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Charts show huge gap between rich and poor keeps growing

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MN TN Donating Member (121 posts) Send PM | Profile | Ignore Thu Feb-24-11 08:40 PM
Original message
Charts show huge gap between rich and poor keeps growing
See:
http://motherjones.com/politics/2011/02/income-inequality-in-america-chart-graph#
The super rich also arn't paying much in taxes compared to what they used to 50 years ago.
GAINS & LOSSES, 2007-2009:
Wallstreet profits up 720%
Unemployment up 102%
Am. Home equity down 35%
Millionaire tax rate in 1945: 66.4%
In 2010, its 32.4
Corporate tax in 1954 was over 30%. Now its under 10%
Payroll taxes, however, have skyrocketed.
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kentuck Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-24-11 08:42 PM
Response to Original message
1. Do we need a progressive movement?
Or what?
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inademv Donating Member (738 posts) Send PM | Profile | Ignore Thu Feb-24-11 08:42 PM
Response to Original message
2. Not surprising
Nothing has been done to repair it.
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sarcasmo Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-24-11 09:25 PM
Response to Original message
3. Corporate America, slaves to the corporations.
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MN TN Donating Member (121 posts) Send PM | Profile | Ignore Thu Feb-24-11 10:26 PM
Response to Reply #3
4. Corporations have no conscience
Artificial entitites created by the state whose soul purpose is to make profits.
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Matariki Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-24-11 10:30 PM
Response to Original message
5. Yep, and us regular folks are told we "have to make sacrifices" and "tighten our belts"
all so those parasites can have more and more and more. They just might get the class war they started.
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DeadEyeDyck Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-24-11 10:35 PM
Response to Original message
6. Rec
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