We need to change how stocks work. Separate investing in a company and buying control. That way we can tax unrealized capital gains. Put a 100M$ cap on personal wealth. Since the argument against it is always that people will lose control of companies if they're forced to sell stock. Either that or ban stock as a medium of anything other than investing in the company. No using it as collateral, no trading it, just straight back to the company for what it's worth.
I hate how politicians always use these things to get their rich loving person in the office. Like they didn't get richer during Biden administration. Who really thinks that rich getting richer is a Trump or Republican problem is completely unaware of the political situation in the entire World right now.
I wish Democrat politicians would stop using this platform to manipulate us into voting for some genocide rich idiot instead of thinking of real solutions. Democrat party will NEVER help us solve this problem in any slightly meaningful way.
I see what they do when they are given a chance. They do the same tax cuts for the rich and fund genocides. It isn't just republicans that got us into this mess, they are working together for the same rich donators. Thinking they can be your allies is most dangerous thing you can do in politics.
"The same tax cuts." I don't like giving a break to low millions earners either but linking to an article describing how the bill raised taxes on high millions earners doesn't actually support your both sidesing.
See that part you missed about significant majority.
The bill now faces an uphill battle in the Senate, where moderate Democratic Sen. Joe Manchin has expressed major concerns over a variety of elements of the plan.
Oh yeah, this is just a GOP problem. Like people don't get richer during Biden administration.
Please stop using every problem in this system to get your rich genocide candidate elected instead of looking for actual problems.
Stop manipulating people into flip flopping voting for the other party every time this system hurts us more and more, if we don't get rid of both of them at the same time we only made one monster bigger.
For what, to make more number go up? Or would you murder someone if you could get away with murder? Or maybe they didn't get that rich in legal ways, in the first place?
There's a concept called the hedonic readmill. Essentially "nothing is ever enough."
You chase power/money for greater happiness, but our natural tendency is to then feel neutral once we achieve it and so you want to chase greater happiness and so on and so on...
Congress is more in charge of taxes and budgets, not the president. However, it would seem Democrats in general want to use this for the upcoming elections (along with nearly everything they promised last election).
I would personally love more information on this topic. I view elections for Congress to be much more important than presidential elections.
Looking around I found this website via her Wikipedia entry. It's a website that measures how close a member of Congress votes with Biden (but only from 2020 to 2022) and Sinema and Manchin seem to vote with Biden on nearly everything he wanted. My personal opinion is those two senators along with Biden act as the "centrists" (right of center) that we expect them to be.
That's why I added "against things that mattered." They mostly voted along party lines on the small stuff, but for the major things that would have been impactful then one or the other would swap their vote or hold back their vote until the bill was watered down enough. It felt almost like it was planned which one would be the block so that neither was the block too often. And eventually the bill would get watered down enough that it wasn't as impactful and then they could vote yes.
Till we close the loop holes for these billionaire foundations buying elections (i.e. the Koch network) - billionaires will continue to tip the scales their way. Courts also need to be 10 year appointments, not life time.
