5 Ways Rich People's "Entitlements" Cheat You and Me
"By Paul BuchheitFebruary 10, 2014 "Information Clearing House - "Alternet" - The word 'entitlement' is ambiguous. For working people it means "earned benefits." For the rich, the concept of entitlement is compatible with the Merriam-Webster definition: "The feeling or belief that you deserve to be given something (such as special privileges)." Recent studies agree, concluding that higher social class is associated with increased entitlement and narcissism."
"1. Income: Mocking Our 'Progressive' Tax System
2. Wealth: Trillions in Financial Gains, Zero Tax
3. Financial Transactions: Trillions in Speculative Purchases, Zero Tax
4. Subsidies: Alms for the Rich
There's more. A regressive payroll tax, an almost nonexistent estate tax, the lower capital gains rate on carried interest for investment managers, trillions socked away in tax havens -- all involve tax avoidance by wealthy Americans who feel entitled to their privileged positions.
Entitlements for the rich mean cuts in safety net programs for children, women, retirees, and low-income families. They threaten Social Security. They redirect money from infrastructure repair, education, and job creation.
And the more the super-rich take from us, the greater their belief that they're entitled to the wealth we all helped to create."
This is a view of entitlements of the rich, not the average retired or disabled or poor.
Entitlement seems to be a paradigm that can't be rectified by optics.
In truth, the taxpayer provided infrastructure does enable the wealthy.
Poll questions because I have lost the access to post them
Why are these "entitlements" not a part of our National dialogue?
Political pressure from the wealthy.
Ignorance of the non-wealthy.
It's simply not true.