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Doncarlo
VisualEconomik EN
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Comments by "Doncarlo" (@doujinflip) on "Something Has Changed in the U.S. Economy" video.
Having lived in Mainland China, I can see why so many want to escape to America. It may be lucrative for corporations, but it’s a horrible place to be a human, especially outside of Party connections. Ironically the effective tax burden is about the same in both countries too. It’s all about where those revenues are getting spent.
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The rich pay the most because they took the most. But as a share of wealth they pay next to nothing compared to what the average citizen pays. That’s how badly stacked the distribution is.
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The most shielded income is corporate though. But politicians are scared to simplify those arcane deductions and pursue those funds that is best spent supporting us all.
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