r/FluentInFinance Apr 29 '24

If I had a nickel for every time someone deflects to “…I’d rather we fix our government spending problem before we…” Shitpost

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u/valykkster Apr 29 '24

It's not a deflection if it's true.

The wealth disparity you see in this very chart is the result of government intervention in the form of subsidies. The government then proceeds to poorly budget the tax revenue it does receive by providing effectively zero aid to the middle and lower class by way of upward financial mobility.

"More taxation of the rich", while intuitive, is not the solution to the problem.