this post was submitted on 18 Jul 2024
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[โ€“] morriscox@lemmy.world 2 points 4 months ago (1 children)

Perhaps 10%. Taxes at one point went up to 90%. Some companies do need more, especially small businesses. As for not needing to subsidize anyone, when the pandemic struck and the checks went out a lot of people paid bills (I managed to get rid of my student loan debt, with help) but many went on spending sprees and some of those still couldn't pay rent. Wealth distribution isn't as great as it sounds and I'm on SSDI.