Yes it is more complicated. My comment was a wall of text as it is. I wasn’t about to write a dissertation on all the complexities of it.
Of course politics plays a role. If we could get billionaires out of congressional pockets then maybe we could change some things around to serve the people more fairly.
But as it stands, they’re already changing tax law to redistribute the money upwards. It’s what we keep hearing about wealth transfer and concentration.
I don’t see why we can’t fix the tax code (i.e., tax billionaires and corporations; fund social programs that help everybody) and put an end to financial manipulation by banning these circular lending schemes and basing our currency on some type of hard assets. I mean it would require enough elected politicians who are willing to make those reforms, but still…
Yes it is more complicated. My comment was a wall of text as it is. I wasn’t about to write a dissertation on all the complexities of it.
Of course politics plays a role. If we could get billionaires out of congressional pockets then maybe we could change some things around to serve the people more fairly.
But as it stands, they’re already changing tax law to redistribute the money upwards. It’s what we keep hearing about wealth transfer and concentration.
I don’t see why we can’t fix the tax code (i.e., tax billionaires and corporations; fund social programs that help everybody) and put an end to financial manipulation by banning these circular lending schemes and basing our currency on some type of hard assets. I mean it would require enough elected politicians who are willing to make those reforms, but still…