Yes. Income redistribution is a big positive, IF it is going to help the less fortunate in society.
Right now, we have reverse Robin Hood; income is being redistributed (as it ALWAYS is) but it is being taken from the bottom quintiles and transferred to the top quintiles. And this is happening all over the world.
It's just as VolDad says - the rich pay 40% of the taxes. But they possess over 80% of the wealth. Thus proving our regressive tax structure in one bold stroke.
Yes. Income redistribution is a big positive, IF it is going to help the less fortunate in society.
Right now, we have reverse Robin Hood; income is being redistributed (as it ALWAYS is) but it is being taken from the bottom quintiles and transferred to the top quintiles. And this is happening all over the world.
It's just as VolDad says - the rich pay 40% of the taxes. But they possess over 80% of the wealth. Thus proving our regressive tax structure in one bold stroke.
Honestly gibbs, I don't understand why you don't just move to a socialist country. I'm not being an ass, I just wonder why someone whose ideals are so perpinduclar to foundations of the country that they live in-would stay.
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Hold up? So we had one variable driving all pricing?Why did prices go up during the 1990s when corporate profits were at an all time high, thanks to low taxes? (not enhanced profitability mind you)
Then explain how you can make your claims when 1. inflation was > 0, and 2. purchasing power went down during that time frame.
Honestly gibbs, I don't understand why you don't just move to a socialist country. I'm not being an ass, I just wonder why someone whose ideals are so perpinduclar to foundations of the country that they live in-would stay.
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Hold up? So we had one variable driving all pricing?
Purchasing power went down? Does it take magic dates and crappy data to paint that picture?
Maybe for some context on purchasing power and elasticity of incomes, you should add some context to rising then stagnating wages. Competition, supply and demand should be at the heart of any analysis you attempt.
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Mechanisms. What are the mechanisms behind your numbers, driving them?
last time I checked jefferson and washington didn't slaughter thousands of innocents to benefit their drug buddies.
Who are these thousands Castro has slaughtered? Who are these drug buddies?
As to the Founding Dads though, these guys:
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might have an issue with you.
Moreover, good Gen Washington has a massacre on his resume:
Shays' Rebellion - Wikipedia, the free encyclopedia
you are seriously arguing guevara didn't kill innocent people in his lifetime?