Gary Janosz
1 min readMay 20, 2021

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It takes capital to be a capitalist. 69.6% of US wealth is owned by the top 10%. The bottom 50% wield and astonishing 2% of the nation's wealth. We need to overhaul the tax system to restore balance otherwise you will still be studying capitalism while trying to make ends meet. Economics is important. High school graduates don't have a clue how to manage a checking account, keep track of their debit card or the first thing about the steps to protect your credit score. They want everything they see on TV but don't have a clue how to get there, so they max out their credit cards.

But it does not stop there. Why are workers in their 30's and 40's content to pay 6.2% of their pay into Social Security when Republicans have been claiming for years that the system is broken. If it's broken, you will not get shit for that 6.2% payroll tax deduction, not to mention the matching 6,2% that you employer kicks in--it could be going into your pocket. Where's the uproar? Where's the demand to fix the system that millions of Americans rely on. Did you know that when you reach the lofty pay of $142,600 you no longer pay into Social Security? Most never reach that much annual pay. Why do those rich folks deserve an automatic tax cut at $142,600? Remain ignorant at your own peril.

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Gary Janosz

Finding the humor in a world of frustration. Always learning, usually the hard way.