Nobody is denying the right of the rich to be rich.
That's right.
For the most part, they have earned or their family has earned the money that they have.
Yup.
The problem comes with the overwhelmingly disproportionate distribution of wealth in this country compared to other industrialized countries.
Yup
The increase in CEO pay compared to worker pay has skyrocketed while CEO pay globally has increased at a more modest pace. The percentage of available wealth that is held by the top 2% is grossly disproportionate
.
Yup
If the rich want to move, they can move anytime they want.
the
truly wealthy live in the state of the affluent. It is a world-wide nation that know no boundries.
The concept of nationality is basically meaningless to them, even though it looms as so important to most of us.
There are already island nations with no taxes that are havens for the rich.
Yes, and that's where some people stash their dough, and where some corporations open mailbox headquarters to evade national taxes.
Just like the jobs we send to China, we can never compete with these tax haven nations no matter how much we slash taxes.
But we can definitely go bankrupt trying to appease the rich, can't we?
That's all they want. They just want us to acknowledge that we're nothing and they're everything.
That's not asking too much, is it?
The tinkle down theory is a myth.
A lie, actually.
Myths typically have some social redeeming value even if they're fairy tales.
It didn't work for Reagan/David Stockman and it doesn't work now. All than tinkles down is debt not jobs.
It ddn't work the 19th century, or the early 20th century either. It never works because the wealth doesn't move from top to bottom but from bottom to top.
Wealth is created by labor,
not by money. Money is a tool that helps us divide labor.
Nobody is proposing making rich people poor.
Who are the rich, anyway? A lot of deluded fools here think we're talking about them when we say "the rich".
Only returning to the levels we had 20-30 years ago. The standard of living for working americans is declining. Americans have to work harder and acheive higher education levels to maintain the same standard of living while the rich continue to receive the benifits
Good idea.
It's not gonna happen, though.