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House blocks funding for health care law

Census: Income gap between rich and poor got wider in 2009

"WASHINGTON (AP) — The income gap between the richest and poorest Americans grew last year to its widest amount on record as young adults and children in particular struggled to stay afloat in the recession.

The top-earning 20% of Americans — those making more than $100,000 each year — received 49.4% of all income generated in the U.S., compared with the 3.4% earned by those below the poverty line, according to newly released Census figures. That ratio of 14.5-to-1 was an increase from 13.6 in 2008 and nearly double a low of 7.69 in 1968."

Census: Income gap between rich and poor got wider in 2009 - USATODAY.com

So what? It is not a problem. You just want wealth distribution. **** that. Top execs made lots of money because their skill-set is in high demand and there is not much qualified supply. The poor have little to no skills and there is plenty of supply for available jobs. It is their responsibility to get the training and education to make a career move. I guess they shouldn't have dropped out of high school, huh?
 
So what? It is not a problem
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I guess that depends on whether you think more and more middle class falling under the poverty line is a good thing or not:

"NEW YORK (CNNMoney.com) -- The nation's poverty rate jumped to 14.3% in 2009, its highest level since 1994, and the 43.6 million Americans in need is the highest number in 51 years of record-keeping, the government said Thursday.
Census Bureau reports new spike in poverty - Sep. 16, 2010

You just want wealth distribution. **** that.

No, I want to stop the wealth redistribution began under Reagan and continued with Bush and the new Congress.

Top execs made lots of money because their skill-set is in high demand and there is not much qualified supply. The poor have little to no skills and there is plenty of supply for available jobs. It is their responsibility to get the training and education to make a career move. I guess they shouldn't have dropped out of high school, huh?

I would like to see your facts on how many teachers, firefighters and police dropped out of H.S.?

By how much do you feel our teachers, firefighters and policemen are being overpaid?
 
I don't that this is true, you don't mind "redistribution" as long as it's being given to you.

.

I guess that depends on whether you think more and more middle class falling under the poverty line is a good thing or not:

"NEW YORK (CNNMoney.com) -- The nation's poverty rate jumped to 14.3% in 2009, its highest level since 1994, and the 43.6 million Americans in need is the highest number in 51 years of record-keeping, the government said Thursday.
Census Bureau reports new spike in poverty - Sep. 16, 2010



No, I want to stop the wealth redistribution began under Reagan and continued with Bush and the new Congress.



I would like to see your facts on how many teachers, firefighters and police dropped out of H.S.?

By how much do you feel our teachers, firefighters and policemen are being overpaid?
 
I don't that this is true, you don't mind "redistribution" as long as it's being given to you.



Have you not looked at the census data? The super-rich are not getting less rich., it is the middle class that is falling under the poverty line.

By how much do you feel our teachers, firefighters and policemen are being overpaid?
 
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Census: Income gap between rich and poor got wider in 2009

"WASHINGTON (AP) — The income gap between the richest and poorest Americans grew last year to its widest amount on record as young adults and children in particular struggled to stay afloat in the recession.

The top-earning 20% of Americans — those making more than $100,000 each year — received 49.4% of all income generated in the U.S., compared with the 3.4% earned by those below the poverty line, according to newly released Census figures. That ratio of 14.5-to-1 was an increase from 13.6 in 2008 and nearly double a low of 7.69 in 1968."

Census: Income gap between rich and poor got wider in 2009 - USATODAY.com

back to the income equality gig, again, i see

make up your mind

income equality is a very petty perspective, divisive, envious, pitting americans against their neighbors

quit worrying about how much your neighbor is making, take care of your own back yard

quit trying to redistribute what your neighbor has earned, focus instead on teaching our less successful friends and neighbors to do better

that's the way UP
 
We are debating from different perspectives, I don't begrudge them their money, it's theirs.

I know that if I personally want more I need to work harder to get it.

How does that happen....well I work for those who HAVE that "money".

I do not engage in envy....well ok....I am envious of Kate Beckinsale's husband.

Have you not looked at the census data? The super-rich are not getting less rich., it is the middle class that is falling under the poverty line.

By how much do you feel our teachers, firefighters and policemen are being overpaid?
 
back to the income equality gig, again, i see

make up your mind

income equality is a very petty perspective, divisive, envious, pitting americans against their neighbors

quit worrying about how much your neighbor is making, take care of your own back yard

quit trying to redistribute what your neighbor has earned, focus instead on teaching our less successful friends and neighbors to do better

that's the way UP

The class war was begun by Reagan/Bush whey they slashed our progressive tax system. If **** keeps up like the Gov of Wisconsin is trying to pull, you haven't even begun to see the fight the middle class will put up.

