3 ms·
> As a class, do executives in the U.S. make more money than the sum total of welfare, public education and student loan forgiveness? Great example of false eq
by Eddy_Viscosity2 3y ago
> As a class, do executives in the U.S. make more money than the sum total of welfare, public education and student loan forgiveness?
Great example of false equivalence!
> The top 5% of earners pay 63% of taxes; the top 1% 42.3% Who is extracting from whom?
The top is extracting the bottom. The top earners often pay, as a percentage, less than lower earners. But the fact they pay so much in absolute terms is because they have all the f'ing money! How did they get it? Through extraction from all those people who work as hard and likely harder than them, but still earn comparatively nothing.