General Discussion
In reply to the discussion: What is the Democratic Party solution to economic inequality? [View all]kentuck
(115,441 posts)We have to elect leaders that understand the nature of wealth distribution and the fact that wealth tends to accumulate at the top and away from the bottom. That's just the way it is.
Once these leaders understand this simple fact, they need to negotiate trade treaties with our allies and friends around the world. But the number one demand in any treaty is that any country that accepts the establishment of any corporation or business upon their territory will see that they pay 20% in tariffs to the US Government, meaning the People, and that be the pre-condition for any other type of assistance or military aid these countries might be presently receiving from America.
We can no longer tolerate the transfer of wealth out of our country by these ravenous corporations that take the wealth created in this country, by the workers of this country, and move it to these cheap labor markets around the world, without a penalty.
The Democrats would need to control all three branches of government, including a friendly Supreme Court, in order to pass such a law. Those with power tend to co-opt anyone that might challenge their wealth creation.
I fear there is no solution within the present two-Party system. The fund managers and the millionaires will continue to make hundreds of millions of dollars and hide it in overseas accounts, so as not to pay any taxes to the United States of America. They are loyal to their bank account, not the Stars and Stripes or some silly patriotic symbol.
The bottom line is that the tax code is the only weapon we have at this time to level the playing field. Those that go into Republican hysterics about transferring wealth do not understand the nature of our government and especially, the Democratic Party. If you cannot understand that, then you are not a Democrat. I hate to break that news to you.