Most rich people don’t work for their income. They get money from dividends, capital gains, and other unearned income. You pay more in taxes for actually working than they do sitting on their asses collecting checks from their stock holdings.
We have pensions collapsing, communities that have been wiped out, and the Republican plan to fix all of this is to go to the Chinese government, borrow $2.3 trillion, and bring it back to the US to give to the wealthiest people in the country?
SHARE if you agree: That won’t fix a thing for hardworking families who need a boost. Republicans need to ditch this disastrous plan.
Chicago is offering to give Amazon all of the income taxes collected from it workers back to them. Why not just give them control of the city….oh wait that was Fresnos offer.
Would you support a 100% Marginal Income Tax over a certain amount?.
Say 100% Tax on any income over $50,000,000 per annum, which currently would affect only 134 People in the United States.
Real median household income (adjusted for inflation) is lower today than it was 17 years ago.
We need policies that help the workers of this country, not just the wealthy. We need #theNextDeal
“Class Consciousness is understanding that if you rely on income from an employer to eat you are one thing, and those who live off Capital are something else, your interests are diametrically opposed, Abraham Lincoln said; Labor is prior to, and independent of, capital. Capital is only the fruit of labor, and could never have existed if Labor had not first existed. Labor is superior to capital, and deserves much the higher consideration.”
Progressives, dont get caught in the trap of “Unviersal Basic Income” it sounds very good, In reality its a Neo-Liberal trap to dismantle organised Labor and Social Protection, that is why Milton Friedman and Friedrich Von Heyak were for it, stay well away from Groups that are proposing it, such a program as UBI cannot even be considered untill The FIRE Sector is cut down to size, the Federal Reserve is Nationalised, Medicare For All and Tuition Free College has been implemented, the Federal Minimum Wage is atleast $20 per hour, most of the Workforce has become Unionised, and FDRs Economic Bill of Rights has been Established.