Comments by "" (@jmitterii2) on "AOC Schools Mainstream Viewers On Marginal Tax Rates" video.

  1. Biggest emphasis is that such the idiot wealth to so few of people is a complete danger to democracy. Also for the US specifically, we're among the 28 countries of the 201 that doesn't even have universal healthcare. But globally, having such a system is idiotic. I'm more of a co-op structure with funding from co-op banks from a Federal Reserve Co-Op lending at discounts, and these co-ops aren't trade-able, rather employment constitutes one voting right and only employs and all employs have voting rights on all aspects of the business. In such a system you would never get such out of wack inequality in compensation at all, additionally, they would never vote to outsource their work abroad, or borrow to buy stock, since they couldn't anyway being non-trade-able businesses, but to spend money on capital expenditures to improve the efficiency and quality of the work, and the stunning share of profits to total compensation including payroll matching, employer portion insurance premiums, etc. ranges from 5% to usually union work 20%, leaving 95% to 80% in complete profit that is paid as dividends to shareholders. Pay could easily be doubled to 10% to 40% and the business would still walk away with 90% to 60% of the profits... that's how absurd inequality.... and you wouldn't necessarily have top executives walking away with 300 times the average (not the lowest) the average worker... that's factoring in that 300 times figure. A transition from corporations to co-ops is a necessary transformation or we'll only keep repeating failed democratic republics that turn back toward a monarchy/emperor/dictator type system. We need to advance as we did from slavery then feudalism then mercantilism, and now industrialism employer employee relationship to a co-op style. Pensions wouldn't be de-funded so a few executives and major shareholders can have their 20th yacht and 100th mansion collection along with buying four or five private jets, while still having enough money to buy several more islands, and literally purchase government officials in 100 different countries. Current system is very much like reinventing royalty and nobility under feudalism with a splash of mercantilism as they buy up governments via bribes or even via themselves as they run for office because even an affluent person wouldn't be able to afford to do such a venture.
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