On issues of taxes and revenues and income and the disparity

Posted on: October 14, 2017 at 09:02:13 CT

of the distribution of a society's wealth it is pretty that in today's system you can either pay folks a livable wages so that they can establish and maintain home, hearth and family OR you can expand welfare benefits. You can't have it both ways. There was a time that when productivity increased that all those engaged in the business were rewarded for those gains. Today, those gains are directed to a fraction of a fraction of the population. So as prices increase, those in the labor force make do with less. HAD rewards of productivity gains been provided more equitably, you also experience the great benefit of increased fluidity as the dollars are circulated through the economy. Lock it all in at the top and that strangles the circulation. Again, you can either pay folks or support them, but you need do one or the other.

If the system is warped to provide the fractional top tier with the lionshare of gains you cannot reasonably then provide tax cuts on top of that. Instead you need tax increases at the top to balance out the system. Or it simply dies.