1/ The reason extreme income inequality is so viscerally repulsive to me is because I’m old enough to remember the time - before 1980 - when it wasn’t this way. It all started with the Reagan tax cuts and Reaganomics in 1980.
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2/ Example: Walmart corporation made $16.4B in profits in 2011 yet pays its employees minimum wage. The family has $100B, more than bottom 40% of all Americans. Unjust economic policies made this possible, and no one no one no one should be okay with it. #TaxTheRich

Jan 3, 2021 · 8:24 PM UTC

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Replying to @marwilliamson
And the biggest argument made against this, is (often by poor conservatives who have been conditioned to defend the super-rich) "but it's all tied up in stocks value! What do you want them to do? Sell it??" This is a pure propaganda - as if they have no access to their billions!
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Replying to @marwilliamson
It’s unfortunately so obvious that no party in Congress wants any part in solving this problem. So, how do we fix it ourselves?
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Replying to @marwilliamson
Walmart is LITERALLY the largest employer in the WORLD.
Replying to @marwilliamson
Besides a progressive income tax, do we also target past earnings? Or equity? How would you set the criteria?
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Replying to @marwilliamson
We worked minimum wage jobs in high school. They were never intended to support a family.
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Replying to @marwilliamson @MoralReactions
Fantastic tweet. This is the number one issue facing Americans. It has been for two decades. Plutocracy is what the wealthy are trying to achieve.
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Replying to @marwilliamson
In the meantime, how about we all stop doing business with big corporations like Walmart?
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Replying to @marwilliamson
Trickledown broke the social contract. MW is correct, tax the rich - middle class decimated. Tulsi also correct, foreign policy - inseparable from domestic. Reagan bankrupted USSR which gave patriotic cover to rob the people’s treasury. #RestoreTheSocialContract
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Replying to @marwilliamson
Government intervention and lack of free markets made this possible.
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