this post was submitted on 18 Aug 2023
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America’s wealthiest people are also some of the world’s biggest polluters – not only because of their massive homes and private jets, but because of the fossil fuels generated by the companies they invest their money in.

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[–] kautau@lemmy.world 26 points 1 year ago* (last edited 1 year ago) (1 children)

This is true for almost anything. Major corporations, and the investors that profit off of them, pay so little in taxes compared to the average citizen. Instead, their money is devoted to lobbying and setting up careful corporate international glass houses so they don’t have to pay the taxes they should. We can push much harder on tackling social issues, but the top 10% don’t exist in society, they lord over it

the top 10% don’t exist in society, they lord over it

I think you mean they run it