Forum Post: America is not equal
Posted 13 years ago on Oct. 7, 2011, 8:58 p.m. EST by gzatrinski
(3)
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Wall Street make the rules and it needs to change! Wall Street shouldn't own/run the government! What happen to....the people are the government???
Follow the blog Sky of Stars. Read this post: The RIght to Better Government http://theskyofstars.blogspot.com/2011/05/right-to-better-government.html
Follow the blog Sky of Stars. Read this post: The RIght to Better Government http://theskyofstars.blogspot.com/2011/05/right-to-better-government.html
Follow the blog Sky of Stars. Read this post: The RIght to Better Government http://theskyofstars.blogspot.com/2011/05/right-to-better-government.html
Accounting is a funny business. They may pay a more income taxes but that's because they make more money. The percent of total income tax paid is obviously different than the percent of one individuals income tax rate. That's why they fight so hard to keep the tax loop holes in (not to raise taxes). If everyone paid the same percent then it would be more equal. Of course, we want this country to get better so the laws would need to benefit legal citizens having kids. It promotes growth. Out side of kids, everyone else needs to be put on a level playing field.
The rich use accounting and their knowledge of the law to make laws, manipulate the system, and calculate a way for them to benefit above and beyond people will similar accesses. These same laws hurt the everyday working person.
Wall St. isn't the problem, they're just an embodiment of something easy to scapegoat- a mere symptom of the real problem: that corporations have influence within our political system, they derive that at the detriment of the working class, and use that economic power to spread inequality throughout the world.
It's a systemic failure, not an institutional one.
The rich shouldn't pay less taxes than the average person struggling to get by.
They don't pay less than the average person. They pay the vast majority of individual income taxes. The top 10% pay 70% of personal income taxes. 43% of the remaining 90% pay no federal income tax at all. Some even get refunds on taxes they never paid (EITC).