Memes

i largely agree with the first 2 points and i like the sentiment here, but taxing the rich will not solve the debt problem

https://en.wikipedia.org/wiki/Wealth_inequality_in_the_United_States

the top 1% in its entirety had (in 2022) an estimated $43T, the deficit is $7T per year. even if we FULLY TAXED all (100%) of their wealth and took everything they had, leaving the entire top 1% fully broke, it would only cover our deficit for 6 years, and that's unrealistic, you can't do that twice, taxing people has to be sustainable year-over-year

i hate wealth inequality and would love for us to tax the rich harder, but it seems pretty clear that taxing them at *any rate* will not effectively raise a reliable $7T per year in a sustainable long-term way... we're in debt because our spending is egregious (especially defense sector)

Independent journalist, with coverage in Ukraine and Eastern Europe. Focus on the intersection of race and foreign affairs.