- cross-posted to:
- business@lemmy.world
- news@lemmy.world
- cross-posted to:
- business@lemmy.world
- news@lemmy.world
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I think that something is billionaires. Billionaires have to give. About 99.9% of it.
Roll back the Trump and Bush era tax cuts! Tax the wealthy! Eliminate loopholes in the tax code! Shrink the money supply from all the extra cash the Fed printed during the pandemic!
There are solutions, but no one wants to implement any of them because they are not politically viable. Doesn’t matter what side you are on, the corporate oligarchs won’t allow themselves to be taxed on their profits. That’s why the middle class is basically nonexistent these days and everyone is poorer.