Originally Posted by VAChief
Yes, the wealthiest have fared so poorly over the past 50 years? The disparity has never been as great as it is now. Are there deadbeats taking advantage of the system? Absolutely.
However, over 10% of the population are elderly (retired)..they don't pay payroll or income taxes. 6.9% are non-elderly and make under 20,000 (this includes many GI's). 28% pay payroll taxes that go toward SS and Medicare, but end up after deductions not paying federal taxes. That leaves 1% as "others."
Hardly, the pandemic of parasites as depicted.
Someone's wealth doesn't make others poor. If anything increases the income gap, it's Keynesian economics coupled with crony capitalism ( modern mercantilism) which both parties adhere to. Socialism will just make the gap worse. It's not a viable solution. It only seems that way at first.
“The power to declare war, including the power of judging the causes of war, is fully and exclusively vested in the legislature.” ~ James Madison, Father of the Constitution