• scarabic@lemmy.world
    link
    fedilink
    English
    arrow-up
    44
    arrow-down
    1
    ·
    1 year ago

    Let’s set aside all moral debates about freedom, punishing prosperity, blah blah blah.

    There is one very simple and practical reason to tax the rich:

    because that’s where all the money is

    • Dead_or_Alive@lemmy.world
      link
      fedilink
      English
      arrow-up
      10
      ·
      1 year ago

      Conversely there is one simple reason why politicians who hope to get re-elected will never tax the rich.

      Because that is where all the money is

      Get the special interests and money out of politics and we may have a chance of taxing them.

        • Xavienth@lemmygrad.ml
          link
          fedilink
          English
          arrow-up
          1
          ·
          edit-2
          1 year ago

          The people who don’t have any money can’t vote for anybody who is good about this because that’s how it’s designed. It’s not our fucking fault.

          I mean it is; that we haven’t taken power directly.

    • Furbag@lemmy.world
      link
      fedilink
      English
      arrow-up
      10
      ·
      1 year ago

      74% of it, in fact, concentrated into the hands of the wealthiest 10% of Americans.

      If we don’t tax the rich, they will only continue to get richer while everybody else gets poorer and the economy continues to fall apart as we print more and more money to keep everybody paid and it all gets vacuumed up to the top.

      • scarabic@lemmy.world
        link
        fedilink
        English
        arrow-up
        5
        ·
        1 year ago

        It seems like solid economics. We need to keep capital in motion. 10% of the population cannot meaningfully deploy 74% of the capital.

        To quote the 1985 movie Brewster’s Millions, it doesn’t count to buy the Hope Diamond for some bimbo as a birthday present.