georgephillip
Diamond Member
"(1) The financial maneuverings of a single hedge fund manager made him enough money in one year to give a $30,000 per year job to every one of the 168,000 unemployed people in Louisiana.
"(2) One year of Bush tax cuts would pay ALL U.S. unemployment benefits.
"(3) If the median household income had kept pace with the economy since 1970, it would now be nearly $92,000, not $50,000.
"(4) The trillion EXTRA dollars a year taken by the richest 1% (by TRIPLING their cut of the income pie since 1980) would provide a $50,000 a year job for every college student in the United States.
"(5) According to Citizens for Tax Justice, 12 of our largest corporations paid an effective tax rate of negative 1.5% on $171 Billion in Profits.
"The oil industry paid only 4% in U.S. federal income taxes over the past three years."
Oh Say Can You Seethe.. | Common Dreams
Explain to me why those who profit most from "government-funded research, national security, infrastructure, and untaxed financial speculation opportunities" should feel victimized when they're asked to repay the system that made them rich?
"(2) One year of Bush tax cuts would pay ALL U.S. unemployment benefits.
"(3) If the median household income had kept pace with the economy since 1970, it would now be nearly $92,000, not $50,000.
"(4) The trillion EXTRA dollars a year taken by the richest 1% (by TRIPLING their cut of the income pie since 1980) would provide a $50,000 a year job for every college student in the United States.
"(5) According to Citizens for Tax Justice, 12 of our largest corporations paid an effective tax rate of negative 1.5% on $171 Billion in Profits.
"The oil industry paid only 4% in U.S. federal income taxes over the past three years."
Oh Say Can You Seethe.. | Common Dreams
Explain to me why those who profit most from "government-funded research, national security, infrastructure, and untaxed financial speculation opportunities" should feel victimized when they're asked to repay the system that made them rich?