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Wednesday, August 10, 2011
The Rich Get Richer, The Poor Get Poorer
Thanks to right wing policies over the last two decades, the middle class have been systematically destroyed. So the wealthiest can gain even more profit while shipping jobs out of the USA.
Tax rates on the top tax bracket:
1918 77%
1921 73%
1923 56%
1924 46%
1925 28%
1929 24%
Great Depression
1945 94%
1955 91%
1965 70%
1975 70%
1980 70%
1982 50%
1987 38%
1993 38%
2003 35%
2008 Great Recession
2011 "Effective" tax rate--17% and still declining.
2012 Great Depression II?
Similar Point of View:
http://pushedleft.blogspot.com/2010/12/rich-get-richer-poor-get-poorer-and.html
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2 comments :
You mean LEFT WING AND right wing policies from the last two decades. It's a one party system against the people.
I cannot disagree with that. It has become the battle between those that have, and everyone else.
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