You Have No Idea How Bad Inequality Has Gotten

Below is a video that really gets to the heart of how unequal society has gotten.  Think about this the next time you complain about Obama wanting to raise taxes on the top 1%.  These people aren’t going to suddenly stop creating jobs because their taxes go up a percentage point or two.  They are amassing wealth because they enjoy the power, not because they enjoy the wealth.  And even if they do like the wealth, do you honestly think that they’re just going to stop accumulating it just because their taxes go up?

One minor quibble about the video.  They get socialism wrong.  Socialism’s goal is not, nor has it ever been, perfect redistribution of wealth.  Although, I guess they do use the definition that everybody seems to think socialism means.

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