No, you idiot. They don't earn wages. The wealthiest earn dividends and use attorneys to shelter their income. So your argument about taxing the wealthy is disingenuous.
The answer to your question is by getting government out of the way.
Thank you for responding. I kept the top part because I just keep getting hung up on this part. So how do we force this wealth to trickle down? Or is that just a symptom of capitalism and there’s always going to be a few with this wealth and I have to accept it?
I don’t want a society like Saudi Arabia that creates dependency, but I do safeguards to ensure more adults are successful.
In your opinion, do you think the "wealth gap" should grow or shrink? Name three reasons why.
Do you believe that people should work 2 and 3 jobs to ensure that low income families survive? Why?
wealth gap should absolutely shrink. I’ll link federal reserve, but the top 1 percent in this country own 93% of the market. The bottom 50% own 1 percent.
Three reasons this should change:
American dream is dead for people 40 and under in many parts of the US. Look at Simpson’s. In 1989, Homer was able to support his family of 5 on his salary. Nowadays, it requires both parents to work. Houses are smaller are more cheaply built, and it is harder to support more than a child or two.
Glut of wealth has allowed companies to purchase many things to bottleneck supplies and exponentially raise prices. There’s one company in Toronto that owns 75k starter homes in the US. Most are used as rent or VRBO. I was lucky enough to buy my first home in 2017 for 120k. 26 year olds now have to spend nearly double that for a house.
Finally, wealth buys power. The more wealth you have, the more influence you have. With the bottom 50% scrounging to survive, we’re seeing more policies that are designed to give these people more power and influence while the bottom continues to struggle.
No, I don’t think people should have to work 2-3 jobs to support the poorest, I don’t want the system Saudi Arabia has. I also don’t want a system where a person can own 10 homes that lay vacant long chunks of the year while people are forced to move back home to make ends meet.