Posted by bad_luck on 6/27/2014 12:29:00 PM (view original):
Posted by tecwrg on 6/27/2014 12:15:00 PM (view original):
Because "we need to stop the accumulation of wealth at the top"?
Why do we need to do that?
Because it's good for the economy.
Do you even understand that the wealthy are the ones who CREATE jobs? Buying gourmet meals means more restaurant jobs, more food prep jobs (that foie gras doesn't grow itself), more farm jobs, more tax revenue, etc. Buying big-*** houses means more domestic jobs (housekeeping, gardening, maintenance, etc.), more real estate jobs, more banking jobs, more finance jobs, more furniture jobs (gotta fill the house), and so on.
If I make less money, the first people who lose income are my housecleaners and my gardeners. Then come the restaurant workers because we won't eat out as often. If my income goes down, MY DISCRETIONARY expenses go down, and other people lose money.