The Elephant in America's Living Room - Income Inequality
*It’s time for the wealthiest Americans and big corporations to pay their fair share of taxes. [b]When they take unfair advantage of the many loopholes in the tax code the rest of us pick up the tab.[/b]
*Instead of cutting education funding for our children, we should ask millionaires to pay a tax rate at least as high their secretary’s.
*Instead of cutting Social Security and Medicare, we should ask the wealthy to give up a few tax loopholes so that we can make sure everyone has a secure retirement.
*The richest 1% of Americans own 35% of the nation’s wealth. The bottom 80% own just 11% of the nation’s wealth.
@MarmeeMarch When corporations get bail-outs, subsidies and tax breaks from the government they use it all for stock buy-backs, which are totally non-productive and create no jobs.
The Chinese did not 'take' American jobs - corporations gave away our jobs to increase their profits and break the unions. I say when corporations off-shore America manufacturing jobs Congress should tax the shorts off those corporations. And eliminate all those tax loop-holes.
