Home > Uncategorized > Increase in billionaire wealth 1987 to 2022

Increase in billionaire wealth 1987 to 2022

  1. January 27, 2023 at 8:47 pm

    In “On Vancouver’s Housing Crisis,” Michael Hudson said “junk economics” occurs when all the money flows to banks & real estate while the people are priced out. Through a land tax and a strengthened capital gains tax, the people could be reimbursed by a citizens’ dividend.

    • rsm
      January 28, 2023 at 6:43 am

      How long before a populist tax hater like Reagan, Bush, Trump gets elected and repeals the taxes because voters know taxes are about control not funding? If basic income is to last (and be more robust than Social Security in the US), must it be non-tax funded?

  2. Kenocc
    January 28, 2023 at 9:36 am

    Answers the question of what purpose millionaires believe making economies should serve. To make them all billionaires. And to make the rest of us ashamed that we’re such a drag on these economic geniuses. Satire folks. Pure satire!

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