Monday, May 08, 2006

The Money of the Rich

The Money of the Rich


“They have seized upon the government by bribery and corruption. They have made speculation and public robbery a science. They have loaded the nation, the state, the county, and the city with debt
Denis Kearney

As I started writing this response it turened into a PDA. Imainge that.

The Rich Don’t Pay Taxes

I admit that I don’t know enough I don’t know enough about taxes system that we live in, but I believe that there’s a lot of truth to what fallows.

Big business pays doesn’t pay taxes. It seems like the richest should pay most taxes, but it seems like they pay the least. They have expensive accountants, huge tax cuts, and countless other tricks to avoid paying taxes. Giving the filthy rich huge tax cuts, doesn’t make any sense. One of the main reasons rich don’t pay taxes is because their profits don’t come in the form of a salaried income, they have their gigantic wealth in the form of a molten of investments, and the large majority of taxes comes from income tax.

The rich then give the all Republicans and most Democrats campaign money they have in return, and then the Republicans use that money to brainwash the slight majority of the Americans, into believing in these lies. Many lies, one of which is that the Republicans are poor and don’t need to be burden with any more nasty evil taxes.

We live in a tiered tax bracket, but the bracket should be higher, a lot.

If you come from a family which has money, often the principle is invested, producing more money. There are trusts for members of the family, which usually are funded primarily by accumulated interest, dividends, money produced by investing the principle. Some of this money is also reinvested, producing more money. With this system in place, you never actually spend your money; it works for you, producing more.

People should be educated about the seriousness of this extremely widespread inequality.

Actually, in our country, there is no Democracy, and the government controls the people.

I’m saying this because Bush was never elected in the first place.

This Domestic Crisis is Very Severe

Poverty should be among the top priorities of state and national governments.

Poverty exists everywhere, in every State in the US, and in every country in the world.

The people should get together and demand that the government change many of its policies towards the rich, and super rich.

If this doesn’t happen then other progressive steps should be taken.

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