what the article fails to mention is that this only applies to the middle and lower classes, but not the rich.
the wage gap is now where it was in the guilded age, right before labor strikes and the great depression.
there is only so much money. if your boss keeps taking it all, theres less for you, meaning you dont get a raise, or your benefits get cut. when it
comes to "cost cutting jobs", yours is on the block. you are the one that gets your salary cut, or your bonus gets cut. it never effects the ceo
that makes more than 100x the amount you do.
this just shows how "trickle down" is a failure. since its inception the rich have gotten richer and you have been left behind.
look at history. from 1950 till 1980, taxes on the rich were over 50%. the top 1% went from controlling 25% of income to 10%. since they had less,
the middle had more. from 1980 the rich have gone from 10% control to 30%. since they have more, you have less.
to top this off, they pay less as a percentage in tax than you.
the only way to stop this is to join a union, since your politicians are bought by the rich and make the rules for the rich, tossing you scraps. some
of you say that unions are not needed, that we have laws to prevent the corps from taking advantage of us. just remember, the laws created can be
repealed. also, the corps will not treat you well "just because". if they did, then why do they run sweatshops in third world countries? they
would do that here if they could.
let me boil it down for you.
-the corp only has so much money, so if the people at the top keep taking more, that leaves less for you.
-you, alone, cannot fight the corp.
-some of you say "start your own business". so the corp can come in and undercut your prices and drive you out of business? yep, great plan.
-"get an education!". more college grads living at home than ever. also, all those people making less? the middle class? those are the people
with an "education".
-the rich get more and more tax cuts and breaks because they have bought the politicians. the politicians sell this to you, saying it will benefit
you because they are "job creators", yet your wage has gone down and they havent created any jobs. the evidence proves "trickle down" is
btw, the people at the top should make more than the middle, but within reason. if you make 50k a year, your boss shouldnt make 100x that amount. do
you know what 50% of 5 million is? more than you will make in a decade.
but if you tax the rich, they will leave or stop producing! bs. the people at the top work for no other reason than to work. they made a lifetimes
worth of money in their first 5 years. they are smart enough to just sit back and live for the rest of their lives on what theyve already made if
they wanted to, but they dont. why? because their reason for living is to work. take all their money and they would still work. its pathological
for them. also, they didnt leave or quit when taxes were over 50% before, so why would they do it now?
just my 2 cents, actually just 1 cent, my salary was cut to save the corp money, allowing them to give my ceo a bonus of 3 million.