It seems to me that if we tax the super rich (1+ million/year) and use that money for stimulus (meaning the gov't ends up funding jobs to put that back into the pockets of the average joe) then the average joe ends up having more money, is happy, can pay the mortgage and ends up spending more money which ultimately ends back up in the pockets of the super rich.
Is this an accurate description of the monetary cycle or too much of an oversimplification? If it's basically accurate then why can't this simple message get out so that the average joe is happy and the super rich stay super rich?
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It seems to me that if we tax the super rich (1+ million/year) and use that money for stimulus (meaning the gov't ends up funding jobs to put that back into the pockets of the average joe) then the average joe ends up having more money, is happy, can pay the mortgage and ends up spending more money which ultimately ends back up in the pockets of the super rich.
Is this an accurate description of the monetary cycle or too much of an oversimplification? If it's basically accurate then why can't this simple message get out so that the average joe is happy and the super rich stay super rich?
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