Can We Please Have Some Sanity When It Comes to Taxes? [View article]
You know, I just love the protectors of those powerless wealthy individuals assualted by an unfair tax system. Now for some shocking realities:
1. The top 1% control 40% of all financial wealth. The top 20% another 52%, leaving the rest of us (80%) America's financial wealth at a whopping 8%.
2. In terms of inherited wealth only 1.6% inherit moe than $100,000. 91.9% receive nothing. Yet the "death tax" is the highest priority on the ultra-conservative agenda.
The author and the priveleged who post their crying pleas on this site are pigs at the trough of power, not the bastions of free-marketeering that they claim.
Wealth is a "resource" that is very useful in exercising power. That's obvious when we think of donations to political parties, payments to lobbyists, and grants to experts who are employed to think up new policies beneficial to the wealthy.
Are the rich taxed enough? As my favorite P.T. Barnum quote sums it up for the idiotic social and fiscal conservatives that believe they are, or will be, part of the 1%.
"Nobody ever died poor understimating the intelligence of the American public."
You rich-wannabes that defend lasseiz faire tax policy and trickle-down economics are now experiencing the chickens coming home to roost as LEH, Morgan, Bear, AIG demonstrate that the stench can also trickle back up to the pigs that opened the free credit window.
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You know, I just love the protectors of those powerless wealthy individuals assualted by an unfair tax system. Now for some shocking realities:
Sep 15 15:39 pm
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All Comments by mediapro »Can We Please Have Some Sanity When It Comes to Taxes? [View article]
1. The top 1% control 40% of all financial wealth. The top 20% another 52%, leaving the rest of us (80%) America's financial wealth at a whopping 8%.
2. In terms of inherited wealth only 1.6% inherit moe than $100,000. 91.9% receive nothing. Yet the "death tax" is the highest priority on the ultra-conservative agenda.
The author and the priveleged who post their crying pleas on this site are pigs at the trough of power, not the bastions of free-marketeering that they claim.
Wealth is a "resource" that is very useful in exercising power. That's obvious when we think of donations to political parties, payments to lobbyists, and grants to experts who are employed to think up new policies beneficial to the wealthy.
Are the rich taxed enough? As my favorite P.T. Barnum quote sums it up for the idiotic social and fiscal conservatives that believe they are, or will be, part of the 1%.
"Nobody ever died poor understimating the intelligence of the American public."
You rich-wannabes that defend lasseiz faire tax policy and trickle-down economics are now experiencing the chickens coming home to roost as LEH, Morgan, Bear, AIG demonstrate that the stench can also trickle back up to the pigs that opened the free credit window.