Mikeoxenormous
Diamond Member
Why France's 'yellow vest' protests are about so much more than a fuel tax
What do all these cities have in common?
Paris...…………………………………………………………………………...…….………………………………...……...Baltimore...………………...
Ferguson...………………………………………………………………...……………………….…………………………...…...UC Berkeley...……………...
Obamanomics: Rich Get Richer, Everyone Else Poorer | Investor's Business DailyThey want a more equal political and fiscal system, including the reintroduction of the tax on the mega-rich (from 0.5 percent to 1.5 percent, starting from incomes worth more than €800,000), which Macron abolished after his election. Crucially, they want Macron, also known as the "president of the rich," gone.
Where ever Socialism gets a toe hold, the outcome always starts with promises. Then the taxes set in, rich people move out, lazy schlobs get welfare, government goes into debt. Cities start to burn as people riots. Liberals never learn.Using Census data on net worth, the Pew report found that from 2009 to 2011, the richest 7% of Americans saw their net worth climb an average $697,651 — equal to a 28% gain.
The rest of the country saw their net worth drop an average $6,079 — equal to a 4% loss.
As a result, far from making the country more equal, Obama's policies have produced a greater concentration of wealth, with the share of wealth held by the top 7% rising to 63% in 2011, up from 56% in 2009, Pew found.
What do all these cities have in common?
Paris...…………………………………………………………………………...…….………………………………...……...Baltimore...………………...
Ferguson...………………………………………………………………...……………………….…………………………...…...UC Berkeley...……………...
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