The top 1% own about 90% of everything. This is why Biden and the dems always say they are going after the people making over $400,000/yr. That never works. As Sinema proved recently, the wealthy ALWAYS buy their "tax loopholes" from the pols they own. When Trump was in, the GOP cut taxes for the wealthy, trotting out the old GOP dogma that "GDP growth would hit 5%". It NEVER works.
Lately the uber-wealthy hi-tech oligarchs, like Zuckerberg, are spending their money on politics, buying elections. So the "wealth divide" isn't only between Rs & Ds. There are also "value divides", such as between "traditional values" and "woke values", or lack thereof, like for abortion. Its not only about money. There are many issues that divide us. Race, wealth, religion, political philosophy, region, education, etc. When the middle gets too pushy, like when unions make outrageous demands, the wealthy move factories overseas. In CA today, burger flippers are demanding $25/hr, so they are pricing themselves to the unemployment line.
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