Rs want to reopen before the rich become obvious targets for mega increased taxes
When asked why he robbed banks, John Dillinger replied “that’s where the money is.”
With 30-million-and-climbing Americans out of work, with the economy tanking, with the virus yet to hit its stride and with the country in a general malaise, it it becoming abundantly clear that we are many months away from normal. Tax revenues are down, payrolls are evaporating, people are losing their health insurance - the average Joe is in no position to help in any bail out of state, local and Fed budgets. That will not be changing anytime soon.
So, where can government turn to mitigate the effects of spending trillions of dollars it doesn’t have? That’s obvious - to the super wealthy, whose combined total worth is about $50-trillion. Guess what? The money is there, and the majority of that money is where it is due to government policies that intentionally directed it there.
Time to rob the wealth bank. Time to call in the chit that has allowed the few to amass wealth beyond the dreams of avarice, if for no other reason than all other options are exhausted.
This is what the rich fear more than anything - a luxury tax that seizes maybe 50% of their assets for the good of the country. Socialism that still allows them to be disgustingly wealthy but that shows our capitalist system for what it really is.
= new reply since forum marked as read
. . .and many of us have Louisville Sluggers itching for a turn at bat.
#newrostrong
