Wealth Inequality in America made easy

Here are the lyrics to "Take Me Out to the Tax Game":

Take me out to the tax game.

Bail me out with the banks.

Buy me a bonus and tax rebates.

Never pay nuthin’ not fed’ral or state.

So it’s shoot, shoot, shoot for the loopholes.

It’s law, so you can’t complain.

For its one, two, three-trillion you’re out,

Since we rigged the game!

Take me out to the tax game.

Flip the bird to the crowd.

Losers pay taxes, we take rebates.

‘cuz we make the rules for the corporate state.

And it's wham, bam, slam through the loopholes.

We always win, what a game!

We’re the one, yes, the one percent,

And we have no shame!

Your rating: None Average: 3 (2 votes)

And why should wealth be equal anyway?

Something completely forgotten in the cute little graph video. Of the wealthiest Americans how many came from the group considered poorest? How many worked hard, earned their wealth, created jobs, invented a product that people flocked to, discovered a medicine that people needed etc etc ? The "voice" ignores the fact that except for very few who inherit wealth like Kennedys and others on their 21st birthdays I would guess that most have earned it. Examples-
Sam Walton-first job J.C. Penney $75 a month.....now owns Wal-Mart, and Sam's
Warren Buffet-got his start delivering papers, selling golfballs, and detailing cars
Shelson Adelson- son of a cab driver, college drop out, sold toiletry kits
Carl Berg- worked two jobs to put himself through college following his father's death
John Paul DeJoria- sold Christmas cards at age nine to support family
I haven't included the amount of money these few have given to charity because it only serves to make the poster look even more ignorant than he appears already. Here's a link though on just 20 billionaires who started with nothing. http://images.businessweek.com/slideshows/20101123/twenty-billionaires-w...
Too bad the video only told half the story. But that is the liberal way.

Any statement I make is the opinion of me exercising my first amendment right to freedom of speech. Freedom of speech in the United States is protected by the First Amendment to the United States Constitution and is generally permitted.

I am no where near being in the 1% but I do not begrudge them whatever they have earned. I read the bios of those 20 bilionaires. Many lost a parent early, I'm glad I didn't. Others worked to support their families, I did not have to my father did. Some worked two to three jobs just to get through college, I did not. And because of all my did nots I am where I am and they are where they are.
Stop being jealous of what others have Wolfman. If you had applied yourself in school and elsewhere you wouldn't be the sad, bitter, angry, jealous man you are today. Maybe if your inheritance had come through you would have been happy.

Any statement I make is the opinion of me exercising my first amendment right to freedom of speech. Freedom of speech in the United States is protected by the First Amendment to the United States Constitution and is generally permitted.

You fool you still don't get it! Sam Walton long ago died leaving his "legacy" to his heir apparent. Walton (4) heirs own more wealth than the bottom 40% of America. http://thinkprogress.org/economy/2012/07/17/534591/walmart-heirs-wealth-... The lucky sperm club did not earn this wealth they inherited it. I would argue that most of the 1% have benefited from family wealth to create even greater wealth. Fred spends his time beating up union workers who are taking pay cuts while the vast, and I do mean vast wealth of this country is concentrated in but 400 families. The above video for dummies is hard to refute but go ahead and post another one of your ignorant racist videos if it makes you feel better.

Oh I forgot your paid job is to defend the Bain capital's of the world. Another thing Fred I worked my A$$ off in a factory that most college kids quit after a short period of time. I stuck it out till the end. You did have a union job that would of given you some security or a pension. It is YOU who is bitter, angry, jealous of union workers who have it better than you. I'm retired and I'm younger than you. So who's the angry fool here?

Statements made are the opinion of the writer who is exercising his first amendment right to freedom of speech. Freedom of speech in the United States is protected by the First Amendment to the United States Constitution and are generally permitted.

I have a friend whose 7 brothers and sisters worked in a bread factory every summer to pay their way through college. They didn't look at working in a factory as an end, but a means to a more satisfying life than the repetitive tasks of production line work. It's all in the expectations you set for yourself.

You have the typical factory-worker mentality--count down the years until you can retire. There are many of us who enjoy our jobs and our decision to retire is not solely based on a union years-of-work chart. You have to expand your life experiences beyond the UAW (or whatever union you belonged to) that held you a slave to a job by giving you a wage and benefits that were not commensurate with your mindless, unskilled activities.

