That’s because they have the vast amount of wealth.
the bottom 50% have only 2.4% of the wealth. So your argument is the top 50 % who have 97.6% of the wealth, pay only half of the tax burden. That’s sounds like a math illiterate.
We cannot raise taxes for the poor + working class in this country. It will be a crime against humanity.
There’s tons of homeless, white and Black people in this country. ..now we’re talking about real issues here. These are traditional democrat issues to tackle.
Not the BLM propaganda…. Critical race theory there’s no room for that in this country.
But yeah, during the coronavirus lockdowns which were totally unnecessary we saw the printing of trillions of dollars which hurt working class people….. we had a wealth transfer of billions of dollars from the poor and working class to the wealthy elite. Because the poor and working class still had to buy things and even tho inflation cause prices to go higher, they would still buy things as they needed like food and clothing , and all the rich people made even more money out of it. Not to mention people buying homes with the Raises of interest rates.
People who are super rich don’t get affected by inflation with money being worth 30% less today compared to before the lockdowns. You know if somebody has $20 million and their money is worth 30% less it’s not truly going to affect them like it is for somebody who has $200 in their bank account or even somebody with $20,000.
And finally we used to have a great thing in this country, the strongest middle class in world history in the middle part of the 20th century and interestingly enough back then we had plenty of super wealthy people like Carnegie, Rockefeller, JP Morgan, Henry Ford but many of those wealthy elite cared about making the whole country a better place it wasn’t just about them. And they were some of the richest people in world history.
It boggles my mind how it is possible in this country today that some Republicans who are working class or poor, think it’s ok to do things like get rid of unions, get rid of Social Security, raise taxes for poor and working class people.