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View Diary: The French newspaper Le Monde reports 1.5 million living the American dream on $2 a day (170 comments)

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  •  I had to explain this (32+ / 0-)

    to my own mother when I heard her repeat that very thing because she read it in the MSM.  I had to remind her that when both my sister and I were young and just starting out on our own, in effect, we paid little or no taxes because we earned so little.  I also had to remind her that any elderly person relying solely on Social Security is also probably in that same group.  Then my final argument was that in the last 30 years or so, the only group whose incomes have outpaced inflation to any extent is the very wealthy and their incomes and percentage of wealth is even greater than the time before the Great Depression.  I reminded her that they want even more tax cuts even though their taxes are the lowest in 60 years.  I think I made my points because she did tell me that she had not thought of it that way.

    This is one of the most dishonest lies ever perpetuated by the MSM.

    "Growing up is for those who don't have the guts not to. Grow wise, grow loving, grow compassionate, but why grow up?" - Fiddlegirl

    by gulfgal98 on Sun May 27, 2012 at 07:56:24 AM PDT

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    •  Most of the 1% never have "enough" (2+ / 0-)
      Recommended by:
      Don midwest, codairem

      because as long as they're breathing, they believe they're supposed to obtain more and more.

      "Tax cuts for the 1% create jobs." -- Republicans, HAHAHA - in China

      by MartyM on Sun May 27, 2012 at 12:29:49 PM PDT

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    •  Between double payroll taxes... (0+ / 0-)

      ....and medical insurance, the worst hits are taken by small businesspeople like myself, and the benefits go to private equity holders of carried interest, who pay taxes at the long-term capital gain rate and pay no payroll taxes.

      The conversion of medical insurance premiums from a deduction into a partial tax credit is going to be huge for me in 2014 if the Supreme Court doesn't overrule Obamacare.

      9-11 changed everything? Well, Katrina changed it back.

      by varro on Mon May 28, 2012 at 12:28:31 PM PDT

      [ Parent ]

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