Why should the super-rich profit on the backs of 80 percent of the country?
 
We are debating from different perspectives


You have not answered my question, By how much do you feel our teachers, firefighters and policemen are being overpaid?
 
Ahhh, the question has now changed ;)

At least we can agree that the Constitution grants no "Right" to strike.

This is your red herring, the larger question should how much is too much?

It is not the front end I have a quarrel with, it's the back end....their Pensions are unfunded..and they don't want to pay any more into them than they already do.

My daughter is a Teacher, but her students can read.


Now....as a Tax Payer....you know...the one paying thier salaries....how is it feasible to in effect pay them twice what I earn?




You have not answered my question, By how much do you feel our teachers, firefighters and policemen are being overpaid?
 
.

I guess that depends on whether you think more and more middle class falling under the poverty line is a good thing or not:

"NEW YORK (CNNMoney.com) -- The nation's poverty rate jumped to 14.3% in 2009, its highest level since 1994, and the 43.6 million Americans in need is the highest number in 51 years of record-keeping, the government said Thursday.
Census Bureau reports new spike in poverty - Sep. 16, 2010

Yes, unemployment is rising in this downturn. It has nothing to do with how much the wealthy make in salary. When the poverty rate is equal to 1932, let me know.

No, I want to stop the wealth redistribution began under Reagan and continued with Bush and the new Congress.

That's stopping wealth redistribution, not causing it.

I would like to see your facts on how many teachers, firefighters and police dropped out of H.S.?

By how much do you feel our teachers, firefighters and policemen are being overpaid?

They aren't the ones dropping below the poverty line. But if they are losing their jobs, it is because of unfunded pensions and local and state budget deficits, which has nothing to do with lower tax rates for the rich or that the rich are making more money.
 
The class war was begun by Reagan/Bush whey they slashed our progressive tax system.

says the personification round these parts of class warfare

such a petty perspective

anyone got a microscope
 
(Reuters) - "Tax and accounting loopholes that largely benefit rich taxpayers and companies cost the government $20 billion a year even as the pay gap between chief executives and employees has widened, two groups said on Monday.
The biggest loss comes from a "stock option accounting double standard" that allows corporations paying executives stock options to deduct more than their actual expenses, they said.
For example, when UnitedHealth Group Inc paid CEO William McGuire 9 million stock options, it put on its financial statement that the compensation cost the company nothing, according to the Institute for Policy Studies and the group United for a Fair Economy.
But it claimed a tax deduction of $317.7 million, the groups said.
That practice alone costs the U.S. government $10 billion a year, the groups said.
A practice known as deferred compensation -- which allows executives to defer an unlimited amount of pay -- costs the government $80.6 million a year, while other loopholes bring the total lost tax revenue to $20 billion, the groups said.
"It's outrageous that our tax dollars are inflating executive paychecks," said Sarah Anderson, an author of the report. "Surely in these troubled economic times we can find better ways to spend our nation's wealth."
The report said large U.S. companies paid CEOs an average $10.5 million in compensation last year, 344 times what the average worker earned.
That gap is expected to grow as the industries adding workers are those with the biggest pay gaps, the groups said."

Tax loopholes seen costing billions annually | Reuters

What's this about "Tax loopholes"???

There are legal and illegal tax deductions. If someone is doing anything illegal they should be charged but claiming "loopholes" is the just the government's way of saying the tax code is too complicated and people more intelligent than its designers are taking advantage of that fact..
 
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What's this about "Tax loopholes"???

There are legal and illegal tax deductions. If someone is doing anything illegal they should be charged but charging "loopholes" is the just the government's way of saying the tax code is too complicated and people more intelligent than its designers are taking advantage of that fact..

Are you now debating the word "loophole"? Don't make this a topic that we actually need to go to the dictionary because of nit picking.
 
At least we can agree that the Constitution grants no "Right" to strike
.

WE do? Since when have you referenced a court ruling the right to strike is disallowed by the Constitution?



Now....as a Tax Payer....you know...the one paying thier salaries....how is it feasible to in effect pay them twice what I earn?


What do you do? What is your education level?

How is it feasible to pay a hedge fund manager 800,000 times what a school teacher makes?
 
