Canadian middle class passes American- Thanks Reaganism...

[whitehall]

The worst thing president Jimmie Carter did was to pardon every stinking draft dodger who renounced his citizenship and fled to Canada during the Vietnam war. Why did they want to come back?

 

[Papageorgio]

According to a New York Times report, the rich in the US are getting richer, but the poor and middle classes are falling behind some of their Western peers.

"Middle-class incomes in Canada - substantially behind in 2000 - now appear to be higher than in the United States," David Leonhardt and Kevin Quealy write. "The poor in much of Europe earn more than poor Americans."

The UK median income is still behind that of the US, but it's catching up fast - a 19.7% increase since 2000. This is the same increase as Canada's, whereas the US number was up by only 0.3%. (It's worth noting that Germany's middle class is also stagnating - at 1.4%.)

The Times reporters based their conclusions on a survey of household incomes in about 20 countries over the course of 35 years, taking into account inflation, differences in taxes, government benefits and cost of living in different locations.

"With a big share of recent income gains in this country flowing to a relatively small slice of high-earning households, most Americans are not keeping pace with their counterparts around the world," they write.

The reporters point to three reasons why all but the wealthiest American may be falling behind:

First, educational attainment in the United States has risen far more slowly than in much of the industrialized world over the last three decades, making it harder for the American economy to maintain its share of highly skilled, well-paying jobs…

A second factor is that companies in the United States distribute a smaller share of the bounty to the middle class and poor than similar countries elsewhere…

Finally, governments in Canada and Western Europe take more aggressive steps to raise the take-home pay of low- and middle-income households by redistributing income.

The struggle for middle- and lower-class Americans is reflected in public opinion polls, the reporters write, which generally show greater dissatisfaction with their government than in other Western nations.

BBC News - Canada passes US in middle-class wealth

Could we PLEASE have the rich pay their fair share so we can invest in America and Americans? This is getting ridiculous, hater dupes. See sig pp 1...

Class envy troll thread...

Well somebody has been holding down wage growth for middle class over three decades and that's despite record productivity.
It seems there is an ideology who could give a shit about the middle class. The middle class has every right to be pissed and it isn't class envy!
It seems just about every economist agrees, the middle class has severely been weakened.

After this President has increased the width, what the hell do we need to do. Elected officials, whether Democrats or Republicans keep electing those that increase the spread. Who do you vote for? Hillary? That won't change anything, yet that is what Dems will do. On the Republican side you get Trump, so we will have no champion for the middle class.

 

[francoHFW]

The worst thing president Jimmie Carter did was to pardon every stinking draft dodger who renounced his citizenship and fled to Canada during the Vietnam war. Why did they want to come back?

Because they loved America more than chickenhawk a-holes?

 

[francoHFW]

According to a New York Times report, the rich in the US are getting richer, but the poor and middle classes are falling behind some of their Western peers.

"Middle-class incomes in Canada - substantially behind in 2000 - now appear to be higher than in the United States," David Leonhardt and Kevin Quealy write. "The poor in much of Europe earn more than poor Americans."

The UK median income is still behind that of the US, but it's catching up fast - a 19.7% increase since 2000. This is the same increase as Canada's, whereas the US number was up by only 0.3%. (It's worth noting that Germany's middle class is also stagnating - at 1.4%.)

The Times reporters based their conclusions on a survey of household incomes in about 20 countries over the course of 35 years, taking into account inflation, differences in taxes, government benefits and cost of living in different locations.

"With a big share of recent income gains in this country flowing to a relatively small slice of high-earning households, most Americans are not keeping pace with their counterparts around the world," they write.

The reporters point to three reasons why all but the wealthiest American may be falling behind:

First, educational attainment in the United States has risen far more slowly than in much of the industrialized world over the last three decades, making it harder for the American economy to maintain its share of highly skilled, well-paying jobs…

A second factor is that companies in the United States distribute a smaller share of the bounty to the middle class and poor than similar countries elsewhere…

Finally, governments in Canada and Western Europe take more aggressive steps to raise the take-home pay of low- and middle-income households by redistributing income.

