If Dems can't screw the 'Rich' they will screw everyone..

[AmericanFirst]

Lets all feel sorry for the richest Americans who are treated so badly by our society

One way to ‘see’ the distribution of wealth in the U.S. is to imagine a group of 100 people who have a $100 between them. Evenly distributed each would have one dollar of wealth. Alas, that is far from the actual distribution. According to the most recent study, Currents and Undercurrents, by the Survey of Consumer Finance (Federal Reserve, Department of Treasury, 2006) wealth is distributed accordingly:

50 individuals at the bottom have a nickel. ($0.05 times 50 = $2.50)

The next 40 each have $0.70 of wealth (40 times $0.70 - $28.00).

The next 9 each have $4.00 of wealth (nine times $4.00 = $36.00)

The last richest individual has $33.40 (one time $33.40).

Read more: See the Distribution of Wealth in US (McCain, Obama, cost) - Politics and Other Controversies -Democrats, Republicans, Libertarians, Conservatives, Liberals, Third Parties, Left-Wing, Right-Wing, Congress, President - City-Data Forum

Better than being socialist pigs. This country has always been about opportunity. Now the dimwits want to punish the rich. Idiots.

 

[Soggy in NOLA]

Lets all feel sorry for the richest Americans who are treated so badly by our society

One way to ‘see’ the distribution of wealth in the U.S. is to imagine a group of 100 people who have a $100 between them. Evenly distributed each would have one dollar of wealth. Alas, that is far from the actual distribution. According to the most recent study, Currents and Undercurrents, by the Survey of Consumer Finance (Federal Reserve, Department of Treasury, 2006) wealth is distributed accordingly:

50 individuals at the bottom have a nickel. ($0.05 times 50 = $2.50)

The next 40 each have $0.70 of wealth (40 times $0.70 - $28.00).

The next 9 each have $4.00 of wealth (nine times $4.00 = $36.00)

The last richest individual has $33.40 (one time $33.40).

Read more: See the Distribution of Wealth in US (McCain, Obama, cost) - Politics and Other Controversies -Democrats, Republicans, Libertarians, Conservatives, Liberals, Third Parties, Left-Wing, Right-Wing, Congress, President - City-Data Forum

"Distribution of wealth"? What does that mean? Wealth isn't distributed it's EARNED. Only in a communist country would someone think wealth is owned by the government and should be evenly distributed. I don't want to live there.

Borrowing money to pay for tax cuts to the rich is "Earned"???

Good Lord....

 

[rightwinger]

Lets all feel sorry for the richest Americans who are treated so badly by our society

One way to ‘see’ the distribution of wealth in the U.S. is to imagine a group of 100 people who have a $100 between them. Evenly distributed each would have one dollar of wealth. Alas, that is far from the actual distribution. According to the most recent study, Currents and Undercurrents, by the Survey of Consumer Finance (Federal Reserve, Department of Treasury, 2006) wealth is distributed accordingly:

50 individuals at the bottom have a nickel. ($0.05 times 50 = $2.50)

The next 40 each have $0.70 of wealth (40 times $0.70 - $28.00).

The next 9 each have $4.00 of wealth (nine times $4.00 = $36.00)

The last richest individual has $33.40 (one time $33.40).

Read more: See the Distribution of Wealth in US (McCain, Obama, cost) - Politics and Other Controversies -Democrats, Republicans, Libertarians, Conservatives, Liberals, Third Parties, Left-Wing, Right-Wing, Congress, President - City-Data Forum

Better than being socialist pigs. This country has always been about opportunity. Now the dimwits want to punish the rich. Idiots.

 

[The Outsider]

Lets all feel sorry for the richest Americans who are treated so badly by our society

One way to ‘see’ the distribution of wealth in the U.S. is to imagine a group of 100 people who have a $100 between them. Evenly distributed each would have one dollar of wealth. Alas, that is far from the actual distribution. According to the most recent study, Currents and Undercurrents, by the Survey of Consumer Finance (Federal Reserve, Department of Treasury, 2006) wealth is distributed accordingly:

50 individuals at the bottom have a nickel. ($0.05 times 50 = $2.50)

The next 40 each have $0.70 of wealth (40 times $0.70 - $28.00).

The next 9 each have $4.00 of wealth (nine times $4.00 = $36.00)

The last richest individual has $33.40 (one time $33.40).

Read more: See the Distribution of Wealth in US (McCain, Obama, cost) - Politics and Other Controversies -Democrats, Republicans, Libertarians, Conservatives, Liberals, Third Parties, Left-Wing, Right-Wing, Congress, President - City-Data Forum

What are you trying to get out here, that we should redistribute the wealth to everyone evenly. Is this what you are seriously advocating?

That everyone should share all their money and belongings to others just to make it seem that it is fair. That's fucked.

 

[boedicca]

Uh. They've been on that trajectory for years.

Back in 1913, the definition of the Evul Rich was people who made more than $11 Million per year in 2010 dollars - and they were taxed at a marginal rate of 7%.

Now, the Evul Rich are upper middle class people who make $250,000 per year, and the Dems's want to tax them at a marginal rate of 36%.

The trend is headed towards the government taking away everything above a federally determined subsistence level which excludes incandescent light bulbs, full flush toilets, properly heated homes, and red meat.

I like how you left out the years in between 1913 and 2010 - remember those? The years when the highest marginal tax rate was 90%, and America was doing great?

You should look at the marginal rate tables and adjust the income levels for inflation.


In the 1950s, the top rate kicked in at $3.3M.

All of this nonsense about middle class families making $250K is prelude to increasing the tax yoke on those who make $50K.

 

[Mocknbird2]

The simple fact is: many, many "rich" people didn' EARN anything. Profiting by moving money around in the stock market is not earning. It is profiting, but not earning. So many others are rich by exploiting employees by paying low wages. That's not earning, just screwing your fellow man. Some of the wealthiest inherited their money. How is that earning? Get it right. Just because your rich, doesn't mean you earned it. Unfortunately the world isn't fair. If it were, most rich people wouldn't be rich.

 

[Mocknbird2]

Dream on! WHat a load......that's just B.S. scare tactics the weathy use to scare the ignorant. And you bought into it. Maybe you listen to too much stupid propaganda spewing jerks such as that DRUG ADDICT: Rush Limbaugh!