1. Reduction in the influence of corporations on politics- If you look at lists of the top donors from every election since 1989 only 3 of the top 20 donors were corporations, the rest were comprised of unions and one political interest group. So if anything is too strongly influencing politics it is the unions in America. Source - http://www.opensecrets.org/orgs/list.php
2. Alleviation of the foreclosure situation- This was caused by the mortgages that were given out by banks to people who really couldn't afford them. If you bought a house you couldn't afford is it really the governments fault, and now that it is public information that you should not take massive loans for houses, I really don't think that people will keep doing this, so problem solved.
3. Forgiveness of student loan debt- First, if you go to a private college and get a degree in art history or women's studies and you can't get a lucrative job after college, can you really complain? Second, the best universities in the world are in America and they are private. They charge a lot of money so they can have the newest technologies, the best professors and the best facilities for research. The tax payers are already on the line for public education and many other things, it is completely unreasonable to ask them to pay for PRIVATE education too. Third, you don't have to go to a private university, you can go to an inexpensive state school and get a job after college that might not directly relate to your major, so many people do menial labor after college, you can have that job and continue looking for a job that you would rather have, so that you can have some sort of stable income, its been done before and it won't kill you.
4. More balanced distribution of income- The 'proposed' solution is to tax the ultra wealthy even more. The truth is this: the top 0.1% of income earners in America paid 50% more taxes than the bottom 80% of income earners in 2010. In 2008, the top 1% of income earners paid 38% of all federal income tax, the top 10% paid 70%, and the bottom 50% paid 3%. I included links to my sources. This is completely fair in my books.
5. More and better jobs- If you tax wealthy corporations more and more they are going to have less and less money in which to hire new workers for their companies, which means downsizing the labor markets. Its a lose- lose situation here.
Also, protesting the NATO conference, really? NATO is a military organization that has been putting a lot of efforts into peace keeping. I HIGHLY doubt that officials from Belgium or the Netherlands are going to be able to help you with income inequality in America.
And that is all I have to say about it.
No comments:
Post a Comment