Spreading The Wealth

JEFF BEZOS, the amazon mogul and multi trillionaire who owns more money than teh seven point billion rest of us combined, more money than God, more money than all the gods of all the religions not only on Earth, but throughout the known and unknown universe, has decided, under intense pressure from Senator Bernie Sanders and others, to begin paying his lowest payed employees fifteen dollars an hour. Although he claims that by so doing he will put himself in the poor house, be forced to live out of dumpsters on the streets, declare bankruptcy, and eat leftovers, he describes his decision as "personal financial suicide", which, he says, "is nonetheless compatible with the principles of God, Christ, and Karl Marx." And for that, Bernie Sanders says "give credit where credit is due." right he is. We socialists do not necessarily have anything against gazillaires. We really don't, for the most part. What we do object to is when they receive tax cuts, and when they use loopholes to avoid paying taxes altogether, and when they pay employees market value, because, market value for labor is often below a living wage. We socialists object to anyone who objects to progressive taxation, tne more progressive the better. The most prosperous period in American history was between 1940 and 1970, when progressive taxation had the wealthy paying inordinately high taxes, and there were few extremely wealthy people, few poor people, nearly everyone was middle class, and a man could support a family of four with a minimum wage job. yes, a family of four with a minimum wage job. sounds incredible, bu tits true. And all because the war effort necessitated taxing the wealthy at an extremely high rate, over ninety percent, a rate which came down only when Kennedy became president, a wealthy man, advocating for the wealthy, as the wealthy, when in power, which is always, tend to do. Tax cuts for the wealthy do nothing except enrich the rich. Tax cuts for corporations give corporations the opportunity to increase production and hire new workers, but they never do, because..why should they? The fact that corporations have more money by paying lower taxes does not increase consumer demand, which is necessary for an increase in production. In order to increase production, supply, first aggregate demand must be increased. This is done by getting money into the hands of many people who did not have money previously, by creating new consumers, expanding the market place. Raising pay for millions of workers, transferring money from the wealthy to the poor, ther is an increase in the number of people who can and must spend money on consumer goods and services, which they spend....with corporations who respond by increasing productions, selling more, and hiring more workers to produce. Tax the wealthy, render unto Caesar, give unto the poor, and it all comes back to the wealthy, and capitalism takes off like a veritable rocket. that's what Jeff Bezos understands, and what Bernie Sanders is congratulating him for.