Tag: rich

The national debate about widening inequality only focuses on taxing the rich to redistribute their income downward. But what about the upward redistributions hidden inside the market from the rest of the rich?

According to the Credit Suisse Global Wealth Databook, the wealthy elite's continuing disdain for the poor, the middle class and people all around the world is disturbing. These wealth gap realities are victimizing the great majority of Americans.

Political competition is no longer between Republicans and Democrats—it's between the 99 percent and the economic elite who influence the rules by which the economy runs. Let's stop the pre-distribution upward.

There is a huge inequality of wealth issue in the United States separating citizens into two groups: the 1% and the 99%. If this unjust gap continues, the U.S. is going to see a societal eruption fighting for equality. The clock is ticking.

As poor Americans continue to get blamed for being poor, it's the free-market system that pays them too little to avoid being dependent on the safety net—the vicious circle of hypocrisy.

Welfare in the U.S. flows vertically in two directions from a single source—the middle-class. The redistribution of wealth that flows up to the rich is far greater and more concentrated than the wealth that flows down to the poor. This is a major problem.

"There is no decadence like the decadence of rich white people." Rich white families have the license and the power to amass unimaginable wealth at our expense and it permits the rich to inflict poverty on growing circles of the population.

There is no other way to rip the power away from corporate oligarchs and return it back to the people unless we take to the streets. It's time we terrify corporate power—it's time for a revolution.

The trend toward widening inequality in America can only be reversed if we all join together to demand fundamental change. While the political competition isn't between the right and the left, it's between the majority of Americans and an economic elite.

With extreme inequality plaguing the U.S., the rich continue to bankrupt the middle and lower classes. They have a feeling of entitlement from our nation's many years of productivity. We have to stop ignoring the real problem.