General Discussion

global1

(25,247 posts) Wed Jun 17, 2015, 10:51 AM Jun 2015

Even If The 1% Has To Pay Their Fair Share Of Taxes. Even If The Minimum Wage Goes To $15.....

Even if women get equal pay. Even if the corporations are taxed appropriately and not be able to shelter their winnings. Even if Wall St had to pay transactional fees. Even if, they would provide student loan forgiveness. Even if we had single payer health insurance for everyone. Even if they raised the cap on Social Security. Even if we spent money on infrastructure.

Even if other good things like this happened to save the middle class and shore up the poor, the disabled, the unemployed.

Even if all these things happened - the rich would still be rich and perhaps get richer because we 99% would be buying what they are selling and churning the economy.

There really wouldn't be all that much change in the gap between the 1% and the 99% - but everyone would be that much more relaxed and happier.

It's not rocket science folks. We know how to fix this.

5 replies

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Highlight:

Even If The 1% Has To Pay Their Fair Share Of Taxes. Even If The Minimum Wage Goes To $15..... (Original Post) global1 Jun 2015 OP

What about the 1% who is helping those who have needs? There are lots of the 1% who responds to Thinkingabout Jun 2015 #1

Sorry to break this, but FDR is dead. Why not name names of the living and their deeds? nt valerief Jun 2015 #3

Ronald Reagan took a successful progressive tax system and destroyed it and he is randys1 Jun 2015 #2

History (may be off a year or so on dates) 1939 Jun 2015 #5

If all that happened, I really wouldn't give a shit about the rich being rich and getting richer. Nye Bevan Jun 2015 #4

Thinkingabout

(30,058 posts)

1. What about the 1% who is helping those who have needs? There are lots of the 1% who responds to

Reply to global1 (Original post)

Wed Jun 17, 2015, 10:57 AM

Jun 2015

the needs of others. One of the great was FDR, he started Social Security, WPA and other programs for the 99%, instead of hammering on the 1%, praise the actions they take to help others. If you are talking about the executives getting too large of salaries and bonuses then let's have that conversation. This is the problem.

valerief

(53,235 posts)

3. Sorry to break this, but FDR is dead. Why not name names of the living and their deeds? nt

Reply to Thinkingabout (Reply #1)

Wed Jun 17, 2015, 11:06 AM

Jun 2015

randys1

(16,286 posts)

2. Ronald Reagan took a successful progressive tax system and destroyed it and he is

Reply to global1 (Original post)

Wed Jun 17, 2015, 10:57 AM

Jun 2015

WORSHIPED by the very people he destroyed.

We are a very dumb lot, and we need to be educated

1939

(1,683 posts)

5. History (may be off a year or so on dates)

Reply to randys1 (Reply #2)

Wed Jun 17, 2015, 11:28 AM

Jun 2015

1953--Top tax rate of 91%
1963--JFK (and house and senate) lower top tax rate to 70%
1967--LBJ (and house and senate) add temporary surtax on top tax rate of 70%
1978--Carter (and house and senate) reduce top rate to 50% for earned income and 70% for unearned income
1981--Reagan (and house and senate) reduce top rate to 50% for all income
1986--Reagan (and house and senate) reach bi-partisan, "revenue neutral" overhaul of tax code with the top rate to phase down to 28%

Nye Bevan

(25,406 posts)

4. If all that happened, I really wouldn't give a shit about the rich being rich and getting richer.

Reply to global1 (Original post)

Wed Jun 17, 2015, 11:10 AM

Jun 2015

Because if they are paying their fair share of taxes, everytime they get richer they pay a fair slice of that in taxes.

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