Doc1
Gold Member
Sure because ALL money belongs to the Government and they should be able to take/keep however much they want.
Who exactly are the rich that aren’t paying their fair share?
- Thread starter Thinker101
- Start date
Sure because ALL money belongs to the Government and they should be able to take/keep however much they want.
Skull Pilot
Diamond Member
- Nov 17, 2007
- 45,446
- 6,164
- 1,830
And that has nothing to do with the money we have been giving the so called poor
danielpalos
Diamond Member
- Banned
- #503
It is simple income redistribution. The right wing only complain when the poor may benefit.
danielpalos
Diamond Member
- Banned
- #504
Yes, it does.
Skull Pilot
Diamond Member
- Nov 17, 2007
- 45,446
- 6,164
- 1,830
As I said we have been giving money to the so called poor for decades
Skull Pilot
Diamond Member
- Nov 17, 2007
- 45,446
- 6,164
- 1,830
says you
Doc1
Gold Member
Sure because ALL money belongs to the Government and they should be able to take/keep however much they want.
Doc1
Gold Member
Letting me keep more of MY money is income "redistribution". You simply cannot make this shit up.
Papageorgio
The Ultimate Winner
The left only complain about wealth redistribution if it is t their idea.
danielpalos
Diamond Member
- Banned
- #510
So what, we have been bailing out the rich, just as long.
francoHFW
Diamond Member
Already the richest country in the world, the United States reached its highest cumulative wealth ever in 2013. It ranked fourth in the world in wealth per person, with $348,000 for every American adult.5 Charts That Show How the Middle Class Is Disappearing | BillMoyers.com and our median American continues to get screwed.
But the average American wouldn’t know it. Thanks to economic policies that favor the super-rich and fuel inequality, the typical US adult’s total wealth is $31,688 — not even close to $348,000. And things aren’t poised to change: The median household brought in $51,939 in 2013, a real dollar increase of just $180 from 2012. This recent income stagnation came in the wake of a steep drop from 2007-2011 (mouse over the graph to see data):
Middle class Americans are feeling this income squeeze. One way to see how the middle class is faring is to break out the middle 60 percent of the population. The share of total national income going to this chunk of the population has decreased steadily since the 1960s and currently stands well below 50 percent:
As the middle class share dwindles, it’s harder for typical Americans to put anything aside. Remember how the United States ranks fourth in the world in wealth per-person? When the same report ranked each country by its median wealth, the US dropped to #21. Which means middle-of-the pack Americans have far less to their names than middle-of-the pack Australians (or Japanese, or Canadians, or Spanish, or Austrians…)
danielpalos
Diamond Member
- Banned
- #512
It is being added to the People's debt.
danielpalos
Diamond Member
- Banned
- #513
It is being added to the debt.
Doc1
Gold Member
Already the richest country in the world, the United States reached its highest cumulative wealth ever in 2013. It ranked fourth in the world in wealth per person, with $348,000 for every American adult.5 Charts That Show How the Middle Class Is Disappearing | BillMoyers.com and our median American continues to get screwed.
But the average American wouldn’t know it. Thanks to economic policies that favor the super-rich and fuel inequality, the typical US adult’s total wealth is $31,688 — not even close to $348,000. And things aren’t poised to change: The median household brought in $51,939 in 2013, a real dollar increase of just $180 from 2012. This recent income stagnation came in the wake of a steep drop from 2007-2011 (mouse over the graph to see data):
Middle class Americans are feeling this income squeeze. One way to see how the middle class is faring is to break out the middle 60 percent of the population. The share of total national income going to this chunk of the population has decreased steadily since the 1960s and currently stands well below 50 percent:
As the middle class share dwindles, it’s harder for typical Americans to put anything aside. Remember how the United States ranks fourth in the world in wealth per-person? When the same report ranked each country by its median wealth, the US dropped to #21. Which means middle-of-the pack Americans have far less to their names than middle-of-the pack Australians (or Japanese, or Canadians, or Spanish, or Austrians…)
Why didn't the magic negro fix it?
Doc1
Gold Member
So in your opinion ALL money belongs to the Government, right?
ThunderKiss1965
Diamond Member
You do realize that businesses don't pay corporate taxes ? They just added them to the cost of goods and services which basically makes it a Federal sales tax .
Papageorgio
The Ultimate Winner
It has always been added to the People’s debt, it has been for decades and decades, is this a new revelation to you?
francoHFW
Diamond Member
Pure obstruction like we've had from the GOP the last 35 years... They got their tax policy under Reagan and have done nothing but obstruct progress ever sinceAlready the richest country in the world, the United States reached its highest cumulative wealth ever in 2013. It ranked fourth in the world in wealth per person, with $348,000 for every American adult.5 Charts That Show How the Middle Class Is Disappearing | BillMoyers.com and our median American continues to get screwed.
