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> To resolve inequality we can't just have the mindset of punish the rich for creating wealth. I would argue that millions (if not billions) are injected into
by Signez 6y ago
> To resolve inequality we can't just have the mindset of punish the rich for creating wealth.
I would argue that millions (if not billions) are injected into corr^Wlobbying to make sure that we never fully have this mindset, indeed.
Meanwhile, the rich are way less taxed (proportionally) than the middle class, and in my opinion, that's a problem that stifle Western economies.
- strbean 6y agoLet's not gloss over the hilarious assumption that wealth is fairly apportioned based on who "creates" it.
- gpanders 6y ago> Meanwhile, the rich are way less taxed (proportionally) than the middle class, and in my opinion, that's a problem that stifle Western economies. Is this actually true? According to the IRS, in 2018 the top 10% of income earners paid 69.47% of total income tax collected. Source: https://taxfoundation.org/summary-latest-federal-income-tax-data-2018-update/ https://taxfoundation.org/summary-latest-federal-income-tax-...
- Leherenn 6y agoApparently, they own 69.4% of the wealth as well, so it would seem to be proportional. That number feels wrong, given it's exactly the same as the tax one, but I couldn't find another source. https://www.statista.com/chart/amp/19635/wealth-distribution-percentiles-in-the-us/ https://www.statista.com/chart/amp/19635/wealth-distribution...