Quote (Landmine @ Nov 13 2021 04:03pm)
I don’t honestly know the best way to go about it. The tax system needs re worked. I honestly believe people that make under an annual rate dependent on size of family household shouldn’t have to pay fed or state tax. It’s a question of how many times can the same dollar be taxed. As for investment and even the crypto stage has been a way to help some people come out of poverty. Taxation vs investments is questionable, from market manipulation to people like musk holding their value in stocks and not actual income.
The systems rigged by the rich. That’s the privilege in this country. The same families for decades holding political power. (Not a conspiracy theorist)
Privilege has multiple levels. It can be race based (White gets hired more than black with the same resume), it can be education based (If your parents have a college education you're far more likely to go to college), and it can be economic based (If your parents are rich you get better schools, better connections, etc. etc.).
So when people say "It's not a race issue, it's an economic issue", they're wrong, becasue it's both, and race is intimiately tied to economics through segregation, red-lining, school zoning, etc. etc.
However, the number one privilege is definitely money. If your parents are worth a billion dollars when you're born, it doesn't really matter what your race is, you will be far better off than anybody else who's parents are worth 10,000 when you're born.
In this country, the United States, we've incentivized investing over working. If you have money you can live comfortably off the returns because of this. As a result, normal people who work for a wage have to work more, and if they haven't had the opportunity to save and invest, they don't get the reward. Rewarding investing over wages results in a harder life for the average person, because once you fall into poverty it's far harder to get out. That's why things are worse now, we've given loopholes and preferential treatment to investors over workers.