Don't show this to the Socialists here, they need someone else to blame for their circumstances to make themselves feel better.
If the video is correct, why did the USA have it's greatest period of prosperity when the top marginal income tax rate was 91% (in the 1950s).
And worked hard rather than sit around with an entitlement attitude expecting the middle-class welfare spigot to never be shut off.
This is absolutely idiotic!!! It's totally ridiculous. Money is debt. The system is stuffed. There are owners of the system and the entire debt and system is owned. There are owners and it ain't you or me! This is nothing more than a fairy tale and anyone on this forum should be smart enough not to get trapped in that paradigm. The real rich own the system! They call the shots. The system is neither fair nor equitable. Oh yeah, do you really trust any government stats. ALL the money in the world the quadrillions and everything else has owners, real people at the end of the road. Instead they make the populace believe in the personage of a corporation and even that is another layer of the onion. BIS is private etc. etc. [/rant]
http://www.businessinsider.com.au/s...-1-hasnt-increased-for-nearly-a-decade-2014-7 STUDY: The Income Of 'Australia's 1%' Hasn't Increased For Nearly A Decade ... The analysis also shows: 18,000 Australians in the top 0.1% of income earners each earned more than $600,000 in 2011-12, and had an average income of over $1,100,000. 90,000 Australians in the top 0.5% of income earners each earned more than $290,000 in 2011-12, and accounted for just over 5% of total income that year. 900,000 people in the top 5% of income earners each earned above $115,000 and accounted for just over 19% of total income in Australia in 2011-12. 1.8 million people in the top 10% of income earners each earned above $88,000, and accounted for nearly 29% of total income in 2011-12.
Peppers spray hurts a hell of a lot more the rich have the means and know how not to pay their fair share which I am just becoming aware of. Not that I am rich (actually I am very poor and have nothing and struggle on a daily basis) If you earn a wage and are middle class your screwed, if you have the cash and play the system you are laughing and there is bugger all anyone can do about it lol. Edit : and then you can whinge about people trying to take advantage of you becasue they are useless.
No, the rich don't pay a 'fair share' of tax. They pay all of it http://www.theaustralian.com.au/nat...ey-pay-all-of-it/story-e6frgd0x-1226841174461 "..., only the top fifth of households paid any tax. The bottom 6.9 million households, while often incurring income tax liabilities and regularly paying GST, received more in cash welfare and services than they paid in. ...It is absurd to claim the "rich" - assuming incomes rather than wealth are the defining criterion - aren't paying their "fair share" of tax when they in fact pay all of it. Equally, to argue that the "average" worker is subsidising government folly is difficult given that their aggregate benefits exceed the tax they pay."
