We should all be "poverty abolitionists." "We could fund powerful antipoverty programs through sensible tax reform and enforcement. A recent study estimates that collecting all paid federal income taxes from the top 1 percent - not raising their taxes, mind you, just putting an end to their tax evasion (note from MW: the first thing the new GOP House did was undo provisions that gave the IRS the capacity to do that) - would add $175 Billion a year to the public purse. That's enough to more than double federal investment in affordable housing or to re-establish the expanded child tax credit. In fact, an additional $175Billion a year is almost enough to lift everyone out of poverty altogether." nytimes.com/2023/03/16/opini…

Mar 22, 2023 · 2:03 PM UTC

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Replying to @marwilliamson
At this time in history poverty is a result of relying on other countries to produce our products. Talk about trade reform
Replying to @marwilliamson
You can't have radical change for the climate and end poverty. It's one or the other.
Replying to @marwilliamson
Then work for it. Duh
Replying to @marwilliamson
We continue to try and figure out how to extract wealth via income taxes without success. Let's attack the problem from a different angle that's proven to work in other parts of the world: Value Added Tax w/ exceptions on essential goods and heavier weight on luxury goods.
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Replying to @marwilliamson
Considering our politicians have sent over $70B to fight a war we have no business in while also considering @HUDgov says we can end homelessness for $19B, our values are not really aligned with the abolition of poverty at this point. Let’s change that with no more proxy wars
Replying to @marwilliamson
..another 🎯
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Replying to @marwilliamson
How are the trillions we have spent on poverty since the Great Society going? Have we eradicated poverty with the past 60 years of government programs? Why do you think more government programs will be effective?
GIF
Replying to @marwilliamson
Too bad your party won't let you. #uniparty
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Replying to @marwilliamson
Yes. There’s no financial reason to tolerate poverty. It’s a matter of political will, not $$ (which fed gvt & its agents create). Yes, we need. sensible tax reform. However, don’t go down the tax/spend neoliberal rathole. Fed tax $$ don’t pay for stuff. Talk to Stephanie Kelton.
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