HomeLatest ThreadsGreatest ThreadsForums & GroupsMy SubscriptionsMy Posts
DU Home » Latest Threads » Forums & Groups » Retired » Retired Forums » 2016 Postmortem (Forum) » Why should the rich pay m... » Reply #5
In the discussion thread: Why should the rich pay more taxes? [View all]

Response to Dark n Stormy Knight (Original post)

Sun Nov 11, 2012, 03:59 PM

5. Remember that for the past 30 years wealth has been redistributed upwards.

The wealthy business owners and CEOs used to pay their workers to keep up with inflatiuon

Then they decided that they just needed to pay the stockholders dividends
so they would keep investing.

and they could keep more of the money from their businesses
(because they have the power and control) so there was very little trickle left.

Yearly bonuses and increases for the middle class did not keep up with inflation so
we worked year after year for less and less money

Until we got to the point where we figured we may no be able to retire and we would
eventually, die at our desks and never retire -SO, we started to save more money
so we could retire and we didn't buy goods to support the businesses of the wealthy.

Here is the key:
Now, the wealthy have accumulated money over the past 30 years that they have invested
and from which, they collect income and will continue to do so.

What we are asking is that the wealthy business owners and CEOs start increasing wages
so that the middle class will be able to buy goods and support the businesses of the wealthy.
Some of the wealthy see the wisdom to this and say - Hey, we've had it good for quite a while.
Now we should start paying a little bit more (Right Mr. Buffet?) so our businesses don't fail and
we keep being RICH!

But, it seems that the nevou riche want more, more, more and the Repukes, who are paid/bought
by the rich and wealthy and who have signed a "pledge" with Grover won't dare to besmearch
their reputations by breaking their "pledge" even though they can lie thru their teeth during
elections and suggesting that the Dems are stealing from them when the Repukes and Lyin' Ryan
say straight out that they will take $713M out of Medicare so they can give it to the wealthy.
Duh! O.K. boss. Whatever you say.


Reply to this post

Back to OP Alert abuse Link to post in-thread

Always highlight: 10 newest replies | Replies posted after I mark a forum
Replies to this discussion thread
Arrow 49 replies Author Time Post
Dark n Stormy Knight Nov 2012 OP
Live and Learn Nov 2012 #1
Dark n Stormy Knight Nov 2012 #3
TracyP Dec 2012 #37
Gregorian Nov 2012 #2
Dark n Stormy Knight Nov 2012 #4
meow2u3 Nov 2012 #16
Grown2Hate Nov 2012 #18
Dark n Stormy Knight Nov 2012 #32
theKed Nov 2012 #26
Dark n Stormy Knight Nov 2012 #33
theKed Nov 2012 #35
Dark n Stormy Knight Nov 2012 #36
LineReply Remember that for the past 30 years wealth has been redistributed upwards.
socialindependocrat Nov 2012 #5
Dark n Stormy Knight Nov 2012 #7
socialindependocrat Nov 2012 #12
Dark n Stormy Knight Nov 2012 #17
socialindependocrat Nov 2012 #24
Dark n Stormy Knight Nov 2012 #28
Warpy Nov 2012 #6
Dark n Stormy Knight Nov 2012 #9
Rosa Luxemburg Nov 2012 #8
Dark n Stormy Knight Nov 2012 #10
Rosa Luxemburg Nov 2012 #21
Dark n Stormy Knight Nov 2012 #25
Rosa Luxemburg Nov 2012 #30
Dark n Stormy Knight Nov 2012 #11
LineReply .
Prometheus_unbound Nov 2012 #13
Dark n Stormy Knight Nov 2012 #14
IphengeniaBlumgarten Nov 2012 #19
Dark n Stormy Knight Nov 2012 #23
meow2u3 Nov 2012 #15
Dark n Stormy Knight Nov 2012 #27
begin_within Nov 2012 #20
sorechasm Nov 2012 #22
renate Dec 2012 #44
Dark n Stormy Knight Nov 2012 #29
Nerdette Nov 2012 #31
Dark n Stormy Knight Nov 2012 #34
TracyP Dec 2012 #38
hunter Dec 2012 #39
Dark n Stormy Knight Dec 2012 #41
Dark n Stormy Knight Dec 2012 #43
Rosa Luxemburg Dec 2012 #40
Dark n Stormy Knight Dec 2012 #42
Norrin Radd Dec 2012 #45
Dark n Stormy Knight Dec 2012 #46
leftynyc Dec 2012 #47
Dark n Stormy Knight Dec 2012 #48
world wide wally Dec 2012 #49
Please login to view edit histories.