Billionaires are Worse

One of the arguments for cutting taxes on the wealthy is that the government does harmful things with the money like giving it to social justice warriors, so its loss is a good thing. But funding gender studies departments has gotta be a very small percentage of the government’s total spending. Most goes to things like paying for roads, healthcare for old people, food for poor people, and wages for their many non-SJW employees. The large majority of the government’s spending will go to regular people, the cop, the construction worker, the schoolteacher, the retiree, and the food stamp recipient. But if you look a pie chart of the spending of the typical billionaire, it will look rather different. Much of it will go to investment, some for personal consumption, but a much greater proportion will go to organizations which directly fund the social justice warriors: universities, political campaigns, and, most notably, “non profit organizations,” often referred to as “charities.” I can’t prove it, but I think it would be a safe bet that a dollar in the hands of one of America’s billionaires is much more likely to fund a SJW than a dollar in the hands of the American government.

If Republicans actually represented the interests of their voters, they would make a deal to raise taxes on the wealthy, but only on the condition that the money be used either for reducing the deficit or for specific programs. After years of demanding a tax increase on the wealthy, the Left would be unable to refuse.

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This entry was posted in Economics, Neoconservatism, Republican Party, Uncategorized. Bookmark the permalink.

One Response to Billionaires are Worse

  1. spottedtoad says:

    Yeah, this was something I was (sort-of) writing about here: https://spottedtoad.wordpress.com/2016/02/04/spend-the-money/
    I don’t really get into the SJW/non-SJW aspect of billionaire spending, but it clearly would be much better if they either spent the money on lavish palaces for themselves (which would employ a lot of regular people to build and maintain, and would actually lessen inequality to some degree) or, if they must give it away, spend the money on actual physical places like libraries or school buildings or swimming pools rather than intangible means of influence like foundations and non-profits.

    Like

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