There shouldn't be billionaires.
In a Jon Stewart interview, Matthew Desmond suggested if the wealthiest Americans paid their correct taxes, the revenue from them alone would be around $175 billion/year.
It'd take $177 billion/year to lift every poor American above the poverty line.
In a Jon Stewart interview, Matthew Desmond suggested if the wealthiest Americans paid their correct taxes, the revenue from them alone would be around $175 billion/year.
It'd take $177 billion/year to lift every poor American above the poverty line.
Comments
The government having "a spare" $200 billion a year would fund universal guaranteed healthcare for 13.3 million people.
This is what happens when you let corporations have charge of a basic human right.
How does it matter whether one has a million or a million plus one times more money than can be spend in a lifetime, even with the most obscene lavish lifestyle? Apparently greed is infinite.
Because this would be the guy you'd be arguing with ...
https://bsky.app/profile/evictionlab.bsky.social/post/3ljjogfjyu22m
~ Philip Alston, Special Rapporteur on Extreme Poverty and Human Rights (2014-2020)
https://www.opendemocracy.net/en/transformation/poverty-political-choice/
Spending a million dollars a day, it would take
Elon Musk 650 years to exhaust his wealth
Bezos 450 years
Zuckerberg 225 years
That is immoral and should be condemned and taxed. The billionaires know it too so they bought govt
The choice for poverty in America happened under their watch.
Corporations broke the social contract and they had a plan for it. And they slowly eroded our safeguards, bought their politicians, told their lies ...
We need a plan to restore that contract.
https://www.instagram.com/reel/DHMJUjJxnA3/?igsh=OWQ3bXljbmMzeXR6
When the bankers crash the system, they will claim a publicly funded bail out is necessary; otherwise people's retirements are fucked.
If we keep allowing profits to be privatized but losses socialized, there won't be change.
When it crashes again, don't bail them out.
We've had one party (R) deregulating corporations, cutting taxes & giving political access to the rich...the other party (D) "fixing" the wealth inequity through social services.
And now? Titanic meet iceburg.
The game is rigged and it's an illusion that we've had real choices.
The real reason Nancy gave Joe the shove was that in his old age, Biden was taking notes from Bernie, and the Dems corporate masters couldn't have that ...
Look at this story from blue Maryland. I wonder what lawmakers will do? 🤔
For one answer, regulation needs to come from the top so competition between states for companies can't be a thing.
Abolish Poverty
"The rich benefit from poverty"
"Poverty will be abolished if the top 1% PAID their taxes"
"Investing in Americans & stabilizing communities that need it is the best way for all of us"
~Matthew Desmond
#booksky Evicted & Poverty, by America
🌊 #ool #CofW #strongertogether #3e