Reply #38: If tax reveneus are up because of stock sales and 10% of Americans

[1932]

own 90% of stock assets, then that's not a a good sign. And tax revenues are also up because last year the government gave a one-time break on the repatriation of corporate money to the US that should normally be taxed at a much higher rate. Companies that had been sheltering billions overseas for years, brought it all back to pay their CEOS more money in low-taxed dividends, after it was taxed at low repatriation rates. It's a one-time windfall to the treasury, unlikely to be repeated, and another concentration of wealth in the hands of the wealthy.

Also, if small businesses, self-employed, and people who work at MacDonalds have low-paying jobs, it doesn't mean they're thriving.

Every indicator shows that the small sliver of wealthy are getting wealthier, and working people and middle class are struggling with more debt, lower wages, and higher costs of health care, insurance, energy and education. That's not good. That's a lot like the circumstances that precipitated the Great Depression.