tagged w/ one percenters don't give a sh!t
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Really the issue about paying taxes, is not really an issue,
that's not the point. The less you make the less you have to be taxed.
And lowering taxes on the Rich & poor, does not help
in the fact that low taxes helps the rich.
Low taxes on the poor will give them $40 in their pocket.
But for the rich they would get $4,000,000 in their pocket.
And with the low taxes comes less funding for the poor.
Less in food stamps, Less help to pay your rent when your apartment
complex works with you. They are not doing that out of kindness, it's
your taxes at work. So low taxes = less work for the poor & the poor
will have to do more of the work. Being they can't they are more
likely to do what many have in my town, dropped their car, got a
car repossession to kill the payment to get more money for the rent.
They now walk all over town & that is bad & needed.
It is bad because they are now an eyesore as they are all over town now.
They put a needed light of poverty in the town. They are bad for businesses
being that their shopping has greatly decreased, they shop more local
keeping what money they have locally in a walking distance.
That is not BS it's really Sociology in the fact that the poor spends 99% of their
money, leaving them $1.00 in the bank. So when the poor has less income
they have less to spend. And with no car the money stays with them
as they walk along. This hurts businesses that make money from the poor.
Walmart is crying over the low sales pulling down their stocks.
( http://current.com/community/94054952_leaked-walmart-emails-describing-disaster-sales-drag-down-stock-value.htm )
I am sure you all know Walmart sales to low income people.
So you cut from the poor, by lowering their taxes taking away their tax help.
Gives less help to the poor & low sales to places the poor shops at.
Low taxes is for the rich! But now the question who has the money?
Have you ever went to get gas for your car & noticed all the gas guzzlers
taking all the gas. Or more & more places with signs saying "No Ethanol"
being that there is now 10% more gas being used now.
I have to say I am for no ethanol being it's taking away our food &
is bad for your cars engine.
But to say as if the gas was money & if the rich would be taking 10% more
money from the poor is not a good thing!
The poor would have nothing to run on & that is bad being the rich
does not work for the rich it takes the poor. And making people
really poor makes very un-hireable people.
It kills the labor pool, pushes more redneck engineering.
Cars with duct tape holding them together. Super glued tires!
All around bad for your town. The poor pulls down your town!
( http://current.com/community/93957645_small-town-poverty-growth-the-poor-brings-you-down.htm )
Over all low taxes is for the rich. The main concern is to not cut
spending on the poor. And to do pay a living wage so they won't be low waged
zombies that want to take us all down with them!
It would be better all around to pay better! More sales, less crime,
no 1000 background checks to get 1 worker!
I know! I was a overnight Walmart zombie. They are cured by higher wages!
( http://fc06.deviantart.net/fs70/i/2010/302/b/f/walmart_zombie_slouched_by_holligenet-d31saze.jpg )
It's time to go with higher pay, or die!
( http://current.com/community/94048678_raising-minimum-wage.htm )
Many people are worried about the cost of merchandise going up to
cover the cost of higher pay.
( http://current.com/community/94055261_raise-the-prices-of-everything-to-cover-higher-minimum-wage.htm )
That is noting to worry about, being the merchandise is high enough already
any price hike will kill sales. Being that many like me would look at something like
the price of milk being $5 a gal, I would just walkaway. Why would I buy it & keep the price high for me & everyone else? And the idiots that would buy it no matter the price.
They end up spending most of their money on the stuff ending up buying less.
Still the same less sales, to cover the cost of higher pay with the businesses
sitting on a pile of money trying to make us all pay for it!
Like Walmart making around $419 billion a year, but will end up saying they have to raise prices to cover the cost! When it was noted that paying their workers
$12 an hour would be covered in sales at no cost to shoppers, if at all
would be like $1 more to your bill to pay $12 an hour!
( http://laborcenter.berkeley.edu/research/walmart.shtml )
So who has the money?
( http://www2.ucsc.edu/whorulesamerica/power/wealth.html )Really the issue about paying taxes, is not really an issue,
that's not the... more
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The billionaires paying more than $90 million for top apartments at the new One57 tower in New York have some very special amenities. They get more than 10,000 square feet, 75 floors above Manhattan. They get VIP concierge and doorman services, along with some of the best views in the city.
But they may also get a less publicized benefit: tax breaks of more than $150,000 a year from a program aimed at low-income housing.
According to financial documents obtained by CNBC, One57 may receive a tax abatement under a long-existing city program designed to provide more low-income housing. The program, known as 421-a, gives developers tax breaks for 10 to 20 years, which are then passed on to buyers. At One57, those savings may be substantial.
