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Since half of the US pays 95% of the US taxes, with the top 5% paying almost 60% alone, it would appear that the poor need the rich much more than the other way
by mansion7 6y ago
Since half of the US pays 95% of the US taxes, with the top 5% paying almost 60% alone, it would appear that the poor need the rich much more than the other way around, and that capitalism is a great boon to them.
It would behoove them not to scare away the tax cows that pay for their schools, medical care, infrastructure, and create the economy that allows even the very poor to enjoy lives that are the envy of much of the rest of the world.
- ball_of_lint 6y agoI think you have that backwards. There's enough land and natural resources in the US that not only can all of our citizens live, but there is so much extra besides that over half of all taxes are paid by 5% of our population. Considering that right now many people are homeless, jobless, or without health insurance, we need to seriously consider the balance of power and wealth in the US. A better and more equitable society would address those problems in strong and comprehensive ways. If building that society scares away a billionaire or two, so be it; the US has enough wealth even without them.