▲ 73 ▼ Capitalism is Still the Problem (www.counterpunch.org) submitted 3 years ago by TokenBoomer@lemmy.world to c/politics@lemmy.world 44 comments fedilink hide all child comments Counterpunch.org
[–] TokenBoomer@lemmy.world [S] 3 points 3 years ago (1 child) So, like the New Deal with progressive tax rates to 90%? permalink fedilink source parent hideshow 2 child comments replies: [–] flossdaily@lemmy.world 1 point 3 years ago (1 child) Yes. Higher, even as you get close to 50m. Current wealth distribution in the US is INSANELY skewed.. Corrections will have to be extremely drastic. permalink fedilink source parent hideshow 2 child comments replies: [–] TokenBoomer@lemmy.world [S] 1 point 3 years ago You don’t want to do this? In 2018, U.S. households held over $113 trillion in assets. For context, that is over five times as much as all the goods and services produced in the U.S. economy in a single year. If that amount were divided evenly across the U.S. population of 329 million, it would result in over $343,000 for each person. For a family of three, that’s over a million dollars in assets. permalink fedilink source parent
[–] flossdaily@lemmy.world 1 point 3 years ago (1 child) Yes. Higher, even as you get close to 50m. Current wealth distribution in the US is INSANELY skewed.. Corrections will have to be extremely drastic. permalink fedilink source parent hideshow 2 child comments replies: [–] TokenBoomer@lemmy.world [S] 1 point 3 years ago You don’t want to do this? In 2018, U.S. households held over $113 trillion in assets. For context, that is over five times as much as all the goods and services produced in the U.S. economy in a single year. If that amount were divided evenly across the U.S. population of 329 million, it would result in over $343,000 for each person. For a family of three, that’s over a million dollars in assets. permalink fedilink source parent
[–] TokenBoomer@lemmy.world [S] 1 point 3 years ago You don’t want to do this? In 2018, U.S. households held over $113 trillion in assets. For context, that is over five times as much as all the goods and services produced in the U.S. economy in a single year. If that amount were divided evenly across the U.S. population of 329 million, it would result in over $343,000 for each person. For a family of three, that’s over a million dollars in assets. permalink fedilink source parent