Help the billionaires

baltimorened

All-Conference
May 29, 2001
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Campaign contributions influencing politicians is not some overstated conspiracy. Our elected officials spend an enormous portion of their time fundraising, and they’re not dialing for dollars from working-class Americans. They’re spending hours every day talking to wealthy donors, corporate interests, and lobbying groups.

When you spend half your professional life surrounded by people with money and power, you inevitably begin to see the world through their lens and prioritize their concerns. That’s not rocket science. It’s human nature.

The result is a political system where the donor class gets access, influence, and attention, while ordinary people are left wondering why so little ever changes in their favor.
In your analysis though, don't lose track of the fact that the donor class also includes members of unions, small businesses, our IRAs, and multitude of NGO, non profits etc. The working classes are well represented in DC through all their organizations.
 
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Pharcyded

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Sep 7, 2021
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In your analysis though, don't lose track of the fact that the donor class also includes members of unions, small businesses, our IRAs, and multitude of NGO, non profits etc. The working classes are well represented in DC through all their organizations.
Absolutely, but you and I don't benefit as much in comparison as the billionaire class does.
 

baltimorened

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May 29, 2001
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Absolutely, but you and I don't benefit as much in comparison as the billionaire class does.
don't disagree, but I took your last sentence as intimating that only donor class was getting access, influence etc... and you're not 100% wrong, but donor class does include 'little Guy".Teacher's unions are some of the most powerful in the country
 
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AlexanderUrinis

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Feb 24, 2025
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Two things that amaze me:

1) U.S. governments continue to spend more than ever (38% of GDP) and the growth in spending outpaces inflation. Yet people think we should spend more and that it's a revenue problem.

2) The number of people who think we could balance the budget by simply increasing taxes on billionaires. The combined net worth of the 400 wealthiest Americans is $6 trillion. Confiscating half of their wealth would provide enough money to run the government for 5 months and then it would be gone. What then?

P.S. Taking half of their wealth would require liquidation of company ownership which would send the country into a deep recession.
Never said taxing billionaires would balance the budget. More tax revenue (assuming spending remains or drops) would certainly help.
And you need to prove that a billionaire paying taxes would send us into a deep recession. Give me a f'cking break.
 
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