But the average American wouldn’t know it. Thanks to economic policies that favor the super-rich and fuel inequality, the typical US adult’s total wealth is $31,688 — not even close to $348,000. And things aren’t poised to change: The median household brought in $51,939 in 2013, a real dollar increase of just $180 from 2012. This recent income stagnation came in the wake of a steep drop from 2007-2011 (mouse over the graph to see data):
Middle class Americans are feeling this income squeeze. One way to see how the middle class is faring is to break out the middle 60 percent of the population. The share of total national income going to this chunk of the population has decreased steadily since the 1960s and currently stands well below 50 percent:
As the middle class share dwindles, it’s harder for typical Americans to put anything aside. Remember how the United States ranks fourth in the world in wealth per-person? When the same report ranked each country by its median wealth, the US dropped to #21. Which means middle-of-the pack Americans have far less to their names than middle-of-the pack Australians (or Japanese, or Canadians, or Spanish, or Austrians…)
Why didn't the magic negro fix it?
So you don't mind GOP tax rates raping the non rich and the country for 35 years? Super dupe.
Written on March 28, 2011 at 12:08 pm by elfish
The Demise of the American Middle Class In Numbers.
Filed under Economicsno comments
The Demise of the American Middle Class In Numbers.Over the past 35 years the American dream has gradually disappeared. The process was slow, so most people didn’t notice. They just worked a few more hours, borrowed a little more and cut back on non-essentials. But looking at the numbers and comparing them over long time periods, it is obvious that things have changed drastically. Here are the details:
1. WORKERS PRODUCE MORE BUT THE GAINS GO TO BUSINESS.
Over the past 63 years worker productivity has grown by 2.0% per year.
But after 1980, workers received a smaller share every year. Labor’s share of income (1992 = 100%):
1950 = 101%
1960 = 105%
1970 = 105%
1980 = 105% – Reagan
1990 = 100%
2000 = 96%
2007 = 92%
A 13% drop since 1980
2. THE TOP 10% GET A LARGER SHARE.
Share of National Income going to Top 10%:
1950 = 35%
1960 = 34%
1970 = 34%
1980 = 34% – Reagan
1990 = 40%
2000 = 47%
2007 = 50%
An increase of 16% since Reagan.
3. WORKERS COMPENSATED FOR THE LOSS OF INCOME BY SPENDING THEIR SAVINGS.
The savings Rose up to Reagan and fell during and after.
1950 = 6.0%
1960 = 7.0%
1970 = 8.5%
1980 = 10.0% – Reagan
1982 = 11.2% – Peak
1990 = 7.0%
2000 = 2.0%
2006 = -1.1% (Negative = withdrawing from savings)
A 12.3% drop after Reagan.
4. WORKERS ALSO BORROWED TO MAKE UP FOR THE LOSS.
Household Debt as percentage of GDP:
1965 = 46%
1970 = 45%
1980 = 50% – Reagan
1990 = 61%
2000 = 69%
2007 = 95%
A 45% increase after 1980.
5. SO THE GAP BETWEEN THE RICHEST AND THE POOREST HAS GROWN.
Gap Between the Share of Capital Income earned by the top 1%
and the bottom 80%:
1980 = 10%
2003 = 56%
A 5.6 times increase.
6. AND THE AMERICAN DREAM IS GONE.
The Probably of Moving Up from the Bottom 40% to the Top 40%:
1945 = 12%
1958 = 6%
1990 = 3%
2000 = 2%
A 10% Decrease.
Links:
1 = ftp://ftp.bls.gov/pub/special.requests/pf/totalf1.txt
1 = https://www.clevelandfed.org/Research/PolicyDis/No7Nov04.pdf
1 = Clipboard01.jpg (image)
2 – http://www.whitehouse.gov/omb/blog/09/04/27/CongratulationstoEmmanuelSaez/
3 = http://www.demos.org/inequality/images/charts/uspersonalsaving_thumb.gif
3 = U.S. Bureau of Economic Analysis (BEA)
4 = Federated Prudent Bear Fund (A): Overview
4 = The Fed - Financial Accounts of the United States - Z.1 - Current Release
5/6 = 15 Mind-Blowing Facts About Wealth And Inequality In America
Overview = http://www.ourfuture.org/blog-entry/2010062415/reagan-revolution-home-roost-charts
Doc1
Gold Member
Pure obstruction like we've had from the GOP the last 35 years... They got their tax policy under Reagan and have done nothing but obstruct progress ever sinceAlready the richest country in the world, the United States reached its highest cumulative wealth ever in 2013. It ranked fourth in the world in wealth per person, with $348,000 for every American adult.5 Charts That Show How the Middle Class Is Disappearing | BillMoyers.com and our median American continues to get screwed.
