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   PoliticsThe Runaway Income and Wealth Inequality in America


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From: ryanaka8/10/2019 10:56:40 AM
   of 67
 
The deadly Cancer of America = Tucker Carlson

theguardian.com

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To: golfer72 who wrote (23)8/17/2019 1:43:59 PM
From: ryanaka
   of 67
 
Perhaps you don't understand what "Inequality" means.
It is measured in terms of the delta, the difference, not by the size of each quantity.

Let say, the difference before Trump was = y - x, where y=top 1% income, x=the income of everyday Joe.
Suppose Trump makes wages increase.

Trump and Republicans made the reality of this wage increase this way:
y grows to 10y
x grows to x + 0.1x

So the new inequality is:
10y - 1.1x

The initial inequality is bad enough because y >> x.
Now Trump and republicans made the inequality astronomically worse.

You being a gopher72 no wonder why you are so stupid.

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From: ryanaka8/29/2019 12:58:15 PM
   of 67
 
America will be owned by wealth oligarchs

“Private capital is increasingly replacing public pools of capital."



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From: ryanaka8/31/2019 3:18:18 PM
   of 67
 
Opportunity zones are the next big thing for the super-riches of America.
Opportunity zone is the tax break for the poorest cities.
This tax break is another tax dollar windfall by Trump for the stinking riches.


This will not end well.
This runaway wealth inequality will not end well.
Great Depression will come.


nytimes.com

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From: ryanaka9/15/2019 12:28:17 PM
   of 67
 
The middle class gets poorer.
The Trump supporters and Republicans are making sure it happens.
cbsnews.com

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From: ryanaka9/20/2019 11:24:03 AM
   of 67
 
THE RICH GOT FILTHY STINKING RICH PARTLY DUE TO THIS:
"Since 2013, S&P 500 companies have purchased $3.5 trillion worth of shares. Part of the reason SPX is up 300% since 2008 despite NEGATIVE net flows into U.S. stock funds.."



$3.5Trillion over 5 Years!
The top 0.1% received many trillion dollars in just a few years.



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From: ryanaka9/26/2019 2:57:52 PM
   of 67
 
U.S. income inequality at highest level in 50 years, economic gap growing in heartland
Six states with the biggest yearly gains in inequality were primarily in the heartland — Alabama, Arkansas, Kansas, Nebraska, New Hampshire and New Mexico
nbcnews.com
.


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From: ryanaka10/4/2019 11:19:58 PM
   of 67
 

finance.yahoo.com

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From: ryanaka10/10/2019 12:17:01 PM
   of 67
 
The Rich Really Do Pay Lower Taxes Than You

For the first time on record, the 400 wealthiest Americans last year paid a lower total tax rate — spanning federal, state and local taxes — than any other income group, according to newly released data.



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From: ryanaka10/18/2019 8:36:13 AM
   of 67
 
Wealth Transfer: Poor => Rich

1. Trump Tax Giveaway

2. Corporate Stock Buyback: $1.75 Trillion over two years (2018 & 2019)


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