The struggle for middle- and lower-class Americans is reflected in public opinion polls, the reporters write, which generally show greater dissatisfaction with their government than in other Western nations.

BBC News - Canada passes US in middle-class wealth

Could we PLEASE have the rich pay their fair share so we can invest in America and Americans? This is getting ridiculous, hater dupes. See sig pp 1...

Class envy troll thread...

Well somebody has been holding down wage growth for middle class over three decades and that's despite record productivity.
It seems there is an ideology who could give a shit about the middle class. The middle class has every right to be pissed and it isn't class envy!
It seems just about every economist agrees, the middle class has severely been weakened.

After this President has increased the width, what the hell do we need to do. Elected officials, whether Democrats or Republicans keep electing those that increase the spread. Who do you vote for? Hillary? That won't change anything, yet that is what Dems will do. On the Republican side you get Trump, so we will have no champion for the middle class.

He wasn't able to STOP the spread, defended to the death by Pubs, dupe. Hopefully this year the Dems will get filibuster proof control. Or maybe Pubs might act like human beings...

 

[Toddsterpatriot]

The Gipper declared war on the middle-class of this great nation and decimated iy to making sustenance wages. Thanks Repub useful idiots.

The Gipper declared war on the middle-class of this great nation

Yeah, by cutting middle class taxes. LOL!

Also hit them with much higher payroll taxes- and of course states and local taxes and fees went up to make up for fed aid shortfalls- higher for nonrich.

Also hit them with much higher payroll taxes-

Much higher? Really?

How much did Reagan raise them?

and of course states and local taxes and fees went up to make up for fed aid shortfalls-

The Dem House allowed cuts in Fed aid? Why would the Dems do that?

 

[Toddsterpatriot]

Pub dupes- simply amazing ignorance.

You're amazingly ignorant and you're a Dem dupe, so what's your point?

 

[francoHFW]

The Gipper declared war on the middle-class of this great nation and decimated iy to making sustenance wages. Thanks Repub useful idiots.

The Gipper declared war on the middle-class of this great nation

Yeah, by cutting middle class taxes. LOL!

Also hit them with much higher payroll taxes- and of course states and local taxes and fees went up to make up for fed aid shortfalls- higher for nonrich.

Also hit them with much higher payroll taxes-

Much higher? Really?

How much did Reagan raise them?

and of course states and local taxes and fees went up to make up for fed aid shortfalls-

The Dem House allowed cuts in Fed aid? Why would the Dems do that?

Because they believe in compromise, honeymoons, and good government.

 

[francoHFW]

The Gipper declared war on the middle-class of this great nation and decimated iy to making sustenance wages. Thanks Repub useful idiots.

The Gipper declared war on the middle-class of this great nation

Yeah, by cutting middle class taxes. LOL!

Also hit them with much higher payroll taxes- and of course states and local taxes and fees went up to make up for fed aid shortfalls- higher for nonrich.

Also hit them with much higher payroll taxes-

Much higher? Really?

How much did Reagan raise them?

and of course states and local taxes and fees went up to make up for fed aid shortfalls-

The Dem House allowed cuts in Fed aid? Why would the Dems do that?

Reagan feqed the middle class with that, then raided it to make up for his idiotic tax cuts...
Ronald Reagan and The Great Social Security Heist : FedSmith.com

 

[westwall]

Reagan... And you wonder why people call you a clown.. Obama has enriched the elites far more than Ronnie Raygun ever could have hoped to do. And you spread your cheeks and ask for more. Talk about a dupe...dude, you're it!

 

[francoHFW]

Pub dupes- simply amazing ignorance.

You're amazingly ignorant and you're a Dem dupe, so what's your point?

I have a Masters in History and don't believe the crap on the Pub Propaganda machine. Brainwashing is all the keeps Pubs close, functional moron. A disgrace.

 

[Toddsterpatriot]

Now, to the thread at hand. What makes America better than the Middle East is socialism. What makes Canada and Europe's middle class stronger than America's middle class is socialism.

Taxes aren't even that much higher in Canada, it's just that their government hasn't rewritten their tax code in order to help the rich whittle down what they owe, some by more than half, like the way it is here.

Even many establishment Republicans think tax loopholes that only the rich enjoy should be closed, like the one that encourages business to leave America and go overseas.

I wasn't brought up to think about what's left and right; I was brought up to think about right and wrong and that's just plain wrong and needs to be reversed. Unfortunately, Republicans don't even seem to care that their own politicians don't give a hoot about reversing that.

tax loopholes that only the rich enjoy should be closed, like the one that encourages business to leave America and go overseas.


LOL! I'd love to see this loophole.
Spell it out please. With links. Maybe actual legislation?

 

[il Tupe]

Don't worry President il Tupe will reverse the trend.

 

[Toddsterpatriot]

The Gipper declared war on the middle-class of this great nation and decimated iy to making sustenance wages. Thanks Repub useful idiots.

The Gipper declared war on the middle-class of this great nation

Yeah, by cutting middle class taxes. LOL!

Also hit them with much higher payroll taxes- and of course states and local taxes and fees went up to make up for fed aid shortfalls- higher for nonrich.

Also hit them with much higher payroll taxes-

Much higher? Really?

How much did Reagan raise them?

and of course states and local taxes and fees went up to make up for fed aid shortfalls-

The Dem House allowed cuts in Fed aid? Why would the Dems do that?

Reagan feqed the middle class with that, then raided it to make up for his idiotic tax cuts...
Ronald Reagan and The Great Social Security Heist : FedSmith.com

So you can't tell me how much Reagan raised payroll taxes?
Just give me the number that proves your claim.

 

[Toddsterpatriot]

The Gipper declared war on the middle-class of this great nation and decimated iy to making sustenance wages. Thanks Repub useful idiots.

The Gipper declared war on the middle-class of this great nation

Yeah, by cutting middle class taxes. LOL!

Also hit them with much higher payroll taxes- and of course states and local taxes and fees went up to make up for fed aid shortfalls- higher for nonrich.

Also hit them with much higher payroll taxes-

Much higher? Really?

How much did Reagan raise them?

and of course states and local taxes and fees went up to make up for fed aid shortfalls-

The Dem House allowed cuts in Fed aid? Why would the Dems do that?

Because they believe in compromise, honeymoons, and good government.

It's good government to cut Fed aid? Okay.
And hit them with much higher payroll taxes as well.
If you say so. LOL!

 

[Toddsterpatriot]

Pub dupes- simply amazing ignorance.

You're amazingly ignorant and you're a Dem dupe, so what's your point?

I have a Masters in History and don't believe the crap on the Pub Propaganda machine. Brainwashing is all the keeps Pubs close, functional moron. A disgrace.

I have a Masters in History

Just goes to show you how they've dumbed down education lately.

Brainwashing is all the keeps Pubs close

After Hope and Change, you're going to talk about Pubs getting brainwashed?
I don't care who you are, that's funny right there!

 

[francoHFW]

The Gipper declared war on the middle-class of this great nation and decimated iy to making sustenance wages. Thanks Repub useful idiots.

The Gipper declared war on the middle-class of this great nation

Yeah, by cutting middle class taxes. LOL!

Also hit them with much higher payroll taxes- and of course states and local taxes and fees went up to make up for fed aid shortfalls- higher for nonrich.

Also hit them with much higher payroll taxes-

Much higher? Really?

How much did Reagan raise them?

and of course states and local taxes and fees went up to make up for fed aid shortfalls-

The Dem House allowed cuts in Fed aid? Why would the Dems do that?

Because they believe in compromise, honeymoons, and good government.

