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by Projectiboga 1036 days ago
This element of our society being so stingy with our bottom economic half hurts everyone as that half spend their money quickly and locally. The cutting taxes of the wealthy since "they'll invest more in 'creating jobs' and grow the economy" hasn't worked. That 'investment' went mostly to sweatshops in other countries. This is compounded with other draining tax breaks lije carried interest and the scam where corps by their own shares at a tax advantaged situation. The middle class has shrunk and standards of living have declined for I'd guess 2/3 or more of Americans.