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Sun Jul 16, 2017, 10:13 PM

Trump's tax proposal would push US below Greece on inequality index

Source: The Guardian

Donald Trump’s tax reform plans would, if enacted, increase the gap between rich and poor Americans and see the US slip below Greece on a new global index of inequality.

According to the Commitment to Reducing Inequality (CRI) index, developed by researchers at Oxfam and Development Finance International, the US already distinguishes itself among wealthy countries by doing “very badly” at addressing inequality.


How can a child die of toothache in the US?
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But it would fall a further six places from its ranking of 23rd overall if Trump’s tax reform effort is successful, with the US’s specific rating on tax policies plummeting 33 places from 26th to 59th – just below Peru, Chile and Sri Lanka.

“When you already have countries like Portugal and Slovenia ranking higher than the United States on the overall index, we think that’s a concern considering the wealth of the US,” Paul O’Brien, Oxfam America’s vice-president for policy and campaigns, told the Guardian.

Read more: https://www.theguardian.com/inequality/2017/jul/17/trump-united-states-tax-reform-plan-greece-commitment-to-reducing-inequality-cri-index



Lets not forget he has three individuals that use to work for the blood sucking octopus called Goldman Sach's and what they did in Greece.

http://www.rollingstone.com/politics/news/the-great-american-bubble-machine-20100405


ttps://www.theguardian.com/business/andrew-clark-on-america/2009/jul/14/goldmansachs-banks


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Always highlight: 10 newest replies | Replies posted after I mark a forum
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Arrow 12 replies Author Time Post
Reply Trump's tax proposal would push US below Greece on inequality index (Original post)
turbinetree Jul 2017 OP
Bernardo de La Paz Jul 2017 #1
workinclasszero Jul 2017 #3
iluvtennis Jul 2017 #4
workinclasszero Jul 2017 #5
iluvtennis Jul 2017 #7
workinclasszero Jul 2017 #9
Bernardo de La Paz Jul 2017 #10
Solly Mack Jul 2017 #2
Doug the Dem Jul 2017 #6
sandensea Jul 2017 #8
raven mad Jul 2017 #11
Cosmocat Jul 2017 #12

Response to turbinetree (Original post)

Sun Jul 16, 2017, 10:51 PM

1. If income & wealth inequality is not addressed ASAP, the AI revolution underway will create riots.


Wealth & Income Inequality is a very corrosive social problem. It must be addressed ASAP.

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Response to Bernardo de La Paz (Reply #1)

Mon Jul 17, 2017, 12:13 AM

3. Apparently the rich in this country have no conscience and no fear

I mean hell they are this close to killing all health care for millions of Americans and republicans in Missouri and elsewhere are forcing down wages raised by the voting public.

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Response to workinclasszero (Reply #3)

Mon Jul 17, 2017, 12:22 AM

4. Just sickening.

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Response to iluvtennis (Reply #4)

Mon Jul 17, 2017, 12:25 AM

5. Here is a fresh article about it

Local Governments Raise Minimum Wage–Republicans Fight To Lower It (VIDEO)
By Ted Millar on July 16, 2017

Republicans love to tout “local control,” “states’ rights,” and “smaller government.”

But when St. Louis, Missouri raised its minimum wage to $10 per hour, Republicans saw it as a bridge too far.

Missouri Republicans passed a law recently prohibiting counties and cities from creating their own minimum wage laws.

And it doesn’t stop there. The new legislation actually decreases the minimum wage to $7.70–lower than it was before it was raised.
https://www.democraticunderground.com/10029335206

http://www.liberalamerica.org/2017/07/16/minimum-wage-lower/


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Response to workinclasszero (Reply #5)

Mon Jul 17, 2017, 12:35 AM

7. The ppl voted for the increase- GOP has no right to overturn it. GOP is bunch of thugs.

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Response to iluvtennis (Reply #7)

Mon Jul 17, 2017, 01:36 AM

9. Yes they are

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Response to workinclasszero (Reply #3)

Mon Jul 17, 2017, 05:45 AM

10. NOT all the rich in the country. Many DO have a conscience. . . . . nt

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Response to turbinetree (Original post)

Sun Jul 16, 2017, 11:22 PM

2. K&R

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Response to turbinetree (Original post)

Mon Jul 17, 2017, 12:27 AM

6. Which is Exactly What He Wants

 

As do people like Jamie Dimon, despite his protestations.

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Response to turbinetree (Original post)

Mon Jul 17, 2017, 12:41 AM

8. There's no doubt that Cheeto would worsen inequality - but to a deeper inequality than Peru?

Sounds a little exaggerated. To wit:

Miraflores, a wealthy Lima district:



San Juan de Lurigancho, the most populous Lima district:

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Response to turbinetree (Original post)

Mon Jul 17, 2017, 06:42 AM

11. It's exactly what the plan calls for, and began way before sTrumpet.

Go all the way back to Nixon, and farther, and check the history of wage disparity.

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Response to turbinetree (Original post)

Mon Jul 17, 2017, 07:47 AM

12. Its just helpless

It is so very real, so very provable

But, the populace in this country has its collective brain turned to mush by right wing propoganda and collectively people buy the bullshit about tax and spend liberals/"them" taking handouts, with people swooning over the flag waving and christian bullshit.

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