Care to explain how I'm paying for the "very wealthy, celebrities, and so on"?
Who says they're being callously exploited? Because some company's founder now has hundreds of billions, that entitles random warehouse workers to share profits?
The warehouse workers worked for it, just like the founder. The distribution of profits between the two isn't a natural law. It's the outcome of a particular regulatory environment that the very wealthy have created over the last half century.
As for how you're paying for the wealthy, there are many ways. You're paying for the US government to negotiate with other countries to change their local laws either directly or via treaties to create a similar regulatory environment globally. You're also paying for externalities, like what happens with a fly ash lake or manure lagoon overflows, or the consequences of air pollution.
> Care to explain how I'm paying for the "very wealthy, celebrities, and so on"?
Sure.
1) Look at financial crisis of 2008 and the banks bail out. I have always been taught there is no such thing as a free lunch in economics. Well, apparently you can overleverage yourself, profit insanely on it and when it finally goes tits up, you cry a bit and yell "too big to fail". I have always been taught that risk is the basic principle of capitalism. If your idea or product is bad, no one gives you money for it, you run out of money and go bankrupt. Obviously not if you are a bank or military contractor (looking at you, Boeing).
2) One of the biggest company in my country, owned by our current prime minister Andrej Babiš... oh sorry, it is owned by 2 trust funds which are indirectly owned by Babiš. Anyway, that company is currently asking for 123 million CZK in subsidies. This is a company with a turnover of 161 billion and 3,8 billion CZK profit. Why are they asking for subsidies? Can't they use ~3,24% of their last year's profit?
3) Continuation of previous point, except in US terms. You can strong arm government into giving you subsidies, otherwise you are gonna leave the city / state / country and it's gonna lose jobs. See here for examples: https://subsidytracker.goodjobsfirst.org/top-100-parents
One of the biggest recipients is Tesla. On this note I find it absurd that tax money collected from normal people is paying for a billionaire's wet dream. Notice how I said normal people. Because the rich have ways to steal... damn, sorry - evade... dang, I did it again. Avoid taxes is what I meant. https://itep.org/55-profitable-corporations-zero-corporate-t...
4) Look at coronavirus V-shaped recovery. It was apparent airlines are gonna be in a bit of a trouble, becaues of the... oh yeah, the global pandemic which put lockdowns in place. Anyway, airlines bought back stock and then asked for bailouts. Which they of course got. https://www.dallasnews.com/business/airlines/2020/03/18/amer...
I have stopped caring for explaining how you are paying for the very wealthy. If these examples above didn't sway you, nothing will.
Who says they're being callously exploited? Because some company's founder now has hundreds of billions, that entitles random warehouse workers to share profits?