Who will swallow the Corona virus debt? The rich or the poor?

[Greatest I am]

Who will swallow the Corona virus debt? The rich or the poor?
 
Poverty is a condition imposed by governments through the tax system.
 
The world will have to pay dearly, not only now, but in the near future, for the hardships cause by this pandemic and the various other upcoming health crisis.
 
We are already handing our children a dying planet. Will we saddle them with more poverty as well?
 
Poverty is created by the tax system. Gandhi also said that to impose poverty was a crime.
 
The tax system is controlled by the rich. Demographically speaking, this fact is proven by their outrageous demographic position and control of the legislation.
 
Will the rich swallow the huge debt that will soon hit us, or will they place the debt as more poverty for our next extinction bound generation?
 
The next tax laws, everywhere, will show if more poor die, or if the rich will give up their loose change, which is all that it takes, to end poverty.
 
Regards
DL

[Gawdzilla Sama]

Why is this in the Philosophy sub?

[BrianSoddingBoru4]

Why is this in the Philosophy sub?

Fair point. It’d be a much better fit for News and Current Affairs.

Boru

[Greatest I am]

Why is this in the Philosophy sub?

I did not see a general political discussion forum.

Regards
DL

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Why is this in the Philosophy sub?

Fair point. It’d be a much better fit for News and Current Affairs.

Boru

I did not think it news or current affairs as there is no one in the news asking that question yet.

Regards
DL

[BrianSoddingBoru4]

Why is this in the Philosophy sub?

I did not see a general political discussion forum.

Regards
DL

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Fair point. It’d be a much better fit for News and Current Affairs.

Boru

I did not think it news or current affairs as there is no one in the news asking that question yet.

Regards
DL

There is, in fact, a Politics forum.

COVID is clearly a current affair and is in the news a lot.

Would you like me to move the thread for you?

Boru

[Greatest I am]

I did not see a general political discussion forum.

Regards
DL

---

I did not think it news or current affairs as there is no one in the news asking that question yet.

Regards
DL

There is, in fact, a Politics forum.

COVID is clearly a current affair and is in the news a lot.

Would you like me to move the thread for you?

Boru

This is more economics than Covid, but please move the post if you think it better suited elsewhere.

Thanks in advance.

Regards
DL

[brewer]

The midoorich.

[BrianSoddingBoru4]

I suspect that no one will foot the bill for COVID. If it’s paid for at all, it’ll be amortized over such a long period of time that no one will feel the sting.

And I’m not sure that the ‘taxation causes poverty’ argument is valid - there are plenty of countries with higher tax rates and lower poverty rates than the US. Poverty on a national scale has less to do with how a government is funded than how it manages those funds.

Boru

[The Architect Of Fate]

I suspect that no one will foot the bill for COVID. If it’s paid for at all, it’ll be amortized over such a long period of time that no one will feel the sting.

And I’m not sure that the ‘taxation causes poverty’ argument is valid - there are plenty of countries with higher tax rates and lower poverty rates than the US. Poverty on a national scale has less to do with how a government is funded than how it manages those funds.

Boru

The idea that Taxes cause poverty in a wealthy nation like the US is absurd and is used by the upper class as an excuse for why they shouldn't have to pay

[Fireball]

I suspect that no one will foot the bill for COVID. If it’s paid for at all, it’ll be amortized over such a long period of time that no one will feel the sting.

And I’m not sure that the ‘taxation causes poverty’ argument is valid - there are plenty of countries with higher tax rates and lower poverty rates than the US. Poverty on a national scale has less to do with how a government is funded than how it manages those funds.

Boru

Indeed. I live in a city with a population of about 100k, one of the safest cities of its size in the US. I used to live in the city of Los Angeles. What a fucking hole. It's mismanaged on a massive scale.