Seems many here are jealous of the pay and benefits earned in those factories. To somehow think that getting a college degree is more noble or sacrificial than working in a auto factory for decades, well I don't get it. Sounds like hubris. Work is work. Hard work is hard work. I know many who live in an "at will" world that envy those union workers. They won't admit it. I can't tell you how many times I've heard the stories of envy when the person doesn't know my affiliation or former occupation. All I can say is there are many today who are highly educated working at low wages. Do I envy them? What do you think? I pity what has become of the world of work led by the Reagan revolution. I come and go as I please now, travel a bit. Did my time and overtime for decades, planned wisely and enjoy listening to the whining of those older than me still working because they were unwilling to work hard.

Statements made are the opinion of the writer who is exercising his first amendment right to freedom of speech. Freedom of speech in the United States is protected by the First Amendment to the United States Constitution and are generally permitted.

I bet those "highly educated working at low wages" people you mention never referred to their careers as "I stuck it out till the end."

Using logic, it appears that your most recent post contradicts the point of the video you uploaded. Initially you're indicating that people who earn money as a result of their hard work are experiencing unequal benefits and they should be chastised for it. And now you're saying that because you worked hard you were able to enjoy the benefits of retiring early--as opposed to those whiners who are "still working because they were unwilling to work hard." Which is it?

Socialist horseshit.

You mention, "the lucky sperm club". What about guys like your democrat hero John Kerry, who married his fortune? How do you feel about him?
What about those rich Kennedys? You liberal democrats look at them like some kind of royalty. They got their money from old man Joe, who made most of his, bootlegging during prohibition.

"We're all riding on the Hindenburg, no sense fighting over the window seats"-Richard Jenni

Wolfman like his counterparts Willard and now Zayed toss off phrases they expect us to accept as facts "most of the 1% benefitted from family wealth" "i know many who envy union workers" . He offers no proof of course, because there isn't any. He completely ignores the real fact that I gave true life examples of people who came from lousy circumstances with little to their names and achieved great things. He is jealous of the families that have benefitted from that wealth because in his case he did not benefit from his family's wealth. He was forced to work hours and hours every week while college kids came and went moving on to better jobs and higher pay without union shackles to hold them back from receiving merit pay. He refers to his job as "did my time" which sounds more like a prison sentence than a career. It offers him solace and a way to sleep at night to think that other people envy him for his early retirement. He lives in a dream world and uses his time to scour the internet for stories that prove that "those people" have more than he does and that it's unfair. If Wolfman is so happy with his state in life why does he constantly complain about what other people have?

Any statement I make is the opinion of me exercising my first amendment right to freedom of speech. Freedom of speech in the United States is protected by the First Amendment to the United States Constitution and is generally permitted.

He complains because he is jealous. Someone screwed him over, someone lied about him, someone didn't like him so he got passed over. People like this are truly not capable of understanding their own deficiencies. It is always the other guys fault. They are blameless and perfect.

Very true.

If he wanted people to be equal he would not have supported the Union exception in Obamacare.

MikeyA

Now now Fred calm down I did give an example, Walmart. While the top (6) Walmart heirs rake in most of the wealth gain for the past decade, taxpayers subsidize their employees. http://www.walmartmovie.com/facts.php Most of the plutocrats spend their excess money on lobbying and Dark Money disinformation through outlets like ClearChannel and FoxNews. I do resent Republicans who talk about cutting taxes then stick it to the Middle-class with tax shift schemes. Just look at Michigan and Ohio Governors doings the past two years. Its too bad that the ignorant posters here are captivated by the propaganda that hurts their argument. Another example of an "at will" college grad working for less would be Fred's side kick Don Z, you know What about Don? Well Don blames his local government for what his ClearChannel pay cut cannot afford him. Watch him in this heart felt testimony http://www.youtube.com/watch?v=xNmpA-gk49U Yes I feel for Don and all the kids out there that just don't get what the real problem is, concentration of wealth and control. The good old days were more equal, more opportunity at a good life. Now we have these unelected on our backs who want it all.

Chart: 6 Walmart Heirs Hold More Wealth Than 42% of Americans Combined
http://www.motherjones.com/mojo/2012/07/walmart-heirs-waltons-wealth-inc...

Statements made are the opinion of the writer who is exercising his first amendment right to freedom of speech. Freedom of speech in the United States is protected by the First Amendment to the United States Constitution and are generally permitted.

Toss off phases? That's what you do. Fred, but you have a broadcast on the radio. I don't. You can poison the truth much better than I can.

Fact check- Don does not blame local government for his pay cut, he blames CC for that. What he blames local government for is it's insatiable appetite for his hard earned, and well deserved pay. Constant increases in water rates, pressure to pass 3/4 "temporary" pay roll tax, threats to safety and welfare if levys aren't passed all are what Don was complaining about at that council meeting. Don and I both have mentioned on air that it is CC responsible for his hours and pay, but that is a separate issue from who is responsible for taking that pay from him. Don't lie and misrepresent what you don't know about Wolfman. And by the way I'm very calm when posting aren't you?
Still looking forward to the list of things you are doing personally to protect the environment. I guess we can cross out cutting back on electricity by using the computer less.

