It's almost as if money is hoarded by the already wealthy and the lower middle to lower class uses it to.... BUY things.
@qasimrashid.com2022: Massachusetts enacts a 4% tax on millionaires. Critics predict catastrophe.
2026: MA sees 39%⬆️ in number of millionaires, $5B⬆️ in new revenue, & MA is bottom 10 in poverty.
Taxing the wealthy creates more wealth. Taxing working people creates more poverty: www.qasimrashid.com/p/fixing-the...
qasimrashid.com
Fixing the $12 Billion Lie
How Mayor Mamdani Plans to Fix NYC's Existential Budget Crisis—And Why It Affects Every Single American Nationwide
