Posts Tagged ‘rich’

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Pelosi’s Deceptive Plan: Blocking any Tax Rise Could Rule Out Medicare-for-All and Bolstering Social Security

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Swampy the Robber Baron gloats this week about his abomination.

Private prison investors set for giant windfall from Trump tax bill

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NYT:
A Tax Plan to Turbocharge Inequality

Also known as “Heads I win; Tails you lose.”

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While the ignorant put a billionaire in power, oblivious to the realities of the economy, what’s dragging America down rapidly is this inequality between rich and poor. Trump’s scapegoats: foreigners, blacks, liberals, Muslims, do not have anything at all to do with the rigging of the economy by the predatory rich. His finger pointing is a Hitler-like propaganda technique from a Hitlerian little demagogue who needs to go a.s.a.p.

World Inequality Report

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This is a war on you, and you better wake up soon.

Behind Trump’s plan to target the federal safety net

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Trump’s tax plan just got its first brutal review showing how it would benefit rich Americans but almost no one else

Fooling no one, the vulgar plutocrat tries to rig the system further for the rich.

“Taxpayers in the bottom 95 percent of the income distribution would see average after-tax incomes increase between 0.5 and 1.2 percent,” the TPC’s report said. “Taxpayers in the top 1 percent (incomes above $730,000), would receive about 50 percent of the total tax benefit; their after-tax income would increase an average of 8.5 percent.”

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More for the rich, less for everyone else.

It’s not fucking complicated.

If you’re not rich, and you voted for him, you’re not too bright.

 

Trump’s pick for Treasury secretary

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How to be rich!

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CNN: ‘Scandinavian Dream’ is true fix for America’s income inequality
  • Clamp down on Wall Street and require certain asset managers to disclose their holdings, returns and fees.
  • Enact a transaction tax to reduce short-term trading and encourage long-term investment.
  • Require companies to provide more information about their CEO’s pay relative to performance and workers’ earnings.
  • Raise taxes on capital gains and dividends.
  • Tax corporations on global income.

And to promote growth among the middle class, Stiglitz suggests that the U.S.:

  • Invest in infrastructure for long-term economic and job growth.
  • Strengthen workers’ bargaining rights.
  • Raise the minimum wage to reflect local economic conditions. (Many cities and metro areas could justify $15 an hour.)
  • Invest in young children through early education.
  • Require universal paid sick and family leave.

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“Vanity capital” is the new metric for narcissism, and analysts say its value worldwide is greater than Germany’s GDP

Whether $4.5 trillion is an accurate measure of how much people spend on purchases motivated in some way by vanity is debatable. But in the age of the selfie, it seems a safe bet that the number, whatever it may be, is growing.

APTOPIX Venezuela Election

 

The truth about Venezuela: a revolt of the well-off

Major media outlets have already reported that Venezuela’s poor have not joined the right-wing opposition protests, but that is an understatement: it’s not just the poor who are abstaining – in Caracas, it’s almost everyone outside of a few rich areas like Altamira, where small groups of protesters engage in nightly battles with security forces, throwing rocks and firebombs and running from tear gas.

Walking from the working-class neighborhood of Sabana Grande to the city center, there was no sign that Venezuela is in the grip of a “crisis” that requires intervention from the Organization of American States (OAS), no matter what John Kerry tells you. The metro also ran very well, although I couldn’t get off at Alta Mira station, where the rebels had set up their base of operations until their eviction this week.

 

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Kevin O’Leary:

“Suck Satan’s cock!”
-Bill Hicks