Quote:
Originally Posted by Pete F.
Rant much?
You’re right. It takes thousands of people working for almost nothing to make someone a billion dollars. Capitalism will eat itself.
The share of American adults who live in middle-income households has decreased from 61% in 1971 to 51% in 2019. This downsizing has proceeded slowly but surely since 1971, with each decade thereafter typically ending with a smaller share of adults living in middle-income households than at the beginning of the decade.
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You still won't answer my question.
How is anyone better off, if the 100 wealthiest people were only half as successful?
Are you saying that if they were less successful, that their lost wealth would necessarily go to the less fortunate? It doesn't work that way, because they created their wealth, they didn't steal it.
Christ, what a stupid, devoid-of-any-logic, broken record.
I agree that it's not fair that there are billionaires and poor people. But one person's wealth has nothing to do with another person's poverty. They're not connected to each other.
Ands as Scott correctly said, even if you took every cent that the billionaires have, it's nothing compared to the federal budget.
If you dont have what you want in life, and you want to know why, the answer isn't on the cover of Forbes magazine, it's much more likely that the answer is staring at you in the mirror.
Your premise is stupid, it has no logic to it, and it's completely refuted by the math, which clearly shows that tweaking tax rates on the wealthy doesn't add up to much.