I know it’s Taboo, but let’s talk about taxes. Why were people told to hate taxes. It wasn’t for their good, it was for the good of the wealthy, the Uber wealthy.Please continue reading, dear followers.
If no revenue is brought into government, you cannot fund pension plans, you cannot fund infrastructure, small businesses collapse with no customers and only the large corporations survive. That’s the real reason to keep taxes low, defund everything and only “Large Corporations” survive and thrive and populate the Globe, like dandelion seeds! Large Corporations pay no taxes, their upper management makes obscene amounts of money, they don’t shop in small businesses, they prefer to mingle with others from large Corporations. They’ve created a homogenous world where they congregate with the same people at the same schools attending the same conferences, etc. Get the picture?
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- http://www.nytimes.com/2015/06/21/business/for-the-new-superrich-life-is-much-
more-than-a-beach.html?smprod=nytcore-iphone&smid=nytcore-iphone-share While the wealthy of the past traveled for leisure and climate,
today’s tycoons have a social calendar of conferences,
exclusive parties and art auctions.
So what if the poor get poorer and the middle class ceases to exist, it doesn’t impact their World? Why not hobble the middle and lower classes? It doesn’t matter that we provide the innovation that drives productivity. We are left out of the Uber Wealthy society except when we serve their purposes. We’re barely hanging on, while the Uber wealthy proclaims, oh my, NO REVENUE, Cut Entitlements?
They never say, too bad there’s no money for infrastructure, for small businesses, I’ll use my foundations to guarantee 1000’s of jobs. No they shift the burden of funding our Society on to the backs of the poor and the No longer prosperous Middle Class. Let us pay the taxes! Enough smoke and mirrors, enough delusion, we should no longer, as Middle Class Americans look at the poor or ourselves, we should look at the Uber wealthy and say, your turn now. Since you’ve benefited from our once great society , it’s your time to pay back .
If you study their arguments, wealth generators create jobs is ” Simply not true”, since the 1980’s as documented by Thomas Piketty on page 511, innovation has not kept pace with incomes going to the Uber Wealthy. AMERICA is falling behind in productivity and innovation. What about the Reagan tax cuts? Didn’t they have a positive effect on Productivity? The answer to that question is on page 510. Productivity has remained as a constant, even decreasing somewhat, while wealth at the top has increased.
Supply side economics don’t work. America was most productive and innovative when taxes on the wealthy were at 80-90% of their income. Everyone worked harder and people thought smarter. I remember the boxes for innovative ideas and the bonus given if your idea was chosen by the Corporation. Truly we were all in “it together ” then. Not now!
There are many ways to bring equality back. First , you have to admit the truth, we’ve created monsters of greed who are incapable of producing anything of lasting importance. Some of them rail against The Pope, because he cares about humanity! If we care about our own fate and the fate of our Democracy we can no longer remain silent.
It’s time for the Huber wealthy to pay their fair share. I don’t believe decent people will object to resetting the scales of Justice and equality. Whether it’s a Tax on Capital, plus an estate tax, plus a lowering of the Corporate tax to 28% with all loop holes closed or a combination of the above. Start now to demand change. That would be the beginning of the end of the great wealth transfer of 2016.
- Think about your condition and think, how would taxing incomes of $100,000,000 and up effect me?
- How much more accountable , verifiable revenue would we accrue?
- Think about the estates of those with $100,000,000 and Billions in assets( all assets, real estate, art, stock, bonds) a global cooperation to account for massive wealth. To be taxed and distributed judiciously in the Country where their taxes are normally paid. (Details to be worked out by concerned citizens.)
How would the added revenue effect me? If you can’t visualize trillions returning to government coffers, you’re not concentrating. Trillions returned to governments means, more money for education, infrastructure, IT, shops, pensions, whatever most of our citizens think are important. But most important of all, the health and well being of our people would improve as the Corporate welfare state dissolves and creates a more just society for all of us. Allowing innovation to flourish once again.
That’s what I want for AMERICA, a just , compassionate , healthy , caring society. No more catering to the Uber Wealthy. Let’s agree to change our selves and support the rest of the World as they follow our example. Then maybe, we’ll be able to support the Pope who rightly states that we should preserve our planet from the ravages of Climate Change. Let’s prove we can learn from history and not repeat it. Together, we can change our World.