|
|
|
Demonize the 1 % and hate wealth. Become a society of Wesley Mooches. by Craig Read
|
|
|
Demonize the 1 % and hate wealth. Become a society of Wesley Mooches. by CRAIG READ
|
|
Article Posted: 10/13/2013 |
Article Views: 365 |
Articles Written: 51 - MORE ARTICLES FROM THIS AUTHOR |
Word Count: 662 |
Article Votes: 0 |
|
Demonize the 1 % and hate wealth. Become a society of Wesley Mooches. |
|
|
|
Business
|
|
The slobbering Marxists and cheerful mendacious Statists spend a lot of time and effort in demonizing those who work, earn wealth and drive the economy. Apparently the successful in life don't work hard, think clearer, implement better, or follow patterns of behaviour which rewards perseverance and risk. They are thieves, criminals, and the ineffably corrupt. In the real world the hated 'top 1 %' includes doctors, lawyers, pharmacists, small business owners, savvy investors, and people over 65 who worked, saved and lived an accountable life. Not many are bloody tyrants and suckers of baby bone marrow. The vile top 1 % is also composed of people who start new firms, generate jobs, coach sports, give lavishly to charity, and fund through a truly regressive tax system, full 25% or more of all income tax paid which is sent for example, to alcoholics who are paid $1000 to keep drinking; or to the bankrupted socialized health or pension systems which are so pathetically unfunded that the trillions in future debt will never be discussed by the great and good. Why scare the mass ? The real answer to the Marxist question: “what 'fair share' should the '1 %' pay ?”, is obvious - 100 % of all their income must be taken. Plunder and then kill them. How can anyone be 'unequal' in the modern political-economy of mobocracy and the union-state nexus ? A better question that should titillate the media and their elite friends is this: Why do public union workers earn 4 x more in their 'working' lives than those in the private sector? Are these public union workers paying their 'fair share' ? Are they so important ? So intelligent ? So productive ? So omniscient ? Or is it all just a gigantic scam to pillage one group of politically powerless people [the top 30% of income earners] and transfer lots of money to buy votes and compliance ? Yet another state funded officially bureaucratic diatribe against people who support most of the population. OccupyStatsCanada: “Here’s what StatsCan said: “The top 1% of Canada’s 25.5 million tax filers accounted for 10.6% of the nation’s total income in 2010, down from a peak of 12.1% in 2006. In the early 1980s, the top 1% of tax filers held 7.0% of the total income reported by all tax filers. This proportion edged up to 8.0% in the early 1990s and reached 11.0% by the early 2000s.” As for the rest of Canadians, referred to as the “Bottom 99%” by StatsCan, the agency apparently has no meaningful data except to say that “the rest” of Canadians had median incomes of $28,000. What is the point in carving Canadians into two such groups, including a group called “the rest” or the “Bottom 99%”, unless you’re seriously preoccupied with class and income and a little social unrest.” To enter the top 1 % you need to earn $200.000 before tax. This is indeed a good sum, but the cost of living in the modern urban economy after tax is quite high. The average 1 % earner will pay 45% of his income in various taxes leaving about $120.000 or some $10.000 per month. If you have 2 children, private college tuition, sports, 2 cars, and no pension plan, the $10.000 is easily spent and accounted for. The risks, the effort, the bad years of little income [a fact for many in the top 1 %]; and the income fluidity in most societies where you rise and fall from year to year; means that the demonization of high income earners is not only a statistical nonsense, it is a culturally destructive and immoral objection to success – which benefits all of society. You want more top earners, not fewer. Resource box The Cult of lying about Poverty is a powerful discussion on the myth that all successful people are dishonest. This is not true. Read more about lying about Poverty Cult here.
Related Articles -
Cult of lying about Poverty, lying about Poverty Cult,
|
Rate This Article |
|
|
|
Do you Agree or Disagree? Have a Comment? POST IT!
Reader Opinions |
|
|
|
|
|
|
|
|
Author Login |
|
|
Advertiser Login
ADVERTISE HERE NOW!
Limited Time $60 Offer!
90 Days-1.5 Million Views
|
|
TIM FAY
After 60-plus years of living, I am just trying to pass down some of the information that I have lea...more
|
|
|
|
|
LAURA JEEVES
At LeadGenerators, we specialise in content-led Online Marketing Strategies for our clients in the t...more
|
|
|
|
|
SUSAN FRIESEN
Susan Friesen, founder of the award-winning web development and digital marketing firm eVision Media...more
|
|
|
|
|
STEPHEN BYE
Steve Bye is currently a fiction writer, who published his first novel, ‘Looking Forward Through the...more
|
|
|
|
|
GENE MYERS
Author of four books and two screenplays; frequent magazine contributor. I have four other books "in...more
|
|
|
|
|
SHALINI MITTAL
A postgraduate in Fashion Technology. Shalini is a writer at heart! Writing for her is an expression...more
|
|
|
|
|
ADRIAN JOELE
I have been involved in nutrition and weight management for over 12 years and I like to share my kn...more
|
|
|
|
|
ALEX BELSEY
I am the editor of QUAY Magazine, a B2B publication based in the South West of the UK. I am also the...more
|
|
|
|
|
JAMES KENNY
James is a Research Enthusiast that focuses on the understanding of how things work and can be impro...more
|
|
|
|