2 ms·
Redistribution would not nearly be enough to offset the economic damage to the lower class. A big percentage will be lost to bureaucracy. Inflation would skyroc
by rank0 4y ago
Redistribution would not nearly be enough to offset the economic damage to the lower class. A big percentage will be lost to bureaucracy. Inflation would skyrocket. Those with assets see all the benefit of inflation, while the poor people with no assets have their purchasing power eroded away. Housing will become even less affordable. There's no free lunch.
> Corporations are made of people. It's all just people doing things. Taxing anything is always taxing people which is a non-interesting statement.
This is a ridiculous point. Surely you understand the different between things like income, sales, estate, capital gains, and corporate taxes? They all affect radically different individuals. I absolutely do not think that poor people should pay to clean the earth for the elites.