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The Super-Rich have all the money and pay the least taxes; meanwhile you’re evicted and jobless. WTF??!!

I never cease to be amazed at how frequently the average “Joe the Plumber” conservatives, who are very often low-income or lower-middle class, neglect to see that the folks they are electing are fleecing them daily.

For that matter, most elected officials of both parties, as a matter of course, play the game, participate in the system, and are bought and sold by lobbyists, corporations, and the super rich who fund them. I don’t care how the US Chamber of Commerce report cards are tallied in their favor, the data shows who is taking the most corporate money.  The ones who won’t be bribed will never get elected because they don’t have the money to get off the bench.

In 2010, in The wake of Citizen’s United v. FEC,  Republicans received $190 million, mostly from Multinational Corporations for elections. Democrats received $94.1 million, mostly from Unions, for elections. Amongst major donor organizations,  $160 Million was contributed to the GOP from outside groups, all with Multinational Corporate Ties, and $77.5 million to Democrats from Outside Groups, that not only supported Unions but Environmental Issues, Civil Liberties Issues, click the source link for details.) Public Sector Unions gave Democrats $38 million, or 40% of their total contributions from outside groups.  Source - PragPro   Source 2 - Opensecrets.org

Those people do not give a fuck about how you lost your job and home, whether your kids are hungry, or if your aging mother’s healthcare is cut-off. If they do it is only because they want you to elect them again so that can keep making money while you starve.

They only care about getting rich and staying in power, and they’ll say whatever it takes to push your socially conservative buttons to get you to vote them in again so they can keep fleecing you. I could say just as much about the liberal politicians, who do the same thing, but that’s for another time.

This story captures how disproportionate the distribution of wealth is and how the rich are favored by those in power. And you may have put them there. Wake up and start looking out for your families. Quit allowing yourselves to be manipulated and focus on the real issues of wealth, class, and where all the money is.

I listen to Marketplace on NPR every night on my way home from work.  If APM dislikes me posting this in it’s entirety I’ll take it down, but it’s so short and on target I have to share it all. I’m not profiting and this is commentary, so I’m going with Fair Use.

Tax the Rich - Marketplace - APM

Robert Reich: As Americans get ready to file their taxes, politicians are battling over how much to cut government spending in order to reduce huge deficits. Curiously though, one option for deficit reduction seems to be off the table. That’s to raise taxes on the very rich.

For decades now, America’s top earners have been pulling in a larger and larger share of the nation’s total income. Over the same period though, their tax rates have steadily declined. In the 1950s, the top marginal income tax rate was 91 percent. Now it’s 35 percent. Even when you include deductions and credits, the super-rich are now paying a far lower portion of their incomes in taxes than at any time since World War II.

Meanwhile, capital gains and dividends — a big chunk of their income — were taxed at 35 percent as recently as the late 1980s. Now, they’re taxed at 15 percent. And the estate tax has now vanished for estates under $5 million or $10 million a couple.

If the rich were taxed at the same rates they were taxed a half century ago, they’d be paying some $350 billion more this year in federal taxes. That would be trillions of dollars over the next decade — a major contribution to eliminating the deficit.

Now yes, of course, clever accountants and tax lawyers would find ways around any tax increases, but this was always the case.

The real difference between now and then is the political power of the super-rich is much greater. After all, that’s why their tax rates are so much lower.

But it’s just possible that the devastating budget squeezes in Washington and in state capitals, and the slashing of public services vital to the middle class and the poor, may prompt Americans to look back 50 years — and ask why the super-rich shouldn’t pay the same tax rates now as they did then. Source

Wake up folks. Focus on something besides who someone is having sex with. Quit being distracted by manufactured bullshit entertainment news. Protest about something other than your personal hobby causes. Ahh, who am I kidding? Nothing’s going to happen until enough of you are starving to make it matter to you.

I wish it were otherwise.

 


Notes

  1. skepticalsurvivalist posted this