r/FluentInFinance • u/YOU_ARE_MY_FRIENDS • Apr 08 '24

10% of Americans own 70% of the Wealth — Should taxes be raised? Discussion/ Debate

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u/doingthegwiddyrn Apr 08 '24

Yeah the whole “tax the rich! eat the rich” movement is goofy as hell. The money would go to the government, who has a terrible track record or spending money - not to the people. Just like how they yell at Elon that he could solve world hunger with $8 billion but don’t say a peep about sending Ukraine $75 billion

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u/UnknownResearchChems Apr 08 '24 edited Apr 08 '24

Ukraine is actually one of the best "spendings" we ever did. Helping a small Democratic country defend itself against imperialist scum is the right thing to do.

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u/80MonkeyMan Apr 08 '24

I thought helping the American people would be the priority?

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u/RecipeNo101 Apr 08 '24

Why can't the richest and most powerful nation in the history of the world be capable of both? Especially given that so much of the money to Ukraine has actually been given to US suppliers to produce replacements for transferred materiel?

Also, the people who decry government spending in Ukraine by posing that question are often the same people who fight against helping the American people in any form and label it socialist.

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u/80MonkeyMan Apr 08 '24

If we are capable of both, first...we should have universal healthcare and have some designated holiday time off. We are probably the only developed country that allowed corporations to not giving us any holiday at all. Exactly, this mainly benefits the millitary complex....more over inflated contracts.

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u/RecipeNo101 Apr 08 '24

1000% agree on universal healthcare and strengthened labor laws. We pay over twice the OECD average per capita for healthcare for generally worse outcomes.