- Apr 14, 2001
- 57,344
- 19,495
- 146
I have seen this video shared on many MAGA supporter social media pages. It is fucking amazing to me that they don't realize what they're actually fucking looking at.
Sooooo fucking close to getting it.
I tell them this: This is end stage capitalism. What you are seeing there is the parked/invested/hoarded wealth of the multi-billionaire class. Reaganomics and the end of the tax code that prevented the hording of wealth and removed the economic encouragement of the wealthy to spend and pay higher wages created EXACTLY this. You're looking at the end stages of a game of Monopoly. A game created to warn us of what happens when you allow wealth to be hoarded rather than reinvested and spent.
The irony of MAGA is that the very period they think America was great was the era we had a 92% top tax bracket with massive deductions for spending. That prevented billionaires by telling mega earners they had to spend their money, or it would be taxed at 92%.
Now we have two choices. guillotines or a return to the 92% top tax bracket and the very economic policies that made America great in the 50s and 60s.
Let me know if there is a better way to explain it.
Sooooo fucking close to getting it.
I tell them this: This is end stage capitalism. What you are seeing there is the parked/invested/hoarded wealth of the multi-billionaire class. Reaganomics and the end of the tax code that prevented the hording of wealth and removed the economic encouragement of the wealthy to spend and pay higher wages created EXACTLY this. You're looking at the end stages of a game of Monopoly. A game created to warn us of what happens when you allow wealth to be hoarded rather than reinvested and spent.
The irony of MAGA is that the very period they think America was great was the era we had a 92% top tax bracket with massive deductions for spending. That prevented billionaires by telling mega earners they had to spend their money, or it would be taxed at 92%.
Now we have two choices. guillotines or a return to the 92% top tax bracket and the very economic policies that made America great in the 50s and 60s.
Let me know if there is a better way to explain it.