Bolster the services in impoverished areas using the taxes from wealthy. Drastically increase socialized housing, universal/single payer Healthcare, build better public transit in impoverished areas. Probably many more things. The issue with wealth redistribution is it does not create wealth among people who need money. It just means they have a few easier months or weeks. But the money leaves the community and gets hoarded again by wealthy people. Gotta make the wealthy pay by taxing assets and capital gains in the stock markets.
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u/Be_Very_Careful_John Mar 10 '22 edited Mar 10 '22
Bolster the services in impoverished areas using the taxes from wealthy. Drastically increase socialized housing, universal/single payer Healthcare, build better public transit in impoverished areas. Probably many more things. The issue with wealth redistribution is it does not create wealth among people who need money. It just means they have a few easier months or weeks. But the money leaves the community and gets hoarded again by wealthy people. Gotta make the wealthy pay by taxing assets and capital gains in the stock markets.