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Hooray!For the first time ever, the top 10% earned over 50% of the income.
Dr. Emmanuel Saez's inequality stats for 2012 published:
http://elsa.berkeley.edu/~saez/saez-...comes-2012.pdf
back to Calvin Coolidge and Herby Hoover.
Good times.
For the first time ever, the top 10% earned over 50% of the income.
Dr. Emmanuel Saez's inequality stats for 2012 published:
http://elsa.berkeley.edu/~saez/saez-...comes-2012.pdf
Hooray!For the first time ever, the top 10% earned over 50% of the income.
Dr. Emmanuel Saez's inequality stats for 2012 published:
http://elsa.berkeley.edu/~saez/saez-...comes-2012.pdf
back to Calvin Coolidge and Herby Hoover.
Good times.
And they pay 70% of income tax
http://money.cnn.com/2013/03/12/news...xes/index.html
Well duh. That's the nature of a progressive tax code. As is clear in both charts, the free market sucks at distributing wealth.
"they pay 70% of income tax"
... because they take nearly all the wealth for themselves, those poor tax-evading assholes.
We can't all own our own breweries like the ing richers!
That's obviously severely hampering their ability to earn and invest.
I'll bring this up at the Richer Convention in Geneva this fallWe can't all own our own breweries like the ing richers!
Geneva? How plebeian.
With about 50% of the country unable or unwilling to work the 10% factor of wealth is skewed. The best way to stop big income tax evaders, and get the low income folks some skin in the game is to abolish income tax and move ssn, medicare, obamacare, and icome tax into a pool of funds that are paid through progressive sales tax.
The more things cost, the more they are taxed. People are no longer punished for working. Small business will no longer be a scapegoat for government expenditures, and the rich will always spend so they will finally be taxed their fair share, based off of their excessive spending.
Dubai was getting mundane
hey asshole, check the thread "What's the real unemployment rate?"
Dubai? Positively gauche!
hey asshole, check the thread "What's the real unemployment rate?"
"full" employment due for 2017, if ever.
giving LIE to Repug propaganda about Obamacare killing small business jobs:
Small-business hiring plans reach highest level since 2007
The percentage of small-business owners planning to hire more workers rose last month to its highest level since 2007, according to the National Federation of Independent Business.
The jump came as the group's overall small-business optimism index slipped 0.1 points to 94 in August from the previous month, and amid some other conflicting data on the state of the key economic sector.
The Small Business Economic Trends Survey, released Tuesday, also showed that sales were down and small businesses cut workers for the fourth straight month in August, with the average firm shedding 0.3 employees.
But plans for new hiring over the next three months surged by 7 percentage points in August. The 16% of businesses anticipating expanded employment was the best since before the Great Recession began.
"If this reading is not a fluke, it signals a substantial resumption of hiring in the coming months," the NFIB report said. "Hopefully, the September survey will validate the August readings and
reports of actual hiring will turn positive."
http://touch.latimes.com/#section/5/.../p2p-77344639/
Pot-kettle-blackWe can't all own our own breweries like the ing richers!
If I remember correctly, you've got a whole bunch of gas out back and I am not just referring to old man flatulence.
Thanks Obama!
Is that what you call our planned economy now?
Hope and Change baby
50% isnt enough earnings.
Gotta find ways to make it 60%
We can't all own our own breweries like the ing richers!
Dropping two mil
So does that have anything to do with all the unemployment? Or is this some kind of greed post? scott
Nature abhors a vacuum.
So what do we need to do? Seems like I'm hearing we should reduce richer income through taxes? If so, how does that help the poorers become richer?
No. Richers should voluntarily increase their distribution to their employees so that the government does not have the redistribute it for them. Then, they (the moochers) could pay their share of income taxes.
they can't, because they are beholden to shareholders.
shareholders tend to prefer distributions and corporations that consistently pay and increase their distributions tend to be rewarded for their efforts. Distributions as a whole are a positive, so I'm not seeing the your point. As far as redistribution, where are the richers failing to give employees where the government fills the void?
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