@tonyannett Inflation caused by government over spending is one of the largest contributors to growing the stock market. Even at 2% that’s 20% of an aggressive average growth in the S&P, so STOP over spending
@Fresc0D1gital@Skelly4Liberty If you’re a Marxist you should ask yourself why China’s economy exploded when it switched from communism to capitalism, and if you don’t believe me, go see it. Learn what economic zones were, like a city called Shenzhen. It’s the most capitalistic country I’ve ever been to.
This is a real loop hole in the system. I’m all for people getting as rich as possible, but this is how Billionaires pay the lower percentage of income tax than a teacher. Of course the donor class will never let this end, and honestly if we closed this loop hole they’d find another like the wealthy always have and always will.
@shawngorham The insurance companies make more profit when the cost of health care goes up because they get to charge higher premiums, it’s like the cost plus method for Defense contractors, they all win when prices go up.
If the federal government took 100% of Elon’s wealth, it would only fund the government for 52 days.
Then it’s gone, and there’s nothing left to take.
The problem isn’t trillionaires.
@Amy_Siskind I benefit from Starlink, I use it, and my parents have two Tesla’s,,, so what are you trying to say? His companies provide no value to the public but are somehow super valued according to the public markets?
@deanbphillips Yeah, but the way the government needs to pay down the debt is to spend less not take more, they already take more than they did 10 years ago,,, the government always wants to take take take