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Reply to "Why aren't more discussions about blatant greed"
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[quote=Anonymous][quote=Anonymous][img]http://assets.pewresearch.org/wp-content/uploads/sites/12/2015/03/FT_15.03.23_taxesInd.png[/img][/quote] I thought it was Republicans who, rightfully IMHO, pointed out the silliness of saying that anyone earning more than $250K is "rich". This graphic tells you nothing about billionaires and corporations, both of which pay a much, much lower effective tax rate on their rentier income than UMC individuals who actually work for a living. Actually, this illustrates why our tax code is so messed up, because you have wealth UMC professionals with mid-to-high six figure incomes aligning with people who have net-worths in the high 8 figures and above on taxes...not realizing that they are being scr3w3d just as much as the person earning $100K. Now, I have a mid-six-figure HHI, and I'm not going to sit here and even cry DCUM poor and claim I can't afford my tax burden. But it does bother me that while I pay such a large fraction of the money I have to work everyday for to the government, the rentier class pays a tax rate a fraction of my own. The hedge fund managers particularly get me angry, since they literally add no value to the economy (that's the underlying theory of a hedge fund). My cousin is a hedge fund manager, and he agrees with this assessment BTW.[/quote]
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