Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Whether you think it's a good thing or not, here is how unequal the distribution of wealth is in this country:
So, do you think the income inequality in this country, which is by far the worst in the developed world, is due to the high government regulation and high taxes on the rich?
If we got rid of government regulation and lowered taxes on the rich, would the income inequality improve?
Whether you think it's a good thing or not, here is how unequal the distribution of wealth is in this country:
So, do you think the income inequality in this country, which is by far the world in the developed world, is due to the high government regulation and high taxes on the rich?
If we got rid of government regulation and lowered taxes on the rich, would the income inequality improve?
I'm not sure what you are asking? Income inequality in the USA is the highest among Western powers and growing.
It's growing because USA voters buy into right wing propaganda that says making the rich pay their fair share is "class warfare". They've also damaged unions by so called "right to work" laws.
Here is a graph showing the increase in inequality over the years along with other Nations.
You'll notice the nicest places to live in the World have low income inequality..
The gap between rich and poor is the highest in our Nation's history....and it's about to increase it by leaps and bounds when they let the GOP cut Social Security and Medicare.
Last edited by padcrasher; 06-03-2011 at 05:09 PM..
We tax the rich and corporations to little? Corporations that pay no tax or receive billions in refunds? Warren Buffett pays 12% and that's too high? Are you sane?
I don't get this obsession with "income equality". Why does it matter how much the other guy makes? Seriously? He could be driving aircraft carriers to work for all I care. What matters is the standard of living of the average Joe. Nothing has improved the lot in life of the the everyman more than the idea of social and economic liberty as a natural right which was sparked in the age of enlightenment.
Society doesn't improve by taking from some and giving to others. Society improves by embracing freedom.
Location: East of Seattle since 1992, 615' Elevation, Zone 8b - originally from SF Bay Area
44,585 posts, read 81,225,683 times
Reputation: 57825
Quote:
Originally Posted by flash3780
Society doesn't improve by taking from some and giving to others. Society improves by embracing freedom.
We are all free to work hard and make money or not. A truly fair tax system would be the same amount per person regardless of their income. Fair property tax would be the same for every property owner regardless of the home value.
I don't get this obsession with "income equality". Why does it matter how much the other guy makes? Seriously? He could be driving aircraft carriers to work for all I care.
You answered your own question:
"What matters is the standard of living of the average Joe."
Quote:
Society doesn't improve by taking from some and giving to others.
What is the basis of ameliorating income disparity but the equitable compensation derived from the fruits of one's labor? And why is the recurring meme regarding income distribution always couched in the misconception that it is based upon simply taking from one group and "giving" it to another, certainly that isn't even close to the meaning as it has been broached in conversations regarding the political economy of the United States over last decade.
So, do you think the income inequality in this country, which is by far the worst in the developed world, is due to the high government regulation and high taxes on the rich?
No, it is due to the fact that the current US Middle Class is the without a doubt the stupidest Middle Class in the history of the universe, including parallel and alternate universes that theoretically may or may not exist.
No Middle Class has ever worked so hard or diligently to throw away their money for no good reason whatsoever.
Whether you think it's a good thing or not, here is how unequal the distribution of wealth is in this country:
So, do you think the income inequality in this country, which is by far the worst in the developed world, is due to the high government regulation and high taxes on the rich?
If we got rid of government regulation and lowered taxes on the rich, would the income inequality improve?
Our corporate tax rates force internationals to move profitable operations to low tax nations while less profitable operations are performed here. By doing this they pay less in taxes. We screw ourselves out of revenue and jobs by being greedy.
What is the basis of ameliorating income disparity but the equitable compensation derived from the fruits of one's labor? And why is the recurring meme regarding income distribution always couched in the misconception that it is based upon simply taking from one group and "giving" it to another, certainly that isn't even close to the meaning as it has been broached in conversations regarding the political economy of the United States over last decade.
Not one decade. Reaganomics never quit. Our foreign policy has been persistently geared to accommodate multi national corporations skirting the law & dodging taxes at the expense of American corps and small business. They've been destroying unions in the process, and when they're not gone fast enough, strong arm the government or animate morons to attack teachers.
The republican plan is banana republic. Start planting rice paddies, manufacture arms or join the new world order corporate league. Economic recovery needs global trade balance back on the table.
If you're standard of living increases each year does it really matter if there is such a gap? Would you want a better distribution if it was at the expense of a better life?
Quote:
The hon. Gentleman is saying that he would rather that the poor were poorer, provided that the rich were less rich. That way one will never create the wealth for better social services, as we have. What a policy. Yes, he would rather have the poor poorer, provided that the rich were less rich. That is the Liberal policy.
-Margaret Thatcher
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
