The top 1% of Richie Rich types in the USA control 50% of all domestic stock value. The top 10% control 99% of all stock value in the USA. No wages to pay tax on, only capital gains which are taxed at a much lower rate, if at all
Trickle-down economics (started under Reagan) is now is now an undeniably invalid theory. Yet republicans still push it and lower taxes on the top 10%. — Also, like the reference to the French Revolution in the illustration.
During debt-ceiling negotiations yesterday, when the Biden team wanted to close some loopholes in the tax laws that the ultra-wealthy use, McCarthy and the turtle answered with a resounding NO. ABSOLUTELY NOT!
Motivemagus about 1 year ago
Income inequality is a major threat to democracy, at the very least.
aristoclesplato9 about 1 year ago
The gap was shrinking under Trump – and exploded under Biden.
Now good luck finding a Democrat to explain those facts.
Free Radical about 1 year ago
The top 1% of Richie Rich types in the USA control 50% of all domestic stock value. The top 10% control 99% of all stock value in the USA. No wages to pay tax on, only capital gains which are taxed at a much lower rate, if at all
Lou Nattic, né Stan C about 1 year ago
Oh, poor AP9, no likes or replies to his made-up sh!t. Soooo lonely!
dmsmithbsp about 1 year ago
Trickle-down economics (started under Reagan) is now is now an undeniably invalid theory. Yet republicans still push it and lower taxes on the top 10%. — Also, like the reference to the French Revolution in the illustration.
Radish the wordsmith about 1 year ago
Republicans defend tax cuts for billionaires constantly.
moosemin about 1 year ago
During debt-ceiling negotiations yesterday, when the Biden team wanted to close some loopholes in the tax laws that the ultra-wealthy use, McCarthy and the turtle answered with a resounding NO. ABSOLUTELY NOT!