Any statement I make is the opinion of me exercising my first amendment right to freedom of speech. Freedom of speech in the United States is protected by the First Amendment to the United States Constitution and is generally permitted.

Nothing up my sleeve! Ohio Governor Kasich has performed a fast one on even the great Mr WSPD Entertainer! Your governor has been cutting revenue sharing to communities like Toledo, Duh! His recent slight was not giving TPS any more state aid while his Republican school districts get it all. Come on Fred wipe that jizzum from your rose colored glasses. Think for yourself! It ain't hard.

Kasich Tax Plan Forces Middle Class To Pay More So Millionaires Can Pay Less
http://www.ohiohouse.gov/democrats/press/kasich-tax-plan-forces-middle-c...

Statements made are the opinion of the writer who is exercising his first amendment right to freedom of speech. Freedom of speech in the United States is protected by the First Amendment to the United States Constitution and are generally permitted.

Kasich cannot raise LOCAL taxes. Only STATE taxes.

Aid, is paid for at the State level and is not necessary for TPS to operate. HENCE why TPS consistently puts forward an Operation Levy.

Maybe if you lived in Ohio you'd be more familiar with Ohio law.

MikeyA

I've basically stopped responding to your trolling questions but for the sake of pointing out your ignorance at best, stupidity at worst, Kasich back doored Toledo. Rich plutocrats know the system of taxation in Ohio. They know that a shift to sales taxes from income taxes is a win win for them. Cutting estate taxes also increases the likelihood that revenue sharing will be cut to make up the difference. So this is how the shell game works. Mikey if you don't keep an eye on the pea under the walnut shell, you are lost. Less revenue sharing is made up with higher local taxes. Its that simple. Republicans do not care about the Middle-class. Just follow what has happened in Michigan and Ohio when Republicans are in the majority. Since Governor Tax-a-lot Snyder has been Michigan governor my taxes have gone up by thousands while business taxes have been cut. This is going on all around the country whipsawing state by state. This agenda is being pushed and supported by the right wing media outlets.

Editorial-Taxpayers-feel-the-pain
http://record-eagle.com/opinion/x766093278/Editorial-Taxpayers-feel-the-...

Statements made are the opinion of the writer who is exercising his first amendment right to freedom of speech. Freedom of speech in the United States is protected by the First Amendment to the United States Constitution and are generally permitted.

and it says that Snyder "closed loopholes" like Democrats at the Federal level want to do.
Homeowners and renters alike used to qualify for a credit if their household income was less than $82,650 a year; that’s now down to $50,000 but only if their home’s taxable value is less than $135,000. That will affect about 400,000 of us.

"The number of deductions — the few breaks average taxpayers got — that have been eliminated is long. Gone are the child deduction, special exemptions for seniors and those getting at least half their income from unemployment checks; a refundable credit for low-income workers was reduced, impacting about 783,000 returns."

"Also gone are credits for city income taxes, college tuition, adoptions and donations to universities, public radio and TV stations, food banks and homeless shelters."

So Wolfie, are you saying that what Dimocrats in Congress are trying to do will not work because, as you say, your "taxes have gone up by thousands"?

I thought that is what you and your kind voted for in November. Obimbo said on November 17th, 2012 that "America voted for higher taxes".
Now pay up and shut up.

You've said many times how you retired early, have a great pension etc. etc.
You're doing fine and now you're bitching about having to pay your "Fair Share"?

Don't blame me,
I didn't vote for a
socialist.

Yes you can try an paint me with your paint by number picture. But the sad fact for you is I'm a moderate. I don't agree with much of what Obama has done either but I know the Republican fascist state is at hand. They have been emboldened by what gains they have made with the money they've spent. I do pay my fair share but a look at the Wealth Inequality in America video above is irrefutable as to what the real problem is. Monied plutocrats are now running this country. I've lived a fair amount of time and seen the changes, the shift away from the people's will, remembering how it once was. The country we are leaving to our children will be run by the monied oligarchs for the oligarchs. With such a system comes risk and instability. Extremes in wealth will (and has) create a caste system. Look to Mexico for an example. No longer can we expect America to be the land of the free. My opinion.

Statements made are the opinion of the writer who is exercising his first amendment right to freedom of speech. Freedom of speech in the United States is protected by the First Amendment to the United States Constitution and are generally permitted.

"Cutting estate taxes also increases the likelihood that revenue sharing will be cut to make up the difference. "

Not necessarily. Money that isn't taxed can also be spent. That means it can be taxed elsewhere. How do you know it won't be collected in property or sales tax? You don't you're making an assumption and presenting it as fact.

