Quote:
Originally Posted by Pete F.
Jim,
The data presented by NTU shows the increase in wealth inequality since the Reagan administration.
Carried to the logical conclusion of your theory that wealth inequality has to increase, we all end up as serfs, living in homes owned by
the wealthiest and with no opportunity to escape.
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the point of the data i posted, is that the top 1% pay a share of income tax that’s twice as large as their proportion of income. Which means, our tax system is very progressive
Wealthy people getting wealthier, does not make anyone else a surf. Wealth is not finite. If Jeff Bezos earns another million this afternoon, that doesn’t mean there’s a million less for
me and you to scrounge for. it has zero impact on me and you, other than it probably decreases our tax burden.
here, you’re saying wealth is bad. but in other posts, you brag that the wealthiest people are mostly democrats.
So which is it?
One persons wealth, doesn’t cause another persons poverty. It’s not a zero sum game.
Every single one of us, knows people who started out poor and got rich.