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The banks get bailed out, the poor get subsidies and welfare,.... "what about the middle class"? who can't get one damn bit of help. The poor have no incentive because as their income rise, their subsidies are taken away.
As the middle class works harder, work OT, a 2nd job to make more money trying to get ahead, the more they make the more money the government takes. Our progressive tax code keeps the middle class in a trap. The middle class needs to worry about themselves instead of buying into the "what about the poor" rhetoric. The middle class is trying to do the right thing, trying to support their families but they are not in financial good health yet they are expected to give what they don't have.
What about the middle class who's footing the bill for everyone else but who are struggling to pay their own bills?
Again *sigh* your missing the point. The last time the wealth gap was this wide was just before the great depression, the great depression where a great amount of people stood in souplines, investors jumped out of windows from skyrises. Majority of your welfare clowns are working at least parttime now petch and the middle class is dying and welfare rolls are high. But some how, After-tax profits for American corporations hit another record high last year, rising to $1.68 trillion in 2012 and continues to rise every year. The profits have helped boost CEO pay: Among 50 public companies, they saw a 4.1 percent increase in pay at the median last year, netting $9.8 million at that mark. That’s after average CEO pay hit a record high in 2012. Why is it when things are bad, the only ones profiting are big money? The problem and issue is almost nothing now is tricking down to the rest of us. But instead we are focused on the guys making 1,200 mth not paying taxes or contributing?
THANKS, this is thought provoking. So the whole discussion is just a distraction from the real issues.
One could claim that the system in this country allows the accumulation of great wealth so the top tier of taxpayers should pay more (even though they pay the majority of taxes already).
On the other hand perhaps one could claim that an open system and unregulated economy with low taxes is the best way to drive job creation. I personally believe this is only true when everyone plays by the same rules and they don't in a global economy (our biggest trading partners are subsidizing their national interests).
But obviously that isn't the case. When After-tax profits for American corporations hit another record high last year, rising to $1.68 trillion. The ideal is to put more money into the corporations and rich hands and the trickle down benefit is job creation and etc but greed wins out. Now instead of higher pay for workers. CEOs and investors won, jobs went overseas.
I'm sure most in the US would rather stop corporations and banks from destroying their country and future than to have a measly retirement account they may never see.
I'm sure most in the US would rather stop corporations and banks from destroying their country and future than to have a measly retirement account they may never see.
Well the richest 1% can still retire. You know, the people with the actual wealth....
"According to a 2015 analysis of CPS labor force participation data, the average retirement age in 2013 "was about 64 for men and about 62 for women", about the same as a decade ago."
I'm sure most in the US would rather stop corporations and banks from destroying their country and future than to have a measly retirement account they may never see.
You'd be wrong. See anyone willing to give up their pensions and/or retirement accounts? I haven't seen anyone do so.
The difference is that the "welfare guys" don't contribute to society. They just leech resources off of it. All while demanding that we pay for more "free" stuff for them.
We, the middle class, aren't asking for more and more handouts. All we ask is that we get to keep a bit more of the money that we earned while working at our jobs.
- Raise the cost of health insurance dramatically.
- Make it mandatory.
- Enforce it using the IRS.
- Give subsidies to the poor.
- Put the entire burden on the middle class.
Democrats are solely responsible for making this happen.
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