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Bruno J. Navarro
@brunojnavarro.bsky.social
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5 mo
A staggering $50 trillion. That is how much the upward redistribution of income has cost American workers over the past several decades.
The Top 1% of Americans Have Taken $50 Trillion From the Bottom 90%—And That's Made the U.S. Less Secure
time.com
A report shows that a $50 trillion redistribution of income to benefit the richest has made America less healthy, resilient, and secure
60
Calo Gone Roaming
@rgracile.bsky.social
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5 mo
True - but we have to make clear _who_ is largely responsible. It wasn't driven by natural forces but because Republicans, starting with Reagan in '81, legislated it, primarily with tax cuts.
4
ShannyDee
@shannydee.bsky.social
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5 mo
Not just cuts, systemic restructuring of the tax code to give advantage to the wealthy
1
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25
OhPhuket
@ohphuket.bsky.social
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5 mo
Well, the wealthy did write the tax code after all.
6