The Top 1% Must Stop Insisting They’re Not Rich Right This Instant

[glowing]

5. I'm not sure how it is in Canada or their breakdown of tax rates, but in the USA

a lot of wealthy or rich people (which can mean different things), but for the luxury of discussion here, say someone who pulls in a million as income... Some of that income is more than likely gained from stocks and such which is taxed at a much lower rate. Then they have their offshore bank accounts (tax dodging, perfectly legal out of IRS range status). AND then they have their "charities" or some such non-sense which they stick a large chunk of money into, keep it tax free, and pay themselves and family members salaries from while picking and choosing whom is and is not worthy of their help, rather than paying taxes and allowing the Government distribute it into the much needed safety nets everyone is falling into or through.

On top of all of that, they have created a lifestyle that keeps them secluded from the real life of the poor, working poor, working lower class and middle class by buying into secluded real estate, taking vacations away from the masses on private islands on their yachts, and schooling their children in top, elite private schools (and before schooling begins they hire nanny's to care for their children; even if the "mother" is a non-working socialite who has little to do other than shop, get botox injections, drink champagne in the afternoon, do their tennis instructor in the afternoon, and "dress" up for some evening "charity" event where they stand around comparing one another's cards of wealth and share in the latest gossip of who's getting left for the Nanny or the office secretary 1/2 their age.

If everyone who worked had a living wage that allowed them to also save and send their children to college and keep them from going bankrupt from a medical crisis or they weren't 1 pay check from living on the street, then I would say that the taxes on people should actually increase on the whole to make clear away the debts. However, at this time, the rich have rigged the game and are on the take. The ship is sinking and the wealthy who are still above the water line, dancing to the music and sipping champagne and eating caviar don't even realize that the ship they have created is sinking. They cannot keep all of the wealth or use all of earth's resources or keep people brutally down under a hardened thumb in slave like conditions. At some point those at the bottom will have to pull out all the stops to and go into survivor mode, even if it means taking all the life rafts before the wealthy even realize their are no life rafts left.

When those at the bottom are struggling for basic survival and are choosing between food, meds, rent or electricity every month, they are not going to be out "buying" and "consuming". At some point, the balance is so tipped that its no longer a good thing to cut salaries or lay people off. Who is going to buy their shit? The balance has to tip back to a more equal distribution. The best way to effect this is by taxing those that have, and using the tax money to invest into the country by directly hiring and by building the country that is in shambles. Its better to do this now, than to face a more chaotic worldwide economic catastrophe that takes empathy out of humanity and places it into animalistic, basic survival mode. If that happens with 7 billion people, we will more than likely destroy ourselves.