• Mongostein@lemmy.ca
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    1 year ago

    Taxing rich people to pay for good paying jobs in healthcare, education, and utility/infrastructure maintenance would help everyone.

    Economies need to be a cycle. If the rich just hoard and don’t spend then we can’t spend either.

    So if they won’t pay a liveable wage, tax them heavily and start paying liveable wages with the money.

    • HubertManne@kbin.social
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      1 year ago

      Definately. One problem with money is it has no inherent value. It only has value when it is utilized. So hoarding essentially removes money from the economy. Its like potential and kinetic energy.