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Old 08-14-2015, 10:03 AM
 
Location: US
17,932 posts, read 17,851,499 times
Reputation: 13935

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If taxes are at some of their lowest levels in history, and the wealthiest in this country are richer than ever, why hasnít the growth in the wealth of the middle class matched that of the top 2%?

#Exposing Republican Lies#
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Old 08-14-2015, 10:05 AM
 
Location: Austin
12,245 posts, read 6,958,901 times
Reputation: 13507
In a nutshell, because job growth in well paying jobs has been beyond crappy and raises have been nil for years due to abysmal policies perpetrated by this administration.
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Old 08-14-2015, 10:07 AM
 
45,269 posts, read 17,970,471 times
Reputation: 18958
Quote:
Originally Posted by bmw335xi View Post
If taxes are at some of their lowest levels in history, and the wealthiest in this country are richer than ever, why hasnít the growth in the wealth of the middle class matched that of the top 2%?

#Exposing Republican Lies#
You don't pay taxes if you don't have work, so low tax rate is irrelevant.

The middle class has gotten smaller under Obama and the average household income has shrunk as well.

Now if you are a 1%ter, then you love Obama as you have done quite well.
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Old 08-14-2015, 10:26 AM
 
18,935 posts, read 9,646,556 times
Reputation: 5303
Because the Democrats have created more mouths to feed.
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Old 08-14-2015, 10:30 AM
 
12,050 posts, read 11,153,636 times
Reputation: 10009
It's only been 35 years. Give the policy more time to work. Geeze.
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Old 08-14-2015, 10:36 AM
 
3,537 posts, read 2,305,908 times
Reputation: 1025
Quote:
Originally Posted by bmw335xi View Post
If taxes are at some of their lowest levels in history, and the wealthiest in this country are richer than ever, why hasnít the growth in the wealth of the middle class matched that of the top 2%?

#Exposing Republican Lies#
The middle class' economic status is not affected by just one factor such as a small difference in the tax rate on the top 1% of earners.

There are so many factors in our 15 trillion dollar economy that will have an effect on the middle class.
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Old 08-14-2015, 11:31 AM
Status: "1st day of summer feels like fall" (set 25 days ago)
 
5,482 posts, read 3,219,857 times
Reputation: 2142
Quote:
Originally Posted by bmw335xi View Post
If taxes are at some of their lowest levels in history, and the wealthiest in this country are richer than ever, why hasnít the growth in the wealth of the middle class matched that of the top 2%?

#Exposing Republican Lies#
The ACA is a tax or is it a fine? I always have gotten a refund on my taxes at the end of the year but not with Obama administration I had to pay 1% of my gross income and all I got was this lousy Bronze plan so I don't get penalized again to pay for the have not's heath care.
A friend of mine who works in the insurance industry said here in Ohio business is booming and it isn't Obama's doing. Our governor has lowered taxes balanced the budget and created real jobs and he is running for President...
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Old 08-14-2015, 12:04 PM
 
Location: SF Bay Area
14,330 posts, read 19,549,496 times
Reputation: 18436
Because "trickle down" is the most absurd economic concept in history. It has never worked for the benefit of all and never will.
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Old 08-14-2015, 12:08 PM
 
13,139 posts, read 4,486,263 times
Reputation: 6411
Quote:
Originally Posted by bmw335xi View Post
If taxes are at some of their lowest levels in history, and the wealthiest in this country are richer than ever, why hasnít the growth in the wealth of the middle class matched that of the top 2%?

#Exposing Republican Lies#
Dude, you really are clueless. Progressives (both parties) WANT globalism which favors outsourcing and offshoring. It also favors multinational shareholdings in the major corporations. Those shareholders don't give a crap about the workers in those companies. Tell me, how is the middle class supposed to increase their wealth when there aren't enough jobs for the middle class and the flood of illegal immigration is making it even worse? You sound young, you really should read Levin's book Plunder and Deceit, it was written for people like yourself.
#ExposingTheCheerleadersOfTheirOwnDemise#
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Old 08-14-2015, 12:08 PM
 
Location: Florida
22,329 posts, read 9,489,425 times
Reputation: 18227
Quote:
Originally Posted by texan2yankee View Post
In a nutshell, because job growth in well paying jobs has been beyond crappy and raises have been nil for years due to abysmal policies perpetrated by this administration.
Check your history. The low wage issue began well before Obama was even nominated.
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