What's this about "Tax loopholes"???

There are legal and illegal tax deductions. If someone is doing anything illegal they should be charged but claiming "loopholes" is the just the government's way of saying the tax code is too complicated and people more intelligent than its designers are taking advantage of that fact..

What a load of horse****. Why don't you read the article?
 
What a load of horse****. Why don't you read the article?

In fact I did and read it and nowhere did it say that any laws are being broken.

The government can change the tax code if they don't like certain aspects.
 
Census: Income gap between rich and poor got wider in 2009

"WASHINGTON (AP) — The income gap between the richest and poorest Americans grew last year to its widest amount on record as young adults and children in particular struggled to stay afloat in the recession.

The top-earning 20% of Americans — those making more than $100,000 each year — received 49.4% of all income generated in the U.S., compared with the 3.4% earned by those below the poverty line, according to newly released Census figures. That ratio of 14.5-to-1 was an increase from 13.6 in 2008 and nearly double a low of 7.69 in 1968."

Census: Income gap between rich and poor got wider in 2009 - USATODAY.com

Okay those numbers are a bit more in line with what I figured, altho I would still question why children are being included in those numbers, seeing they said young adults and children, I'm going to assume the children are under 18, and should still be in school . In using children in their equation it can only help that number. Also, I don't think it should be any surprise to anyone that more people on the lower end of the scale lost their jobs in 2009 then did those in the upper. That alone would spread that gap quite a bit.

Another interesting fact on this page is this
At the top, the wealthiest 5% of Americans, who earn more than $180,000, added slightly to their annual incomes last year, Census data show

So your whole article is saying what I've said, the rich aren't getting richer, as I showed in the increase in wealth in the last 24 years. So that means what the numbers are showing is the poor are getting poorer. Do you think that could be because we are losing so much of our industrial jobs ?? If so is having the highest corporate tax rate in the world going to help or hinder us in getting them back ??
 
.


What do you do? What is your education level?

How is it feasible to pay a hedge fund manager 800,000 times what a school teacher makes?



Quite simple really, if that hedge fund manager makes 100 million or more, I can see him making a very substantial bonus, so you are saying if you came up with an idea or did something that made your company 100 million dollars , you think getting a few million dollar bonus is unjust ???

I'll tell you this .. if a school teacher comes up with a way to save 100 million a year from the school budget .... I would be right in there lobbying for he/she to be paid for it
 
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What do you do? What is your education level?

How is it feasible to pay a hedge fund manager 800,000 times what a school teacher makes?


Well, after showing your arse like this, we know you aren't a rocket scientist. lol


j-mac
 
Okay those numbers are a bit more in line with what I figured, altho I would still question why children are being included in those numbers, seeing they said young adults and children, I'm going to assume the children are under 18, and should still be in school . In using children in their equation it can only help that number. Also, I don't think it should be any surprise to anyone that more people on the lower end of the scale lost their jobs in 2009 then did those in the upper. That alone would spread that gap quite a bit.

Another interesting fact on this page is this
At the top, the wealthiest 5% of Americans, who earn more than $180,000, added slightly to their annual incomes last year, Census data show

So your whole article is saying what I've said, the rich aren't getting richer, as I showed in the increase in wealth in the last 24 years. So that means what the numbers are showing is the poor are getting poorer. Do you think that could be because we are losing so much of our industrial jobs ?? If so is having the highest corporate tax rate in the world going to help or hinder us in getting them back ??

Nice spin,
 
Quite simple really, if that hedge fund manager makes 100 million or more, I can see him making a very substantial bonus, so you are saying if you came up with an idea or did something that made your company 100 million dollars , you think getting a few million dollar bonus is unjust ???

I'll tell you this .. if a school teacher comes up with a way to save 100 million a year from the school budget .... I would be right in there lobbying for he/she to be paid for it

You defend the bankers that skim millions from citizens pensions yet deny a teacher of our future citizens, $75,000 a year? We can have a future without hedge fund managers, we cannot have much of a future with a non-educated workforce.

So the battle between wall street and main street continues.
 
You defend the bankers that skim millions from citizens pensions yet deny a teacher of our future citizens, $75,000 a year? We can have a future without hedge fund managers, we cannot have much of a future with a non-educated workforce.

So the battle between wall street and main street continues.

What Is a Hedge Fund?

Perhaps you should educate yourself as to what a hedge fund manager is. before coming back to spew the nonsense you spew, that doesn't even have a bit of truth to it.
 
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