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The cap on SSI taxes needs to be raised by a whole fricking bunch!
ReplyDeleteGREAT ITEMS!!! The "rich" will always get richer, but some do not, losing it all with bad business decisions and operations. Much of their wealth is tied to "securities of variable value". YET THEY need the "little people" to work for them. How much they SHARE their wealth can be variable!
ReplyDeleteElon's wealth can be greatly diminished in seconds, on Wall Street. Bezos' wealth can be diminished if Amazon kaputs, or if people realize they can get the same thing locally for less money. Zuck's fortune is probably more safe as people will always want to see what others are doing! The Walton family has used their family fortune to build their own individual fortunes, whether from long-term investments or personal activities.
Is the wealth of the people Bernie mentioned due to their business success, from better investment decisions, or a combination thereof. ONE man has demonstrated that wealth does not equal "long-term smarts".
The «American Dream» is no more the hope of 99% of Americans. You are now entering the «American Nightmare» for many reasons like being less protected from your government(s) and at the mercy of the 1% wealthy people who own all part of USA's economy and politic system.
ReplyDeleteNothing new since the 30's when there was that battle between the government and the rich business owners.
History is in USA a never ending story and the «We The People» have not much control on their lives or destinies.
Having a felon, bankcrupt, liar, rapist in the White House is not the best odds for the future.