The problem isn’t the rich not paying taxes. The problem is that today’s governments are spending money that doesn’t even exist yet, and are counting on continued economic growth in order to pay it off, without realizing that spending without boundaries is what will kill economic growth. I was Black Women Are. Dope June Teenth Shirt knowing when to jump in. I lived in Seattle and got in just under the wire. After 1987, the price of housing in Seattle doubled every few years. My co-workers were buying homes in suburbs and getting interest only loans, or other worse financial products. I can find most groceries for the same cost pre-pandemic although sales are fewer and I have to play a longer game waiting for a sale price or switching brands, flavor, etc.
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I wonder if we will ever recover. To many people wanting the government to pay for this and that without realizing that we the people are the government’s bank account. The government has no money. Black Women Are Dope June Teenth Shirt dollar we ask them to make creating an endless spiral of debt. We can never pay back making the dollar purchasing power smaller and smaller ever day that goes by. The top 1% of income earners already pay 40% percent of all income taxes, and that figure jumps to 86.1% for the top 25%. In fact, the top 5% alone pay for more than half of all income taxes. The entire net worth of Elon Musk, Jeff Bezos and Bill Gates combined would pay off. 1.63% of the United States’ debt and even then, the government would burn through . All that money in only three and a half weeks.
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