But the average American wouldn’t know it. Thanks to economic policies that favor the super-rich and fuel inequality, the typical US adult’s total wealth is $31,688 — not even close to $348,000. And things aren’t poised to change: The median household brought in $51,939 in 2013, a real dollar increase of just $180 from 2012. This recent income stagnation came in the wake of a steep drop from 2007-2011 (mouse over the graph to see data):
Middle class Americans are feeling this income squeeze. One way to see how the middle class is faring is to break out the middle 60 percent of the population. The share of total national income going to this chunk of the population has decreased steadily since the 1960s and currently stands well below 50 percent:
As the middle class share dwindles, it’s harder for typical Americans to put anything aside. Remember how the United States ranks fourth in the world in wealth per-person? When the same report ranked each country by its median wealth, the US dropped to #21. Which means middle-of-the pack Americans have far less to their names than middle-of-the pack Australians (or Japanese, or Canadians, or Spanish, or Austrians…)
Why didn't the magic negro fix it?
So you don't mind GOP tax rates raping the non rich and the country for 35 years? Super dupe.
Written on March 28, 2011 at 12:08 pm by elfish
The Demise of the American Middle Class In Numbers.
Filed under Economicsno comments
The Demise of the American Middle Class In Numbers.
Over the past 35 years the American dream has gradually disappeared. The process was slow, so most people didn’t notice. They just worked a few more hours, borrowed a little more and cut back on non-essentials. But looking at the numbers and comparing them over long time periods, it is obvious that things have changed drastically. Here are the details:
1. WORKERS PRODUCE MORE BUT THE GAINS GO TO BUSINESS.
Over the past 63 years worker productivity has grown by 2.0% per year.
But after 1980, workers received a smaller share every year. Labor’s share of income (1992 = 100%):
1950 = 101%
1960 = 105%
1970 = 105%
1980 = 105% – Reagan
1990 = 100%
2000 = 96%
2007 = 92%
A 13% drop since 1980
2. THE TOP 10% GET A LARGER SHARE.
Share of National Income going to Top 10%:
1950 = 35%
1960 = 34%
1970 = 34%
1980 = 34% – Reagan
1990 = 40%
2000 = 47%
2007 = 50%
An increase of 16% since Reagan.
3. WORKERS COMPENSATED FOR THE LOSS OF INCOME BY SPENDING THEIR SAVINGS.
The savings Rose up to Reagan and fell during and after.
1950 = 6.0%
1960 = 7.0%
1970 = 8.5%
1980 = 10.0% – Reagan
1982 = 11.2% – Peak
1990 = 7.0%
2000 = 2.0%
2006 = -1.1% (Negative = withdrawing from savings)
A 12.3% drop after Reagan.
4. WORKERS ALSO BORROWED TO MAKE UP FOR THE LOSS.
Household Debt as percentage of GDP:
1965 = 46%
1970 = 45%
1980 = 50% – Reagan
1990 = 61%
2000 = 69%
2007 = 95%
A 45% increase after 1980.
5. SO THE GAP BETWEEN THE RICHEST AND THE POOREST HAS GROWN.
Gap Between the Share of Capital Income earned by the top 1%
and the bottom 80%:
1980 = 10%
2003 = 56%
A 5.6 times increase.
6. AND THE AMERICAN DREAM IS GONE.
The Probably of Moving Up from the Bottom 40% to the Top 40%:
1945 = 12%
1958 = 6%
1990 = 3%
2000 = 2%
A 10% Decrease.
Links:
1 = ftp://ftp.bls.gov/pub/special.requests/pf/totalf1.txt
1 = https://www.clevelandfed.org/Research/PolicyDis/No7Nov04.pdf
1 = Clipboard01.jpg (image)
2 – http://www.whitehouse.gov/omb/blog/09/04/27/CongratulationstoEmmanuelSaez/
3 = http://www.demos.org/inequality/images/charts/uspersonalsaving_thumb.gif
3 = U.S. Bureau of Economic Analysis (BEA)
4 = Federated Prudent Bear Fund (A): Overview
4 = The Fed - Financial Accounts of the United States - Z.1 - Current Release
5/6 = 15 Mind-Blowing Facts About Wealth And Inequality In America
Overview = http://www.ourfuture.org/blog-entry/2010062415/reagan-revolution-home-roost-charts
Show me where the Pubs blocked a Dem attempt to fix the problem you speak of, you can't just throw a bunch of shit against the wall and say "SEE". You didn't address my question, I won't allow you to obfuscate.
francoHFW
Diamond Member
Well of course his attempts to raise tax rates on the richest, to extend the payroll tax cut to the middle class and working class, 26 red States refusing the Medicaid extension as health insurance for the working class poor, infrastructure jobs bill, cheap training programs and college loan programs, the 2010 immigration bill with a social security ID card that could not be faked, and on and on and on...Pure obstruction like we've had from the GOP the last 35 years... They got their tax policy under Reagan and have done nothing but obstruct progress ever sinceAlready the richest country in the world, the United States reached its highest cumulative wealth ever in 2013. It ranked fourth in the world in wealth per person, with $348,000 for every American adult.5 Charts That Show How the Middle Class Is Disappearing | BillMoyers.com and our median American continues to get screwed.
