Watch this then tell me why the rich shouldn't be taxed a helluva lot more

[maryf]

pretty strong graphic on income disparity:

http://www.lcurve.org/LCurveVideo.htm

[liberal N proud]

1. Because tax cuts for the rich will solve every problem this country has

Needs jobs?, give tax cuts to the rich.
Reduce the deficit?, give tax cuts to the rich. If fact I bet if we eliminated taxes on the rich it would eliminate the deficit.
Hunger?, give tax cuts to the rich.
You didn't get a pony from the Obama Administration?, give tax cuts to the rich.
All problems can be solved by giving tax cuts to the rich.



























:sarcasm:

[maryf]

2. you betcha!

;-)

[w8liftinglady]

3. wow..that pissed me off to no end.

[maryf]

4. me too, this kind of disparity should not exist...

what if they set a maximum wage? If you taxed bill Gates' 50 billion dollars 90%, he'd still have 5 billion, still over a mile high, still more than any one person needs, any thousand people need...sickening...

[SlipperySlope]

5. I don't think the rich should be taxed more either...

...except that is where the money is.

B-)

[maryf]

6. Editted my heading I think my wording was unclear! TAX the RICH a lot more...

sorry if I wasn't clear, don't think I can edit...yep, I could... :)

[SlipperySlope]

7. I was trying to be sarcastic but it wasn't coming across.

Of course we need to tax the rich, because they are the ones who have money to tax. Who else should we tax? Some homeless guy living under a bridge?

[maryf]

8. thanks!! not you, I'm dense!

How can anyone making less than 50 thousand be taxed at all considering the disparity... Who else indeed but the rich, and there should be not one homeless person in this country...especially considering that .01% of BG's 50 billion, 5 million dollars would buy at least 100 housing units... heck thinking this way, the conservative number for the homeless in this country is about 3 million, Bill Gates could buy housing for them all...and still have a "living" wage, living high off the hog wage...

[Kalyke]

26. Everywhere is freaks and hairies

Dykes and fairies, tell me where is sanity
Tax the rich, feed the poor
Till there are no rich no more?

I'd love to change the world
But I don't know what to do
So I'll leave it up to you

Population keeps on breeding
Nation bleeding, still more feeding economy
Life is funny, skies are sunny
Bees make honey, who needs money, Monopoly

I'd love to change the world
But I don't know what to do
So I'll leave it up to you

World pollution, there's no solution
Institution, electrocution
Just black and white, rich or poor
Them and us, stop the war

I'd love to change the world
But I don't know what to do
So I'll leave it up to you

[maryf]

27. don't know what to do?

keep talking...we'll get there...

[TBF]

9. That is a very powerful graphic - K&R nt

[maryf]

10. it blew me away,

why I had to share...

[maryf]

11. check out this thread too 'Consequences of Unequal Distribution of Wealth:

http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=389x8936700

[leftstreet]

12. Why are you hating on our overlords?

K&R

Everyone should watch this!

:puke:

[maryf]

13. Here's a link to the list of world billionaires

http://www.forbes.com/lists/2010/10/billionaires-2010_The-Worlds-Billionaires_Rank.html

Wasn't it recently that people were giving kudos to number 3, on this list, Warren Buffet, for saying he and Bill Gates should give half their money to charities? I wonder if it wasn't self-defense for when the Bastille is stormed again... just taxing these guys an extra 10% would do solve so many problems...

[TBF]

18. If you read Obama's second book "The Audacity of Hope" -

you will find his chapter about going to visit Buffet in his decision to run for president. Very enlightening...

[maryf]

20. but...

It burns!! (I will check it out at the library...)

[TBF]

29. lol

yes i believe i donated my copy to the library so i'm sure yours has some as well.

[Starry Messenger]

28. Buffet willed most of his to the Gates Foundation.

Keeping it in the family, as it were.

[maryf]

31. wtf

I didn't know that...incestuous, just like a lot of royalty...

[Starry Messenger]

32. It doesn't get mentioned a lot these days.

http://money.cnn.com/2006/06/25/magazines/fortune/charity1.fortune/

FORTUNE EXCLUSIVE: The world's second richest man - who's now worth $44 billion - tells editor-at-large Carol Loomis he will start giving away 85% of his wealth in July - most of it to the Bill & Melinda Gates Foundation.

FORTUNE Magazine
By Carol J. Loomis, FORTUNE editor-at-large
June 25 2006: 3:08 PM EDT

<snip>
Buffett has pledged to gradually give 85% of his Berkshire stock to five foundations. A dominant five-sixths of the shares will go to the world's largest philanthropic organization, the $30 billion Bill & Melinda Gates Foundation, whose principals are close friends of Buffett's (a connection that began in 1991, when a mutual friend introduced Buffett and Bill Gates).

The Gateses credit Buffett, says Bill, with having "inspired" their thinking about giving money back to society. Their foundation's activities, internationally famous, are focused on world health -- fighting such diseases as malaria, HIV/AIDS, and tuberculosis -- and on improving U.S. libraries and high schools.

Up to now, the two Gateses have been the only trustees of their foundation. But as his plan gets underway, Buffett will be joining them. Bill Gates says he and his wife are "thrilled" by that and by knowing that Buffett's money will allow the foundation to "both deepen and accelerate" its work. "The generosity and trust Warren has shown," Gates adds, "is incredible." Beginning in July and continuing every year, Buffett will give a set, annually declining number of Berkshire B shares - starting with 602,500 in 2006 and then decreasing by 5% per year - to the five foundations. The gifts to the Gates foundation will be made either by Buffett or through his estate as long as at least one of the pair -- Bill, now 50, or Melinda, 41 -- is active in it.
<snip>

So if anyone ever gives you a bunch of eyewash about sweet little Warren Buffett you can tell them it's bunk.

[maryf]

33. yep...they are worth

at least 3 billion more each at this time...somehow don't feel real charitable...

[vanlassie]

14. The L-Curve says it all.

They have the money we worked to earn. We have the VOTES, if we would ALL only use them.

[maryf]

16. The people we could vote for

are all owned by the wealthy, promoted by the wealthy, what can we do about that??

[PA Democrat]

15. The Walton family has been funding anti-tax lobbyists for years.

They are especially interested in the permanent repeal of the estate tax. Contrast their lifestyles with that of the average WalMart employee. How much money is enough? Should full time WalMart employees be forced to rely on food stamps, CHIPS, and other taxpayer-funded programs just to eek out a living so the Waltons can further their holdings of wealth?

[maryf]

17. and they likely protest

unemployment tax as well..."why should people get money for not working"...

hell why folks inherit money without working for it??

[TBF]

19. Why do folks inherit money without working for it?

Excellent point maryf.

[maryf]

21. You have to wonder...

and think about how far back it goes...:hi:

[PA Democrat]

22. We might as well have royalty in this country.

[maryf]

24. Yep, Modern feudalism

we're just serfs and peasants...

[PA Democrat]

23. My eyes were opened when I read Wealth and Democracy by Kevin Phillips.

Since then I've read study after study that confirms that the concentration of wealth in the hands of the few is a direct threat to our democracy. Legislation is drafted by lobbyists in direct conflict to the wishes of the majority of Americans: no public option in health care "reform" no negotiation of prescription drug prices, no regulation to end "too big to fail" financial institutions.


Even the Supreme Court has been taken over by corporate interests.

[maryf]

25. Radicalization can come from many different sources...

On man I know became radicalized from reading the Wall street journal...

[area51]

30. +1 (n/t)