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byrsilvergun ( 571051 ) writes:
Meaning the companies are making more money with less people.
Some of that is automation and ai. Some of that is forcing workers into 996 and some of that is price gouging because we don't enforce and he trust why anymore.
None of this is sustainable. Our consumer-driven capitalist economy is breaking down.
Question for everybody, we're not going to do socialism we all know that because nobody is going to accept giving people money for nothing. You could try Ubi but we all know that's useless in th
bygkelley ( 9990154 ) writes:
Why isn't anyone talking about taxing the rich? Massachusetts passed a surtax (4%) on certain income over $1M in addition to the regular 5% tax in 2013. As far as I know, no millionaires left. From the 1940's to the 1980's the highest rate was around 90% decreasing to around 70% (then Reagan and Grover Norquist killed the idea of higher taxes on the ruling class and estate taxes that only affected estates over about $5M). This revenue provided for things like the Interstate Highway (1950's), helped build a strong middle class, unions created a strong income base for high school grads. We could also raise the FICA cap to fund SS forever. Claw back some of the billions, remember that of all the people in the US, billionaires make up approximately 0.00034%. From googlo - roughly 800 billionaires controlling 3.8% of the nation's wealth, which is more than the bottom half of the population combined.
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