A critique of both the conservative and liberal perspectives on taxing the rich.
Link: https://youtu.be/SJaoDBJC8M0
PragerU and The Daily Wire misrepresent the facts to exaggerate how much tax the rich pay. However, a large portion of tax revenue is indeed paid by the rich. The argument that liberal progressives make to justify this is: Those who can afford more should pay more. But this accepts the belief that the rich subsidize and support the rest of us.
The opposite is true, at least when it comes to rich capitalists, i.e. the majority of the rich. It’s the working-class who support and subsidize the rich by producing their wealth.
[youtube]SJaoDBJC8M0[/youtube]
Comments