Now that Dems have both Houses & the White House, they should repeal the 2017 $2T tax cut that gave $.83 of every dollar to the richest corporations and individuals (put back in the middle class cuts). No fundamental course-correction will occur unless we address unfair taxation.
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Let’s let the economy re-calibrate first? No?
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Why? I don’t see the logic there. How will the economy ever really recalibrate as long as 1% control so much of the wealth?
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Sure. The government can pull money from folks, but it goes towards debt repayment directly— which is fine and dandy, but it doesn’t directly solve the issue. It will also signal uncertainty in markets. Timing is important and we are fragile is the logic.
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Replying to @Pablos_Poblanos
“Uncertainty in the markets?” Isn’t it time to evolve our thinking on that one? The markets often respond very positively to situations that represent the greatest destruction to the hopes and opportunities of the average American. Like now!

Jan 15, 2021 · 5:06 AM UTC

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Replying to @marwilliamson
Thanks for the interaction, I can see you’re at a different level of debate than myself. Touché, you win this round soundly.
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