The rich have too much because of the Fed. It’s turned millionaires into billionaires. Not because of taxes as billionaires don’t pay income taxes because they have no income. Just assets.
But the Fed is the only thing that allows the government to run massive deficits that support our social programs. Otherwise, they would already be bankrupt.
Wealth inequality is at its worst point in American history. Privatized businesses are government funded businesses. The wealthy get the best deals when it comes to tax breaks. Houses are not priced at what the buyer will pay it’s priced at what the bank will pay. The stock market is just the rich playing lottery.
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Americans’ voting patterns beg to differ
The rich have too much because of the Fed. It’s turned millionaires into billionaires. Not because of taxes as billionaires don’t pay income taxes because they have no income. Just assets.
But the Fed is the only thing that allows the government to run massive deficits that support our social programs. Otherwise, they would already be bankrupt.
Wealth inequality is at its worst point in American history. Privatized businesses are government funded businesses. The wealthy get the best deals when it comes to tax breaks. Houses are not priced at what the buyer will pay it’s priced at what the bank will pay. The stock market is just the rich playing lottery.
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