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Reply #36: richest 1% holds 42% of Americas Financial Wealth, top 5% holds 72%, bottom 80% holds only 7% >link> [View All]

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dogmoma56 Donating Member (329 posts) Send PM | Profile | Ignore Thu Jun-16-11 08:29 PM
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36. richest 1% holds 42% of Americas Financial Wealth, top 5% holds 72%, bottom 80% holds only 7% >link>
the problems in the USA are primarily caused by inequitable wealth distribution engineering and inequitable taxation.

http://sociology.ucsc.edu/whorulesamerica/power/wealth....

richest 1% holds 42% of Americas Financial Wealth --that is 6 Tines what the bottom 80% hold--, top 5% holds 72% --10 times the bottom 80%, bottom 80% holds only 7% of americas Financial wealth..so 93% of Americas Financial Wealth is horded by the top 20%.

the top 20% do not pay their fair share of taxes, what is quoted is before loopholes. the majority of income to the rich is capital gains Income. if the lower 80% wins the lottery they pay BEFORE THEY SEE A PENNY, MINIMUM OF 28%, BUT ~40% TO 50% for less than what the top 5% can make in a day and pay 15%, so how did the rich Vaccinated against taxes.??

the GOP believes that wealth/power is proof of gods favor of a man so it is a sin to tax them, and the poor are being punished by god so it is a sin to help them and not torment them. this Anti-Christ crap is a product of Doug Coes "the Family, AKA: the Christian Mafia, they call themselves that.

their organization was started by a Nazi, Abraham Vereide in 1934. Vereide started the popular Prayer Breakfasts that Politicians are always going to.. Doug Coe, who picked up Vereide's torch/cross personally draws up the guest list and chooses who speaks. Coe and 'Family' members call themselves the Christian Mafia the organization is constructed of secret prayer cells. they have taken over the leadership of the GOP, and the Evangelical movement to create a Theocratic government without the present Constitution.

http://doggo.tripod.com/doggchrisdomin.html

read Jeff Sharlets books.. 'the Family' and 'C street' cheat used ai Amazon. another good book is 'American Fascists'

http://www.forbes.com/2009/01/29/irs-high-income-person...

http://www.quickanded.com/2010/02/effective-tax-rates-o...
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