TacoMac
Well-Known Member
Everybody talks about "make this country great again".I don't agree, they were people who super optimized to the system that was in place at the time.
As long as they play by the new rules and pay their share I see no need for punitive measures.
Well, you know what made us great? The rich. You know why? They paid the way for it.
During the Eisenhower years the mega-rich paid nearly 90% in taxes. It didn't really matter though because they still had more money than they knew what to do with. Over 55% of the governments money came from them alone. We had free college educations, nearly free medical care, great social services and plenty of job opportunities.
Now, we're struggling. We've had to go off the gold standard and quite literally make money up out of thin air. We have a widening gap in income equality which is leading to more and more frequent recessions (crashes) in the market. We've sold every job overseas to where all we are now are sales and customer support. We don't make anything at all anymore.
It's only going to get worse.
Why?
Because now the rich don't pay but about the same taxes as the middle class: around 15 to 18%. Less than 1% of the government's money now comes from those taxes.
Apparently, having more money than 10 generations, let alone yourself, could ever spend simply isn't enough.