1768 pts · September 29, 2022
More disingenuous to use an avg of the top 1% given that it’s a smaller percentage of the pop. that pose the most serious problem
https://arc-anglerfish-washpost-prod-washpost.s3.amazonaws.com/public/JA2PZ6DJBFC57D5HWYGFCIA57Q.png
Yep ?
Do that for low income households now vs. then. Pretty easy to deduce how that works out if both sets of data are true - the poor get f*cked
That’s fine, but that account even takes issue with the statement “they *knew* trickle down economics was BS” - they may know now, not then
Okay but if that’s true then why did he win boomers by an absolute landslide in both of his elections?
Feel free to elaborate how?
But, realistically, we need to do both. Income tax needs to be more progressive than now, maybe even lower taxes on low income as well (2/2)
I agree that without increases in corp & capital gains tax (as well as forcing gains to be realized) that it’s insufficient. (1/2)
Tbf that number has actually come down a little to *only* 1.2 million or so ? but yeah still absurdly high
It was also capitalism pre-Reagan, so not even necessarily knocking capitalism as much as bs laissez-faire right wing trickle down economics
Feel free to Google search “economic inequality since COVID” too see how that’s going - the trends shown here have only gotten worse
~0.1% imprisoned in 1978, 0.5% in 2013 even when expressed as a percentage of population - not exactly disingenuous
More disingenuous to use an avg of the top 1% given that it’s a smaller percentage of the pop. that pose the most serious problem
https://arc-anglerfish-washpost-prod-washpost.s3.amazonaws.com/public/JA2PZ6DJBFC57D5HWYGFCIA57Q.png
Yep ?
Do that for low income households now vs. then. Pretty easy to deduce how that works out if both sets of data are true - the poor get f*cked
That’s fine, but that account even takes issue with the statement “they *knew* trickle down economics was BS” - they may know now, not then
Okay but if that’s true then why did he win boomers by an absolute landslide in both of his elections?
Feel free to elaborate how?
But, realistically, we need to do both. Income tax needs to be more progressive than now, maybe even lower taxes on low income as well (2/2)
I agree that without increases in corp & capital gains tax (as well as forcing gains to be realized) that it’s insufficient. (1/2)
Tbf that number has actually come down a little to *only* 1.2 million or so ? but yeah still absurdly high
It was also capitalism pre-Reagan, so not even necessarily knocking capitalism as much as bs laissez-faire right wing trickle down economics
Feel free to Google search “economic inequality since COVID” too see how that’s going - the trends shown here have only gotten worse
~0.1% imprisoned in 1978, 0.5% in 2013 even when expressed as a percentage of population - not exactly disingenuous