Tag: system

Class War 101: We need a new progressive tax system

    It is time to set the top tax bracket above $1,000,000

    As you can see in the graph below, many people live in poverty compared to the few wealthy. Mind you, this graph does not include the Capitalist class of the top 2%

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    This next graph shows how income has grown by percentiles over the last few years. Notice anything?

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   That’s right. The rich get richer and the poor get poorer.

   If this is your first time, welcome to Class War 101

   Anyone with sense can tell that we can not pretend that the American dream is to be a $250,000aire. The dream is to own your own home, to have a family, to have health care when you need it and a retirement and education for our children.

    The way things are going, that will not happen anytime soon.

    40 + years of supply side trickle down free market economics have devastated states and federal budgets. It is time to face the facts. We need a progressive taxation system that adequately taxes the millionaires whose wealth would not be possible without America.

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    After living high on the hog for so long, the rich can not plead poverty

   It is time to get something back.