It's good government to cut Fed aid? Okay.
And hit them with much higher payroll taxes as well.
If you say so. LOL!

It's good gov't to COMPROMISE and respect elections.

 

[francoHFW]

Listen to all the crap Raygun did to the middle class, fool.

"Two bills passed in 1982 and 1984 together"constituted the biggest tax increase ever enacted during peacetime," Thorndike said.

The bills didn't raise more revenue by hiking individual income tax rates though. Instead they did it largely through making it tougher to evade taxes, and through "base broadening" -- that is, reducing various federal tax breaks and closing tax loopholes.

For instance, more asset sales became taxable and tax-advantaged contributions and benefits under pension plans were further limited.

"What people forget about Ronald Reagan was that he very much converted to base broadening as a means of reducing deficits and as a means of tax reform," said Eugene Steuerle, an Institute Fellow at the Urban Institute who had helped lay the groundwork for tax reform in 1986 and served as a deputy assistant Treasury secretary during Reagan's second term.

There were other notable tax increases under Reagan.

In 1983, for example, he signed off on Social Security reform legislation that, among other things, accelerated an increase in the payroll tax rate, required that higher-income beneficiaries pay income tax on part of their benefits, and required the self-employed to pay the full payroll tax rate, rather than just the portion normally paid by employees".


The tax reform of 1986, meanwhile, wasn't designed to increase federal tax revenue. But that didn't mean that no one's taxes went up. Because the reform bill eliminated or reduced many tax breaks and shelters, high-income tax filers who previously paid little ended up with bigger tax bills.

Taxes: What people forget about Reagan - Sep. 8, 2010

 

[francoHFW]

Now, to the thread at hand. What makes America better than the Middle East is socialism. What makes Canada and Europe's middle class stronger than America's middle class is socialism.

Taxes aren't even that much higher in Canada, it's just that their government hasn't rewritten their tax code in order to help the rich whittle down what they owe, some by more than half, like the way it is here.

Even many establishment Republicans think tax loopholes that only the rich enjoy should be closed, like the one that encourages business to leave America and go overseas.

I wasn't brought up to think about what's left and right; I was brought up to think about right and wrong and that's just plain wrong and needs to be reversed. Unfortunately, Republicans don't even seem to care that their own politicians don't give a hoot about reversing that.

tax loopholes that only the rich enjoy should be closed, like the one that encourages business to leave America and go overseas.


LOL! I'd love to see this loophole.
Spell it out please. With links. Maybe actual legislation?

Do you know ANYTHING beside Pubcrappe, ya GD arrogant zombie. What a gd waste of time you cretins are...

 

[francoHFW]

The Gipper declared war on the middle-class of this great nation and decimated iy to making sustenance wages. Thanks Repub useful idiots.

The Gipper declared war on the middle-class of this great nation

Yeah, by cutting middle class taxes. LOL!

Also hit them with much higher payroll taxes- and of course states and local taxes and fees went up to make up for fed aid shortfalls- higher for nonrich.

Also hit them with much higher payroll taxes-

Much higher? Really?

How much did Reagan raise them?

and of course states and local taxes and fees went up to make up for fed aid shortfalls-

The Dem House allowed cuts in Fed aid? Why would the Dems do that?

Reagan feqed the middle class with that, then raided it to make up for his idiotic tax cuts...
Ronald Reagan and The Great Social Security Heist : FedSmith.com

So you can't tell me how much Reagan raised payroll taxes?
Just give me the number that proves your claim.

He raised them a lot, and raided them . No one says exactly, you find it, you ignorant twerp. You appear to know nothing but talking points.

 

[francoHFW]

from link- "In 1983, for example, he signed off on Social Security reform legislation that, among other things, accelerated an increase in the payroll tax rate, required that higher-income beneficiaries pay income tax on part of their benefits, and required the self-employed to pay the full payroll tax rate, rather than just the portion normally paid by employees".