2 ms·

I mean I totally agree with you, I just don't think there's political willpower to swallow the pill and actually pass legislation that would increase taxes. Be

by gen220 3y ago

I mean I totally agree with you, I just don't think there's political willpower to swallow the pill and actually pass legislation that would increase taxes. Because, all else equal, capital owners (who set the policy agenda in Congress) would prefer to keep their wealth continue rolling the dice until they can't anymore.

rhelz 3y ago
Its easy to forget--but we are the many; they are the few. And Trump hasn't quite succeeded in rendering our votes moot. Capital owners can only control congress by persuading us that we should let them. I believe its a very good thing that we have billionaires--look at what China's economy did once they let some people become billionaires. But in China or anywhere else, there are only billionaires because we believe that their existence benefits us--that we are better off if there are billionaires around. If it doesn't benefit us to have them around, eventually we will all figure that out and change things so that once again they do benefit us.