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1.08.2003
And the winner for worst policy decision yet by the Bush Administration..... The 600 billion dollar stimulas plan that does nothing more than let stockholders make more money while shoving the tax burden and brunt of social spending straight up the asses of the working class. Class Warfare : The actions of one class to damage or destroy the members of the other class. This seems to fit the bill pretty well. But you might notice that it was the pres and the admin that brought up the term. Maybe they're self conscious of what they are doing. Its pretty blatent after all. Very few of the working class collects dividends of stocks. Many have been herded into 401K plans that tie their retirement security to wall street, but these plans are already tax defered. I consider the actions of this government to be telling. They don't work, they have nothing but disdain for people that work for a living and have no concept of what its like to live in the economy they so often applaud. Double Taxation: Oooh... welcome to the reality of the working class. Where we watch almost all of our salaries getting taxed away either through the government or the market. And yes I consider the outrageous demands that wall street has for greater and greater profits a form of taxation without representation. Every purchase that we make has a rich tax attached to it. We support the investor class through our overpayment for goods that we produce. Workers produce all the wealth, its as simple as that. Workers build equipment, build buildings, make phone calls, pave streets, teach children, make food, sack groceries and do everything else in society. Yet our share of the wealth has stagnated while the wealthiest has watched their incomes skyrocket by over 150%. That is class warfare. Our pres only understands the mentality of the investor class (never having worked) that insists that merely hoarding the wealth and controlling the access to the earths bounty gives them the right to demand more and more wealth from the working class. This is why the pres thinks that it is a good idea to eliminate dividend taxation. Let more of the wealth created by the working class go to the wealthy without having to contribute to the institutions of government that might be used to provide education, health, security, transportation, research and more for the workers that make it all happen. Weakening the (somewhat) accountable government and moving all needs into the realm of unaccountable private tyranny allows for more exploitation of the working class. IT IS A BRIBE! Maybe if we give the rich more money they will give us jobs. Well, need creates jobs. The drive for greater profits restricts employment to reduce labor costs. There are needs that are not being met. The power of the investor class and their demand for greater wealth is causing economic stagnation. They dont mind high unemployment, it makes labor cheap. | |
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