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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsCNBC survey shows millionaires want higher taxes to fix inequality
In the heated debate over inequality, the wealthy are usually portrayed as the cause rather than the solution.
But CNBC's first-ever Millionaire Survey reveals that 51 percent of American millionaires believe inequality is a "major problem" for the U.S., and nearly two-thirds support higher taxes on the wealthy and a higher minimum wage as ways to narrow the wealth gap.
http://www.cnbc.com/id/101634240
liberal N proud
(60,344 posts)And I really doubt it is even 49%.
Scuba
(53,475 posts)liberal N proud
(60,344 posts)2pooped2pop
(5,420 posts)Victor_c3
(3,557 posts)2pooped2pop
(5,420 posts)except maybe at getting caught. In fact I don't think those bankers jumped on their own.
Douglas Carpenter
(20,226 posts)their chains. At the end of the day - if things really degenerate and it all falls apart and the hope is denied - social democracy and at least some sincere moves toward economic equity are all that stands between the rich and the guillotine.
Victor_c3
(3,557 posts)If they support a new tax or a tax increase at least they'll have some say on the terms of it.
Increased minimum wage, increased wealth taxes, and a whole slew of progressive reforms are going to be coming in the not-to-far-off future and I'm sure some of the wealthy see it too.
scheming daemons
(25,487 posts)The rich aren't dummies.
toddwv
(2,830 posts)and a dying middle class, is not a stable situation. It's bad for everyone but the very tippy top and usually ends up poorly.
MisterP
(23,730 posts)Last edited Tue May 6, 2014, 04:28 PM - Edit history (1)
(even if we're gonna "degrowth" because the entire planet itself is nightmarishly over-leveraged): this is something you can explain with just Economics 1--hence colleges demand everyone take a little of something--European History 1C so they know the actual phrase is "property is theft," 1A so they get a little exposure to St. Augustine, high school-level biology and physics so they can resist some Victorian-style Adventist heresies like creationism; students who KNOW what the US has done overseas don't stay Freepers for long
but the Randroids aren't speaking to the rich, they're speaking to the "aspirant class" a la Robert Kiyosaki, Suze Orman, Stuart Smiley, Harriet Martineau and all their ilk: "you have greatness within you, it's just being held back by your lessers"
Ayn Rand's message is that there's only 200 people who matter and the other 99.99985% of us are vile swine who need to just die in our teeming, heaving masses: it's influential among some of the rich, but it's not at all aimed at them: everyone thinks they're Destined for Something Better than other people's bitterness, hostility, and sponging--but I've never seen a Rand bumper sticker on a new car--or blimp, for that matter!
it goes very well with the steps deliberately taken since the mid-70s to reconcentrate wealth, though!