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Wealth Inequality in America


Wealth Inequality in America

Entry #39


JAP69Comment by JAP69 - January 5, 2014, 12:26 am
With wealth inequality we may need to look at what creates the wealth inequality among individuals.
The lower percentile of individual personal wealth held work for their money.
The upper percentile of individual personal wealth held money works for them.

As it has been said, It takes money to make money.
emilygComment by emilyg - January 5, 2014, 10:47 am
Why don't Obama, Pelosi, Gore etc work for less. They like their money.
Comment by onlymoney - January 5, 2014, 2:43 pm
I saw this video a while back. Great breakdown video. Emily, that can be said for rich republicans too.
MADDOG10Comment by MADDOG10 - January 6, 2014, 10:12 am
Good video, only goes to show the moronic stupor every American thinks of wealth distribution...
Comment by JezzVim - January 6, 2014, 11:57 am
Started many years ago.   When they laid off or fired people and had the remaining employees do the job that their fellow employees did.   Then they started paying less, then they sent the jobs overseas for less wages and no government regulations. They claim off shore headquarters so they can avoid taxes to the US, yet they sell their products here. They also get tax breaks in the US.

Take for example this.   In Philadelphia, Comcast built a multi million dollar building. They cable company has more money they know what to do with. But they don't have to pay taxes on that building for 10 years. ALL new construction in Philadelphia has the 10 year tax abatement. But the City of Philadelphia raised taxes on people that can't afford to pay to rehad their homes to get that tax break. So if you are rich, you don't have to pay taxes on a million dollar home for 10 years, then move to a new home in ten years and don't pay taxes on your home for another 10 years....shall I go on? Somebody tell me what is wrong with this??    I have a few more examples of what is going on..........more later.

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