Dragonlady
Designing Woman
What is increasing poverty is the lack of a meaningful raise for the working class for the past 40 years, while management received pay increases which amount to 1000% of their wages 40 years ago. CEO pay has gone from a few hundred thousand dollars to $20 million or more for corporations who pay their workers minimum wages. Taxpayers have to foot the bill for the shortfall.
The USA is the ONLY nation on earth where the working and middle class are expected to subsidize the poverty level wages for the lowest paid workers. Other nations require employers to pay their workers. Walmart pays $14 an hour in Canada, plus health care, mandated vacations and maternity leaves - all the things big American corporations say they can't afford, and yet Walmart still manages to be the most profitable company in Canada.
You're being conned by the owner classes. When you have the highest profits in American history, it's a total lie that you can't afford to pay your workers more.
Right Dem sky high taxes isn't the issue, Dem sky high taxes vampire sucking every last dollar from the poor and middle class isn't the issue...its your CEO talking point.![]()
Americans have the lowest rate of personal income taxes in the first world. Amazon is the most profitable company in the world but it pays no taxes. This myth that Americans and American Corporations are being bled white with taxes is bullshit. Record profits, record dividends every year say this is a false narrative.
The reality is that the USA is living beyond its means. Spending far more than youāre taking in. You need to get rid of your expensive military, and reduce military spending below 2% of GDP, or raise taxes. Those are your options.
If you want the infrastructure, services, security and privileges of a first world country, you need to increase revenue. Interest payments on your debt is about to eclipse social spending in the USA.