Posted 10 years ago on June 23, 2012, 2:28 p.m. EST by john23
This content is user submitted and not an official statement
Is there a transfer of wealth in this country from the poor to the rich....absolutely. Should we point the finger at business and the rich? Absolutely not.
What wealthy businessman has ever stolen your money directly....ever? It doesn't happen, because they can't. They would go to jail if they did. How does a business make money? They provide a product that you vote for every time you buy it. Individuals have the power to completely destroy a business if they don't like their practices, they take their money elsewhere. So where does the transfer of wealth come from if they aren't stealing your money? Through government. One of two ways a business can steal your money is through force by government, and it happens all the time. It's a hybrid of government and corporation coming together to screw the people over. The Monsanto's and the Halliburton's only exist because government allows it to occur because these corps are lining their pocketbooks....it's a fusion of government and corporation, with government being the area at fault. For without government, business could not forcibly take your money. It isn't a lack of taxes on the rich that has caused this transfer....for the rich do not steal your money, only by government can they achieve this and what follows next.
The only other way money is redistributed to the upper class is the inflationary tax. Inflation steals money from the poor and middle class and redistributes that money to the upper class - it's a nifty little scheme and you can read about how it is accomplished by going to this site:
Here is the quickest overview of how inflation hurts the little guy that I can find. It summarizes a complex process that is hard to grasp by reading about it. It's overly simplified, but the theory is spot on (3 minutes).
When has the biggest transfer of wealth in this country occurred? The last 40 years....after the gold standard was abandoned (1971) which was the last vestige of protection for the inflationary tax that is screwing everyone over. Check out the image of the transfer of wealth and when it began (1971) (copy and paste link below):
Or the cost of your goods since it was abandoned: