EdwardBaiamonte
Platinum Member
- Nov 23, 2011
- 34,612
- 2,153
The facts should anger you.
You say any person deserves to keep every cent they make. That would be fine, except that most of the people in the top 5% are not EARNING all of the money that they are MAKING.
Why ignore the evidence?
Wealth And Inequality In America
Productivity and profits are up, yet wages for the middle class haven't changed over the last few decades unlike the 1%
I don't think that I should make more money simply because of the top 5%. I just the think the wealthy should pay a fair tax that would go to benefit programs for lower level workers. In doing so, their hardwork can be fulfilled.
When you are talking about the 1%--which equates to people who are making over 300K per year. The top 5% bracket are 250K & over. Meaning that the other 95% are in income brackets--from 250K and below--(which is the MIDDLE CLASS.)
Now if you really believe that 160 MILLION working Americans are going to "split" up the income on 1% of the population and come up with an extra dime in their pockets--you're sadly mistaken. The MATH is just not there for that.
yes its joke on liberals. Obama's proposed tax on the rich will yield $80 billion a year. Thats about 8% of the yearly budget deficit.
The liberals need to cover the other 92%, somehow, just to balance the budget, but this says nothing about paying off the $16 trillion national debt.
BO has the liberals perfectly brainwashed that taxing the rich will solve our problems. They are not smart enough to feel like fools.