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this post was submitted on 07 Dec 2024
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I'm still surprised that taxing the rich is such a difficult bill to pass. Assuming we live in a democracy, the 1% shouldn't be able to have such sway over the population.
Might have something to do with almost all relevant politicians being in the 1%. Maybe. Possibly.
Lots of people don't understand taxes and lots of others think they'll end up rich someday and then it will affect them.
The rich have special access to the legislative machinery that the rest of us don't. The end of real democracy in this country began with the Supreme Court's "corporations are people / money is speech" rulings. Ordinary people can't compete with the influence that billions of dollars of bribes brings.
Citizens United and Regulatory Capture.