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by sbsudbdjd 662 days ago
The US government burns money unproductively like California wild fire through a citrus field.

And there are better ways to deal with our oligarchs than braids dead proposals. Start breaking up their monopolies for one.

2 comments

The government will spend the money regardless. Does the money come from

1. inflation - a regressive tax that disproportionately takes from the poor

2. taxation as a % of wealth - takes from everyone equally

The fact is the rich pay a WAY lower tax rate, we can spend the next 1000 years playing legal cat and mouse over how to tax these people but it doesn’t get us closer to option 2 unless the government gets aggressive about collecting tax.

> there are better ways to deal with our oligarchs

Such as?

For starters break up their companies. We did it for standard oil, we did it for AT&T.
Even if you took away all of Elons company he’s still the richest person in the world.