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Poverty isnt a tax issue its a probable with resources not being allocated correctly and corruption government spending. If it got to the point where billionaires are taxed a majority of their income the money still would not be allocated correctly.

mother_russia

This is actually a great way to describe this. It wouldn’t be bad for there to be trillionaires as long as there weren’t people starving or dying just because they don’t have enough money
34 upvotes, 11 comments. Sidechat image post by mother_russia in US Politics. "This is actually a great way to describe this. It wouldn’t be bad for there to be trillionaires as long as there weren’t people starving or dying just because they don’t have enough money"
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Anonymous 3w

Government transfers aren’t counted in official poverty statistics. We could perfectly redistribute everyone’s income every year and according to the statistics poverty wouldn’t change.

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