But the average American wouldn’t know it. Thanks to economic policies that favor the super-rich and fuel inequality, the typical US adult’s total wealth is $31,688 — not even close to $348,000. And things aren’t poised to change: The median household brought in $51,939 in 2013, a real dollar increase of just $180 from 2012. This recent income stagnation came in the wake of a steep drop from 2007-2011 (mouse over the graph to see data):
Middle class Americans are feeling this income squeeze. One way to see how the middle class is faring is to break out the middle 60 percent of the population. The share of total national income going to this chunk of the population has decreased steadily since the 1960s and currently stands well below 50 percent:
As the middle class share dwindles, it’s harder for typical Americans to put anything aside. Remember how the United States ranks fourth in the world in wealth per-person? When the same report ranked each country by its median wealth, the US dropped to #21. Which means middle-of-the pack Americans have far less to their names than middle-of-the pack Australians (or Japanese, or Canadians, or Spanish, or Austrians…)
Why didn't the magic negro fix it?
So you don't mind GOP tax rates raping the non rich and the country for 35 years? Super dupe.
Written on March 28, 2011 at 12:08 pm by elfish
The Demise of the American Middle Class In Numbers.
Filed under Economicsno comments
Over the past 35 years the American dream has gradually disappeared. The process was slow, so most people didn’t notice. They just worked a few more hours, borrowed a little more and cut back on non-essentials. But looking at the numbers and comparing them over long time periods, it is obvious that things have changed drastically. Here are the details:
1. WORKERS PRODUCE MORE BUT THE GAINS GO TO BUSINESS.
Over the past 63 years worker productivity has grown by 2.0% per year.
But after 1980, workers received a smaller share every year. Labor’s share of income (1992 = 100%):
1950 = 101%
1960 = 105%
1970 = 105%
1980 = 105% – Reagan
1990 = 100%
2000 = 96%
2007 = 92%
A 13% drop since 1980
2. THE TOP 10% GET A LARGER SHARE.
Share of National Income going to Top 10%:
1950 = 35%
1960 = 34%
1970 = 34%
1980 = 34% – Reagan
1990 = 40%
2000 = 47%
2007 = 50%
An increase of 16% since Reagan.
3. WORKERS COMPENSATED FOR THE LOSS OF INCOME BY SPENDING THEIR SAVINGS.
The savings Rose up to Reagan and fell during and after.
1950 = 6.0%
1960 = 7.0%
1970 = 8.5%
1980 = 10.0% – Reagan
1982 = 11.2% – Peak
1990 = 7.0%
2000 = 2.0%
2006 = -1.1% (Negative = withdrawing from savings)
A 12.3% drop after Reagan.
4. WORKERS ALSO BORROWED TO MAKE UP FOR THE LOSS.
Household Debt as percentage of GDP:
1965 = 46%
1970 = 45%
1980 = 50% – Reagan
1990 = 61%
2000 = 69%
2007 = 95%
A 45% increase after 1980.
5. SO THE GAP BETWEEN THE RICHEST AND THE POOREST HAS GROWN.
Gap Between the Share of Capital Income earned by the top 1%
and the bottom 80%:
1980 = 10%
2003 = 56%
A 5.6 times increase.
6. AND THE AMERICAN DREAM IS GONE.
The Probably of Moving Up from the Bottom 40% to the Top 40%:
1945 = 12%
1958 = 6%
1990 = 3%
2000 = 2%
A 10% Decrease.
Links:
1 = ftp://ftp.bls.gov/pub/special.requests/pf/totalf1.txt
1 = https://www.clevelandfed.org/Research/PolicyDis/No7Nov04.pdf
1 = Clipboard01.jpg (image)
2 – http://www.whitehouse.gov/omb/blog/09/04/27/CongratulationstoEmmanuelSaez/
3 = http://www.demos.org/inequality/images/charts/uspersonalsaving_thumb.gif
3 = U.S. Bureau of Economic Analysis (BEA)
4 = Federated Prudent Bear Fund (A): Overview
4 = The Fed - Financial Accounts of the United States - Z.1 - Current Release
5/6 = 15 Mind-Blowing Facts About Wealth And Inequality In America
Overview = http://www.ourfuture.org/blog-entry/2010062415/reagan-revolution-home-roost-charts
Show me where the Pubs blocked a Dem attempt to fix the problem you speak of, you can't just throw a bunch of shit against the wall and say "SEE". You didn't address my question, I won't allow you to obfuscate.
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