End Tax Subsidies For The Very Rich

...in the beginning,only rich white male homeowners paid taxes because they were considered the only true source of revenue.When they lived in a country great enough to call itself the land of opportunity the rich accepted these taxes because there were very few places on earth where they could have made these riches and still lived free.


During The Civil War the wealthy were again called to the help their country.Ditto,The next few big wars including WWI & WWII.


Today's very rich are not so patriotic.In our longest most expensive war they don't mind not only being war profiteers,but also having the lowest tax rate in their bracket in over 100(!) years.


...this is due to the Bush Tax Cuts,or to be more precise:Tax Subsidies:government support to the rich so they can survive.


This comes from the mouths of the very people whom are receiving these subsidies.They claim getting rid of this subsidy would hurt them and our country.


Calling them Tax Cuts  instead of a subsidies does not make this rose smell any better.CEO's and their ilk are robbing their compamies of their wealth with hugh bonues and are paying themselves up to 500 times more their average employee's wages;corporate welfare(we've all heard about the five hundred dollar hammers)..corporate  tax havens in Wyoming and the Bahamas...etc,etc,and so forth.


Just how much wealth are the wealthy TAKING away from the tit of The United States Of America,anyway?!?


If these self-same corporate heros are going to tell the rest of us that we are all going to have to bite the bullet and wean ourselves off of governmental based services-basic stuff like schools,protection,food and medicine-they should-at least-put their money where their mouth is and lead by example.They should be taking the silver spoon out of their own mouths and stop feeding off the government and make this a true free market country.


Of course,this will happen when Hell freezes over.


But,perhaps,the sense of entitlement via the governmental tit is not the most apropos analogy.
What is that big business saying...."it's not what you know,,,,it's who you blow."


Nuff Said.

Happy 235th Birthday America

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A DREW102 REPEAT: How CEO's-Not Unions- Are Destroying America:

Here is a repeat of a previous post:



It is easier for a camel to get through the eye of the needle than for a rich man to enter the kingdom of God
 

In 1965 the average company CEO made 24 times more than his average worker.What this meant was that it took this average worker 24 days to earn what this CEO did in one day.


Today,the average CEO's paid package conservatively makes a staggering 364(some modern statistics go higher and claim up to 500) times more than their average employee.


While it can be said that figures lie and liars figure,I am going to say that these numbers,in most circles,add up correctly.I am not absolutely certain however,because of the different ways of adding CEO pay both favorably and vice versa.


That being said,it is a jaw dropping statistic:modern CEO's make in ONE day(!)what it takes one of their average employees to incur in a whole year.Day after day,the company CEO,over and over again,remakes a whole year worth of wages of someone in his employment.


What-to me-makes this so so shocking,is the fact that American businesses don't seem to be doing 340 times better than their 1965 counterparts.


In fact,just the opposite seems to be true.For instance,bankers/speculators/mortgage barons are bankrupting our economy and getting government bailouts to save everything from supposedly collapsing under their tutelage.Million dollar bonuses paid via these government handouts seem just par for the course.


No one seem to be asking,if these are their bonuses for screwing up...just what were their paychecks worth,anyway?


When more and more average Joes are being laid off,getting their pay cut and told time and time again that they must sacrifice in lieu of the global economy because these are tough times just how much are these CEO's willing to sacrifice?


It appears they aren't.


It makes me wonder...just how much does the global economy actually have to do with the tough times most blue collar workers are experiencing?


How much is class injustice?How much is corporate greed?


Let's not get into leverage buyouts and their ilk.Let's just concentrate on the average CEO wages.


It would not be unfair to assume that a fair and reasonable wage for a CEO should be 100 times more than his 1965 counterpart.After all,the CEO,while not 'the company' is an integral part of the ship.The rudder,perhaps,even the engine.124 times the ship's nuts and bolts seems a very good compensation.Company first and all that rot.


That leaves one hundred forty positions that could be filled within the company at no cost to the company.Hell,hire half that and you still have a very tight ship.




Now,multiply that by the hundreds of corporate CEO's out there and this economic downturn suddenly seems not caused by the global economy,but rather on corporate greed.


How many Americans are out of work simply because the men at the top are over paying themselves times the hundreds?


This is outrageous behavior.No wonder corporate America has so ingrained itself within the government.No wonder they have to spend so much money on the thousand of lobbyists they throw into congress.


If their causes were so just would they need to lavish senators and U.S. Representatives so persuasively?Would they have to blitz the media so seductively so all of the time?


No.They wouldn't.


Yes,I know what you are thinking.If we don't cower before the might of these kings of industry that they will go and take their money elsewhere.


I say,let them.First off,they are already half way there.These muti-national corporation giants don't generally give a hoot about America's well being anyway.So,leave.Take off.Do what ya gotta do.


Why do I shout this?Because where are they going to have it better off than right here in the good ol' U.S.A.?Nowhere,that's where.But,if they are strong on leaving go.


Why?Because America is still the land of opportunity.Immigrants,both legal and illegally are dying to get into this great land and make a name for themselves.


So,Mr.BigWig CEO.Take off.Don't let the door hit you on the way out.Don't go away mad.Just go away.I'm not worried that you leaving will in anyway leave a muti-millionaire CEO leadership void.


America has got you covered.We'll make more.

Jesus answered,"If you want to be perfect,go,sellyour possessions and give to the poor and you will have treasure in Heaven.Then come follow me.When the young man heard this statement,he went away sad,for he had many possessions.