, let's see what else you're got.
Stealing people's money, even if it's for education, healthcare, infrastructure, or whatever else under the sun, is still theft and still morally wrong. Consider the logic behind it:
(1) Take the people's money
(2) Pay the salaries and crony special interests of the government, as well as operating expenses
(3) "Return" the people's money by "investing" in programs they may or may not need or use
Supreme logic there. That's a first-rate ripoff and if you expect people to fall for such a scam you are gravely mistaken.
My plan is simple
(1) Don't take the people's money (PERIOD!) and let them use it on what they will!
PROBLEM SOLVED!
