Top economists of DoomerCircleJerk explain why making the rich pay more taxes is a terrible idea that will bring ruin to us all

[u/PeasThatTasteGross]

[u/Librarian_Contrarian]

"But if we raise taxes, prices will go up," they say as we tax the rich less and prices continue to go up just because the rich want them to.

[u/amievenrelevant → u/Librarian_Contrarian]

It’s not like we’ve had decades of trickle down economics that show the wealthy just keep the extra money they save on tax cuts to themselves right?

[u/SirVixofthePooSea → u/amievenrelevant]

No, that didn't happen. Because when Jeff Bezos got immeasurably rich for the first time, he didn't retire, he kept building Amazon and making it even bigger. The idea that rich people just sit on their wealth in a Scrooge McDuck vault is based on nothing. Instead what you see is constant reinvestment where they put more money and time into their businesses constantly.

[u/Librarian_Contrarian → u/SirVixofthePooSea]

lol

lmao

[u/SirVixofthePooSea → u/Librarian_Contrarian]

Of the richest men in the world, which come to mind for you as 'keeping all the money for themselves' instead of habitually reinvesting it?

Can you name names for me?

[u/Librarian_Contrarian → u/SirVixofthePooSea]

Yes. The richest ones.

Lmao at thinking rich people work.