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0 pointsqaq4mo ago0 comments

I am saying people imaging that significant portion of paper wealth could be converted into tangible things for regular people like housing, infra etc.

0 comments

conception4mo ago

This is actually pretty easy to get data on, e.g. https://www.americanprogress.org/article/tax-cuts-are-primar...

There are many studies on the various tax cuts for the ultra wealthy and how that has (purposefully) starved the government and limited its ability to provide tangible things for its citizens.

And that’s ignoring all the various tax avoidance schemes.

j / k navigate · click thread line to collapse

0 pointsqaq4mo ago0 comments

I am saying people imaging that significant portion of paper wealth could be converted into tangible things for regular people like housing, infra etc.

0 comments

conception4mo ago

This is actually pretty easy to get data on, e.g. https://www.americanprogress.org/article/tax-cuts-are-primar...

There are many studies on the various tax cuts for the ultra wealthy and how that has (purposefully) starved the government and limited its ability to provide tangible things for its citizens.

And that’s ignoring all the various tax avoidance schemes.

j / k navigate · click thread line to collapse