• SCB@lemmy.world
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    11 months ago

    That’s, by definition, not removing wealth from the economy.

    What if I told you that you could support taxing wealthy people more and know how basic facts of the economy work.

    Personally I’m for dramatic progressive tax increases on the top 3 quintiles. That doesn’t change basic facts.

    • Viking_Hippie@lemmy.world
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      11 months ago

      That’s, by definition, not removing wealth from the economy.

      It is when there’s such a disconnect that there’s two economies: the one of most of society, in which money circulates and then most of it rises to the second one, the one of the top 10% where almost none of it finds its way down.

      It’s kinda like a 16 lane highway going one direction and an overgrown footpath with bear traps in the other direction.

      What if I told you that you could support taxing wealthy people more and know how basic facts of the economy work.

      With you on the first part, way ahead of you on the other.