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manyVSmoney commented on the blog post Fiscal Commission Recommendations: VA Co-Pays, Top Tax Rate 23%
What “gets made” in the U.S.A when everyone doesn’t stay home, besides pizza, sandwiches, and new bombing targets?
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manyVSmoney commented on the blog post Fiscal Commission Recommendations: VA Co-Pays, Top Tax Rate 23%
Tragically, it looks like they will take a large chunk of the 12.3 percent they do not already own before the other 280 million accept that it will require the literal risk of loss of life or limb to push them back, at all.
The indoctrination and the purchased power behind it is so overwhelming at this point that there is little chance of a political solution to the dominance of wealth. Events are progressing towards where they always do when the wealthiest unwisely take it all, just because they can.From time to time, they have to be reminded to fear the rest of us. It is too late to reign them in through the ballot box.
http://www.levyinstitute.org/pubs/wp_589.pdf
(bottom of page 32)“..it is possible to provide a partial update of the wealth figures to July 1, 2009 based on two notable developments….
…Trends in inequality are also interesting…. The share of the top 1 percent advanced from 34.6 to 37.1 percent, that of the top 5 percent from 61.8 to 65 percent, and that of the top quintile from 85 to 87.7 percent, while that of the second quintile fell from 10.9 to 10 percent, that of the middle quintile from 4 to 3.1 percent, and that of the bottom two quintiles from 0.2 to -0.8 percent. ..the share of households with zero or negative net worth, from 18.6 to 24.1 percent.”
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