"But the sad fact for you is I'm a moderate." Yep, a moderate who posts a myriad of stories of the leftiest of left sources. I suppose Ed Schultz is an Independent too eh?

" I do pay my fair share but a look at the Wealth Inequality in America video above is irrefutable as to what the real problem is." As someone earlier pointed out, why does wealth have to be equal? I would say wealth inequality is a by-product of intelligence and initiative inequality.

MikeyA

Earlier, Wolfie said:
PTSD Mike
Submitted by wolfman on Tue, 2013-03-05 11:37.
I've basically stopped responding to your trolling questions but for the sake of pointing out your ignorance at best, stupidity at worst, Kasich back doored Toledo. Rich plutocrats know the system of taxation in Ohio. They know that a shift to sales taxes from income taxes is a win win for them. Cutting estate taxes also increases the likelihood that revenue sharing will be cut to make up the difference. So this is how the shell game works. Mikey if you don't keep an eye on the pea under the walnut shell, you are lost. Less revenue sharing is made up with higher local taxes. Its that simple. Republicans do not care about the Middle-class. Just follow what has happened in Michigan and Ohio when Republicans are in the majority. Since Governor Tax-a-lot Snyder has been Michigan governor my taxes have gone up by thousands while business taxes have been cut. This is going on all around the country whipsawing state by state. This agenda is being pushed and supported by the right wing media outlets.

Why is Wolfie bitching about paying his "fair share"? He's LOADED and admits he has retired comfortably IN HIS 50'S. Apparently everyone else needs to pay their "fair share" but that must exclude the anointed ones.

Don't blame me,
I didn't vote for a
socialist.

Under your definition, what is "fair"?

I have complained loud and hard about the Kasich budget already,and will continue to do so. And if it ain't hard there ain't no jizzum pigboy.

Any statement I make is the opinion of me exercising my first amendment right to freedom of speech. Freedom of speech in the United States is protected by the First Amendment to the United States Constitution and is generally permitted.

Republicans, yuk.

Right Zey, hail to our President elect now and forever.......May he run in 2016......

"DTOM" {1776} " We The People" {1791}

Conservatives tell us repeatedly that if we just let the rich keep more of their money, they’ll create jobs and everything will great…

We’re still waiting.

That is not what conservatives say. Conservatives say if you lower taxes and not hike the minimum wage it'll create an environment where jobs will be created.

In the last 3 months we've raised taxes, they're pushing to raise minimum wage. That is not a job creation environment.

MikeyA

So if low taxes and a minimum wage that is becoming less and less when measured against inflation creates jobs then we should have 99% employment.

I already demonstrated we have neither.

MikeyA

The Economic Policy Institute, a Washington, D.C., economic think tank states If you get a proposed increase to $9.80 it would raise the wages of of about 28 million workers nationally. Also, it would result in a net increase of about 100,000 new jobs nationally.

"DTOM" {1776} " We The People" {1791}

sent it to me in an email today. Although I did not appreciate the manner in which the video presented pure socialism, because the tone of the commentary seemed to endorse pure socialism, which I find to be totally impractical and unworkable, it's hard to argue with the overall conclusion that our current system is patently unfair, and has worsened significantly in the past 40 years.

The current distribution of wealth in the United States reminds me of the patterns I studied in many Latin American nations when I was an undergraduate student majoring in Political Science and minoring in Economics back in the late 1960s. At the time, such patterns were disdained, and cited as the main reason for so much political unrest in Latin America. Since then, there have been too many revolutions to count throughout Latin America, most of which were a direct or indirect result of economic inequalities. The late 20th Century was a hotbed of Communist insurgencies throughout this region because the people were so desperate that they clung tenaciously to the false hope of Communism producing a better tomorrow.

We do now have at least one real life example of a nation doing much better, built upon a mix of capitalism and socialism with political freedom in Latin America, and that example is Brazil. After decades of economic chaos and hyperinflation, Brazil stabilized in the mid-1990s. In addition to controlling inflation, Brazilian leader, Fernando Cardoso, moved Brazil to become energy independent by using the waste product from sugar cane production to produce copious amounts of ethanol, and mandate that all automotive engines had to be able to use ethanol. This saved billions that had been flowing out of Brazil for imported oil. It is also important to note that Cardoso has been followed in succession as Brazil's President by two different democratically elected leaders in peaceful transitions of power. Both economic and political stability have come to Brazil, without resorting to some form of dictatorship.
Bottom line -- it can be done, if we have the will. And, before you debunk Brazil as some tiny, little Latin American outpost, please note that Brazil's population is now nearly 200 million, 5th highest in the world!

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