I noticed a couple of dimwit billionaires had some conference meeting today, and they hyped up that something out of the Presidential race (on top of reparations, relief for student debt, save-the-planet-carbon taxes, etc)....should be done to hand more money out because of wealth inequality.
There are three essential things that bother me when this discussion comes up: (1) the government is always seen as the 'middle-man' to get the wealth and redistribute the wealth, (2) there are tremendous odds that when you hand twenty-odd billion dollars out.....that it'll be immediately spent to drive folks with serious wealth inequality further into debt and cause increased inequality, and (3) the likely tool to take wealth is a tax.....which virtually every company and billion (and special interest group) has zero interest in a simple 10-percent minimum tax situation.
If you add up everything that the Democratic contenders have chatted about in the past couple of months....it goes up into the two or three trillion dollar range. The increased taxation? Once you bring this up with most middle-class Americans, they freak out.
It bothers me to some degree that you'd go to George....who mostly just lives with his girlfriend who earns a real paycheck for nursing forty hours a week), admitting that George hasn't worked a steady job in five years, and then via some wealth inequality situation.....you'd hand George a check for $1,200 each month. What'd George do to earn that $1,200? Nothing....except being an adult and suffering from wealth inequality. What will George spend the $1,200 on? Mostly booze, drugs, and video-gaming.....or perhaps hand some 2nd girlfriend $300 a month for special 'favors'.
I'd look at this game and basically quit working at age 35....just let the government hand me my wealth inequality check and hope this pyramid-scheme lasts for at least fifty years.
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