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It's like trying to pour water into a bucket with a hole in it, except the water is property you take from citizens and the hole is the extreme glaring government inefficiencies in spending

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Elizabeth Warren

@SenWarren

Mar 1, 2021

Billionaire wealth is 40% higher now than when the COVID crisis began – but our tax system is still tilted toward the ultra-rich. Today @RepJayapal, @CongBoyle and I are introducing our #WealthTax bill to make the wealthiest Americans pay their fair share. nytimes.com/2021/03/01/bus

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7:30 AM · Mar 2, 2021

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We need term limits so bad

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How do you fix these inefficiencies? Every cut is jobs lost and of course ppl will fight to keep them

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And yet, when things are outsourced to private companies, they inexplicably become more expensive. (well, the explanation is simple: government spending is already pretty lean to begin with, but private companies MUST MAKE A PROFIT which the government doesn't )

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Hmm. Let's accept for a moment the (dubious) argument that government spending is inherently inefficient and that that only private citizens are capable of spending wisely. Why not a universal basic income? No spending decisions at all - perfect for the small government fans, no?

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It's the idea that that taxing the rich will make the poor the medium class. But actually its taxing the rich and making the medium class richer, the richer class lower and the poorest stay at the same, except with less innovation at the top.

Pirkka-Joose Sempé 28 5'3''

@pjsempe

Mar 2, 2021

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@Aella_Girl

People in the comment explaining that the US gov is underfunded

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Spending or legislation?

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Many seem to miss this point. Gates does more good with his private wealth than he would do by donating it to the government. Unclear what that breakdown would be for others in the billionaire class, but I think it would at least be closer than most think.

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Or it’s like try to fill the bucket while those who have most of the water are continuously drilling holes in the bucket while accusing the bucket of not working well.