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paparush

(7,964 posts)
Wed Jul 3, 2013, 07:44 PM Jul 2013

Comparing US Middle Class Earnings

A middle-class adult in Finland owns $122 for every billion dollars of his or her nation's wealth. In Canada it's $13. In the U.S. it's 60 cents. Only middle-class adults in China and India earn less. Higher taxes on U.S. corporations could help redress the discrepancy.
http://thecontributor.com/economy/popular-movement-higher-taxes-now-would-be-story

From the Top Comment on Reddit:
What needs to be kept in mind as well is that most of the other countries shown and discussed have much more secure social safety nets, including low-cost health care, low-cost college, etc. So the United States is missing out on a government supportive of the middle class while at the same time having a middle class that is less wealthy compared to its developed nation counterparts.
Is there causation? Maybe. But regardless, it's tough to think of a reason why a middle class family would chose to live in the United States versus virtually any other developed nation.

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Comparing US Middle Class Earnings (Original Post) paparush Jul 2013 OP
1 inch versus 5 miles PSPS Jul 2013 #1
We're the GREATEST nation in the WORLD. Kurovski Jul 2013 #2
So when the TPP proponents say "make us more competitive with China", you know what they mean Doctor_J Jul 2013 #3
Corporate taxes are Regressive golfguru Jul 2013 #4

PSPS

(13,606 posts)
1. 1 inch versus 5 miles
Wed Jul 3, 2013, 08:01 PM
Jul 2013

That's the comparison I heard on the radio the other day between the gains made over the last 10 years by working/middle class versus the top 0.1%.

Kurovski

(34,655 posts)
2. We're the GREATEST nation in the WORLD.
Wed Jul 3, 2013, 08:19 PM
Jul 2013

Stop this nonsense!

Channing Tatum just rescued our president from outer-space aliens! Start watching the news, for god's sake!

 

Doctor_J

(36,392 posts)
3. So when the TPP proponents say "make us more competitive with China", you know what they mean
Thu Jul 4, 2013, 12:26 PM
Jul 2013
Only middle-class adults in China and India earn less.
 

golfguru

(4,987 posts)
4. Corporate taxes are Regressive
Fri Jul 5, 2013, 03:07 AM
Jul 2013

Corporate taxes are paid by consumers in the form of higher prices for goods & services. Better to tax the corporate CEO's & other highly paid executives, major stockholders, etc as individual tax payers.

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