US inequality of wealth....shocking statistics

[Kirkland Laing]

You don't need to. Redistributing national income more equitably means you get a balanced stable economy with no huge economic creshes, mass unemployment etc.

And gumdrop houses and unicorn princesses and rainbows as faaaaar as the eye can see

The 1950s, 60s and 70s. A 91% top rate of income tax in the 1950s and at the same time the strongest period of economic growth in American history.

[El Kabong]

The 1950s, 60s and 70s. A 91% top rate of income tax in the 1950s and at the same time the strongest period of economic growth in American history.

OK so incredibly high taxation CAUSED growth....ok, that works for me

[Gandalf]

The 1950s, 60s and 70s. A 91% top rate of income tax in the 1950s and at the same time the strongest period of economic growth in American history.

OK so incredibly high taxation CAUSED growth....ok, that works for me

Can you explain your objection to the superrich paying in a progressive taxation system without using loopholes to end up paying proportionally less than people on far lower incomes?

[El Kabong]

The 1950s, 60s and 70s. A 91% top rate of income tax in the 1950s and at the same time the strongest period of economic growth in American history.

OK so incredibly high taxation CAUSED growth....ok, that works for me

Can you explain your objection to the superrich paying in a progressive taxation system without using loopholes to end up paying proportionally less than people on far lower incomes?

I don't know, can you defend lazy assholes abusing welfare and disability funds supplied by taxes from the aforementioned "superrich"?

[Gandalf]

The 1950s, 60s and 70s. A 91% top rate of income tax in the 1950s and at the same time the strongest period of economic growth in American history.

OK so incredibly high taxation CAUSED growth....ok, that works for me

Can you explain your objection to the superrich paying in a progressive taxation system without using loopholes to end up paying proportionally less than people on far lower incomes?

I don't know, can you defend lazy assholes abusing welfare and disability funds supplied by taxes from the aforementioned "superrich"?

The impact of the welfare recipients, is infinitely tiny compared to the impact made by the super rich. The rich in any society have an obligation to pay more. It's a progressive taxation system. Nobody is making them poor and in fact they aren't even paying their share anyway as they hide their money.

The debt of your country is so high because of the elite and they are handing money over to the elite. You could give every unemployed person 100,000 dollars for that, or wipe out student debt and give a cash incentive to look for a job. Instead, they gave it to banks who sat on the money and swapped it with the government.

If you really wanted people to spend and stimulate an economy, you should have instead have given free money to the people who have less. At least they would have bought things and put it in the economy. The US showed it's true colours.

The goal is money printing, inflation, and the erasing of debt all at the expense of the middle classes. The rich are protected as they are rich and have handouts, the poor are safe as they had nothing and get handouts, the victims are the middle classes; they are getting gauged to pay for all the shoddy crooks.

[El Kabong]

We HAVE "Progressive taxation" you dolt! And what does it do?

You know why the liberals love taxes? Because they don't fucking pay taxes!

[Gandalf]

Of course, but less progressive than in the past.

Liberals....no idea what that means in your language. But the middle classes pay their heavy share and are being eradicated. It hasn't been enough to destroy entire countries, but you had to turn upon your own populace too. It will be a disaster. This year or next, your economy will tank and of course bring the world down with it. Or else Japan gets there first. Or Britain. They are all on the same path.

[Beanz]

You can't put a giant word salad on toast.Jam on the other hand is great on toast. Jam toasts companion and friend like a long term gay couple without a dog.Jam.

[El Kabong]

You can't put a giant word salad on toast.Jam on the other hand is great on toast. Jam toasts companion and friend like a long term gay couple without a dog.Jam.

Brockton

[Kirkland Laing]

The 1950s, 60s and 70s. A 91% top rate of income tax in the 1950s and at the same time the strongest period of economic growth in American history.

OK so incredibly high taxation CAUSED growth....ok, that works for me

I didn't say it did. I'm saying that it clearly doesn't prevent economic growth. It does prevent unstable economies and volatility in financial markets, the situation we find ourselves in now.