I am less interested in how much income tax we pay then then I am in a wealth tax. Wealth increases have a much more important effect in society than income. Wealth is capital and capital controls society! Also, the 1% are smart enough to see that they are “paid” in wealth rather than in[...]
Posts Tagged ‘wealthism’
Will Jack Ma run for President of China?
Jack Ma co-founded Alibaba, China’s internet behmoth .. worth $500 billion. He rose to that role from poverty, the fulfillment of the Chiness Dream. Now Ma’s own wealth is estimated at $40 billion but his power rivals all but President Xi. In a letter to shareholders and emp[...]
Bezos Becomes a Giver!
Jeff Bezos launches $2 billion philanthropic fund targeting homelessness, preschool education The Amazon founder, the world’s wealthiest person, said on Twitter on Thursday that he would commit $2 billion to fund existing nonprofits working to help homeless families, and create a network of new no[...]
KOCHS TO FLOOD MIDTERMS
Who cares about political parties when one family can “DO” democracy? The Koch network plans to spend unprecedented sums to maintain Republican majorities in the U.S. Senate and House of Representatives. KOCH Politics, as I call this entity, will sell voters the benefits of the n[...]
Both Democrats and Republicans, Carter said, “look upon this unlimited money as a great benefit to themselves.”
The United States is now an “oligarchy” in which “unlimited political bribery” has created “a complete subversion of our political system as a payoff to major contributors.” Jimmy Carter: The U.S. Is an “Oligarchy With Unlimited Political Bribery” According to the former president, A[...]
What Rich Peers Do For The Brits
Revealed: rich peers paid for doing nothing Multimillionaire peers are claiming up to £40,000 a year in expenses for attending the House of Lords while making little or no contributions to debates, committees or questions, an investigation by The Sunday Times has found. Critics — including peers [...]
Will Trump Tax the Rich?
STEVE BANNON PUSHING FOR 44 PERCENT MARGINAL TAX RATE ON THE VERY RICH Steve Bannon is pushing for a new 44 percent top marginal tax rate for taxpayers earning more than $5 million a year! The the revenue would pay for tax cuts for the middle class. This seems utterly at odds with Trump̵[...]
WHY I OPPOSE PROP 1
If Prop. 1 were a character in a novel, the genre would be picaresque, like “Don Quixote” — lurching from one misadventure to another toward its fate. .. Seattle Times Proposition 1 is on our ballot. It would add a .1% sales tax and use that money to “support the arts.” That so[...]