Tyler Perry’s Wealth Is Not Trickling Down to Black Residents of Atlanta, "Almost all of Atlanta’s residents have subsidized Tyler Perry’s personal wealth."

return2ozma@lemmy.world to politics @lemmy.world – 217 points –
Tyler Perry’s Wealth Is Not Trickling Down to Black Residents of Atlanta
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That's, by definition, not removing wealth from the economy.

What if I told you that you could support taxing wealthy people more and know how basic facts of the economy work.

Personally I'm for dramatic progressive tax increases on the top 3 quintiles. That doesn't change basic facts.

That's, by definition, not removing wealth from the economy.

It is when there's such a disconnect that there's two economies: the one of most of society, in which money circulates and then most of it rises to the second one, the one of the top 10% where almost none of it finds its way down.

It's kinda like a 16 lane highway going one direction and an overgrown footpath with bear traps in the other direction.

What if I told you that you could support taxing wealthy people more and know how basic facts of the economy work.

With you on the first part, way ahead of you on the other.