President Reagan announced a solution on August 11, 1984: ""My fellow Americans, I’m pleased to tell you today that I’ve signed legislation that will eliminate poverty forever. We begin bombing poor people in five minutes."
Raising taxes on the rich won’t solve that problem on its own. How will that money be spent is the larger issue. Universal basic income seems like the way to go. Make a commitment on a policy directive and then move forward on the rest. Otherwise it will just be a large pot of money that will be redirected to pet projects and outright corruption.
never understood that argument about how taxing the rich won’t help. They’ve been given break after break, how much are they actually taxed now? It has to be a very very small percentage, if they’re taxed at all. And why are we always told that “it will take a sacrifice from all Americans” when they make no sacrifice at all?
salakfarm Premium Member 9 months ago
Lucky Ducky wasn’t so lucky this time.
Jesy Bertz Premium Member 9 months ago
The “Invisible Hand of Free Markets” is jerking-off again.
Pickled Pete 9 months ago
Somewhere I ‘ve heard the phrase fair share bandied about…
Stopthespendingnow 9 months ago
You do realize that the vast majority of US Davos participants are liberal, leftist democrats, don’t you?
gigagrouch 9 months ago
Tax them now, or eat them later.
Wit Memo Premium Member 9 months ago
Poor people just need to be richer in luck, that’s all. Problem solved.
Wit Memo Premium Member 9 months ago
President Reagan announced a solution on August 11, 1984: ""My fellow Americans, I’m pleased to tell you today that I’ve signed legislation that will eliminate poverty forever. We begin bombing poor people in five minutes."
Decepticomic 9 months ago
Ah-hahaha. I got a solution to poverty, and it involves some rope, a couple of stakes, and LOTS of fire.
Ignatz Premium Member 9 months ago
I thought this was supposed to be satire, not reality.
RadioDial Premium Member 9 months ago
Easiest solution to Medicare funding crisis, have everyone be taxed on all their income (just like the janitor and school teacher).
GaryCooper 9 months ago
The Invisible Hand of the Marketplace looks really good to the people who’ve cornered the market.
Raging Moderate 9 months ago
Raising taxes on the rich won’t solve that problem on its own. How will that money be spent is the larger issue. Universal basic income seems like the way to go. Make a commitment on a policy directive and then move forward on the rest. Otherwise it will just be a large pot of money that will be redirected to pet projects and outright corruption.
del_grande Premium Member 9 months ago
Gotcha…raise taxes on the rich by 1% to give them the excuse to raise all prices on things that non-rich people buy by 3% and reap the extra profits.
jpozenel 9 months ago
Putting together a feasibility study always seems like a good idea.
eddi-TBH 9 months ago
Tax CEOs 50X what their employees are taxed. Balancing the fact they “earn” 50X the average employee’s salary.
carlosrivers 9 months ago
never understood that argument about how taxing the rich won’t help. They’ve been given break after break, how much are they actually taxed now? It has to be a very very small percentage, if they’re taxed at all. And why are we always told that “it will take a sacrifice from all Americans” when they make no sacrifice at all?
AtomicForce91 Premium Member 9 months ago
Aww, that’s cute. Mr. Bolling actually thinks that the people in Davos care about the poor.
cracker65 9 months ago
Give your employees a pizza party.
markkahler52 9 months ago
Why is it that nothing ever truly changes? Only form; not substance…