@whiteliondreams Paying someone a decent wage for a well done job is not giving away money or trickling down in my opinion. It is simple golden rule and fair play, and it does create a much better economy for the masses, including the wealthy. Think about it, the best times in America, prosperous times were during the time our middle class grew. We were proud as Americans to have a strong middle class. They were working, it was not free handouts. Part of the reason the middle class grew was because unions took hold and demanded better wages. I actually don’t like unions, because they becomean entity unto itself that has its own selfish reasons to continue, I prefer a situation without unions and good wages and reasonable conditions for workers.
If you give, and when I say give, I don’t mean give away, I mean pay people better, an extra $10k to 100 people who earn $40k year now; or give an equal amount of the total, so $1million to one guy at the top, which will give you more spending in your local economy? The $40k guy will spend almost every cent of his new income, and the millionaire might spend nothing, because he already has sufficient funds to buy whatever he wants. For some reason people I should say some republicans, want to believe giving more money to wealthy people helps the economy, but I don’t see how that makes any sense, nor any time in the past where that is demonstrated, and even currently in coutries that practice out of control capitalism that does not protects workers at all, and there is an elite few with lots of weath and power, basically that is the third world.
Hell, Mexico, our neighbor, with people running across our border, is a democracy and is a capitalistic country. People throw around those words like they identify America, but it identifies many countries, even countries we would not want to be compared to. Our system is much more complex than just simply throwing around a basic concept, and one of the biggest thing I think we had in the past was integrity and fair play, and that is being lost to extreme greed and a false interpretation of what works and what doesn’t. I think capitalism is a great thing when done with integrity, I think it made America great, but there is a limit, and like anything, when taken to an extreme it isn’t good.
I am not talking about taking money away from the wealthy, although in the end they would be making less, it’s true, but if they never had been allowed to make these huge salaries it would not feel like it was being taken away. And, when I say allowed I don’t mean the government interfering somehow, I mean if they had always been paying better wages to employees they never would have been giving these super huge salaries to executives.
As far as taxation, I would go as far to say the EIC, food stamps, and other programs that help support our working poor are actually like a subsidy to corporations. They get to pay shitty wages and the government feeds the people. If you are middle class, I have no idea your income, then supporting low wages means the company in your town can make huge profits, pay executives huge salaries, and your taxes help pay to feed the mouths of the laborers and their children. If you like that system have at it. I don’t.