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A comment on America's 1% Has Taken $50T From the Bottom 90%. Parent comment

Re:America's 1% Has Taken $50T From the Bottom 90% by tylerhou on Thursday February 11, 2021 @06:02PM (#26108650)
Taxes?
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Re:America's 1% Has Taken $50T From the Bottom 90% by notriddle on Thursday February 11, 2021 @07:32PM (#26109466)
The Fed can't make taxes. Congress makes taxes, but Congress is subject to popular approval, and the population don't like tax hikes.
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Re:America's 1% Has Taken $50T From the Bottom 90% by tylerhou on Thursday February 11, 2021 @09:18PM (#26110091)
The Fed also can't give $1000 to everyone.
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Re:America's 1% Has Taken $50T From the Bottom 90% by jackcosgrove on Thursday February 11, 2021 @07:48PM (#26109560)
Changes in tax rates require Congress to act. Too slow moving to be a money supply control.
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