Socialism

EEEY. NOTHEENG AGAINST THE LOWER MIDDLE CLASS, BEETCH.

j/k

But seriously we sort of do have a right not to have to become completely poor just because someone needs an operation. Sort of makes sense that the government would at least pay a part of it, and that money also needs to come from somewhere.
And we don't pay no nothing or no next to nothing in no taxes not.

(possibly /complete unfamiliarity with American economics, but surely /lower middle class-coloured standpoint)

And I do not, in fact, imagine fat businessmen when imagine rich people, possibly helped by the fact that I know a few rich people myself. Who happen to happily pay their taxes and don't seem to suffer at all. Or maybe they just seem rich in my lower middle class eyes.

In America

the top 1% pay about 40% of tax revenue.
2-5% paid 20%
6-10 paid 11%.
11-25% paid 15%
26-50%11%

40+20+11+15+11=97% of all tax revenue to the United states government came from the top 50% of income earners while the bottom half of society pays nothing.

Middle and lower class people support socialism as it's not their money that is being taken at gunpoint (yes, gunpoint because if you don't cough up then the government sends it's attack dogs out to take it from you). What supporters don't realize is that if you take money away from the people who open businesses or heavily tax businesses then that money can't be used to create jobs or fund research.

I'll add more when I get back tomorrow evening.

Oh...
My heart 'almost' bleeds for the exploited workers. Except this: The rest of those people are also working off their ass. Your "top" 50% income wouldn't exist without that.

You speak as if income == GDP/person.

That's wrong. Income is the "profit" one gains by selling their labor on the market. However here's the kicker: the top 1% earn several thousand times more than everyone else...

...even when some of them don't work. Even when their companies (of CEOs) are going bankrupt.

I'm not an enemy of rich. Hell I don't care how rich you get. What I'm concerned with is what other people have to pay for a minority to get rich.

http://www.lcurve.org/

As is, with all the "moaning" of "blue murder" and "robbery", the fact is that the quite flat tax rate hurts the poor a lot more than the rich...

...and the super rich are earning impossible fortunes while they run the USA into the ground. They demand a "free" market yet they take insane government subsidies in agriculture - look up the water racket in California - they demand "fair" competition yet they keep lobbying for more and more stringent trademark and patent rights that only favor the big players and makes entry into the market impossible for upstarts. They downsize the homeland industry, move all production overseas and cut worker benefits...

EDIT:

- Source article on the exile

...and get once again get insane profits, but at the expense of everyone else. They're not producing *anything* of value except money for themselves and their shareholders - who are *not* American middle class. Most shares are also in the hands of a handful elite.

This money, as far as the American economy is concerned is bogus. It has no product, no new tangible value behind it... for there was no production in the US to back up such insane "creation" of wealth.

http://www.chrismartenson.com/crashcourse - Money Creation

How the fuck had I not posted in this topic? I remember a communist one, which i threw my ha'penny into.

w/e, i've been in enough of these. I'm a socialist. woot for me, blah blah blah.