If Uncle Scrooge existed as a billionaire in human form today, it’s easy to picture him aligned with fellow plutocrats against the “threat” of Bernie Sanders and Elizabeth Warren.
"Between 1989 and 2018, the top 1 percent increased its total net worth by $21 trillion."
"It is long past time for Congress to rein in the recklessness of Wall Street billionaires and build an economy that works for all Americans."
Other candidates, most notably Bernie Sanders and Elizabeth Warren, begrudge plenty and have specific proposals for changing the rules that let wealth keep concentrating.
So the next time you hear one of these myths, know the truth.
More progressive and ecological taxation is essential to fund the ecosocialist Green New Deal for climate and economic security.
In 2016, the top 1 percent paid 37.3 percent of individual income taxes.