Take the “penthouse” on the 75th and 76th floor. The apartment, at 13,554 square feet, reportedly sold for more than $90 million to an unknown billionaire. (The building is still under construction and will open next year). Normally, the annual real-estate taxes on the apartment would be around $230,000 a year. With the special abatements, however, the taxes are projected to be only be $20,000 a year – saving the owner $210,000 a year in real-estate taxes.
The billionaires paying more than $90 million for top apartments at the new One57 tower in New York have some very special amenities. They get more than 10,000 square feet, 75 floors above Manhattan. They get VIP concierge and doorman services, along with some of the best views in the city.
But they may also get a less publicized benefit: tax breaks of more than $150,000 a year from a program aimed at low-income housing.
According to financial documents obtained by CNBC, One57 may receive a tax abatement under a long-existing city program designed to provide more low-income housing. The program, known as 421-a, gives developers tax breaks for 10 to 20 years, which are then passed on to buyers. At One57, those savings may be substantial.
Take the “penthouse” on the 75th and 76th floor. The apartment, at 13,554 square feet, reportedly sold for more than $90 million to an unknown billionaire. (The building is still under construction and will open next year). Normally, the annual real-estate taxes on the apartment would be around $230,000 a year. With the special abatements, however, the taxes are projected to be only be $20,000 a year – saving the owner $210,000 a year in real-estate taxes.
I cannot believe this garbage, full article at length. This is the place in NYC that had the crane break and dangle, endangering the the area. The storm gods must be outraged too.The billionaires paying more than $90 million for top apartments at the new One57... more
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It’s just astonishing to us how long this campaign has gone on with no discussion of what’s happening to poor people. Official Washington continues to see poverty with tunnel vision – “out of sight, out of mind.”
And we’re not speaking just of Paul Ryan and his Draconian budget plan or Mitt Romney and their fellow Republicans. Tipping their hats to America’s impoverished while themselves seeking handouts from billionaires and corporations is a bad habit that includes President Obama, who of all people should know better.
Remember: for three years in the 1980’s he was a community organizer in Roseland, one of the worst, most poverty-stricken and despair-driven neighborhoods in Chicago. He called it “the best education I ever had.” And when Obama left to go to Harvard Law School, author Paul Tough writes in The New York Times, he did so, “to gain the knowledge and resources that would allow him to eventually return and tackle the neighborhood’s problems anew.” There’s a moving line in Dreams from My Father where Obama writes: “I would learn power’s currency in all its intricacy and detail” and “bring it back like Promethean fire.”
Oddly, though, for all his rhetorical skills, Obama hasn’t made a single speech devoted to poverty since he moved into the White House.
Five years ago, he was one of the few politicians who would talk about it. Here he is in July 2007, speaking in Anacostia, one of the poorest parts of Washington, D.C.:
“The moral question about poverty in America — How can a country like this allow it? — has an easy answer: we can’t. The political question that follows — What do we do about it? – has always been more difficult. But now that we’re finally seeing the beginnings of an answer, this country has an obligation to keep trying.”
Barack Obama the candidate said he wanted to spend billions on a nationwide program similar to Geoffrey Canada’s Harlem Children Zone in New York City, widely praised for its focus on comprehensive child development. In the last three years, only $40 million have been spent with another $60 million scheduled for local community grants.
Obama’s White House team insisted their intentions were good, but the depth of the economic meltdown passed along by their predecessors has kept them from doing more. And yes, billions have been spent on direct aid to families in the form of welfare, food stamps, housing vouchers and other payments. What’s needed, as Paul Tough at the Times and others say, is a less scattershot, more comprehensive program that gets to the root of the problem, focusing on education and mentoring. Not easy to do when a disaffected middle class that votes says hey, what about us? — and the wealthy one percent who lay out the fat campaign contributions simply say, so what?
Just a few days ago, The Chronicle of Philanthropy issued a report on charitable giving. Among its findings: “Rich people who live in neighborhoods with many other wealthy people give a smaller share of their incomes to charity than rich people who live in more economically diverse communities.” Responding to that study, social psychologist Paul Piff told National Public Radio, “The more wealth you have, the more focused on your own self and your own needs you become, and the less attuned to the needs of other people you also become.”
Those few who dedicate themselves to keeping the poor ever in sight realize how grave the situation really is. The Associated Press reports that, “The number of Americans with incomes at or below 125 percent of the poverty level is expected to reach an all-time high of 66 million this year.” A family of four earning 125 percent of the federal poverty level makes about $28,800 a year, according to government figures.
That number’s important because 125 percent is the income limit to qualify for legal aid, but although that family may qualify for help, budgets for legal services have been slashed, too, and pro bono work at the big law firms has fallen victim to downsizing. So it’s not surprising, the AP goes on to say, that there’s a crisis in America’s civil courts because people slammed by the financial meltdown — overwhelmed by foreclosure, debt collection and bankruptcy cases – can’t afford legal representation and have to represent themselves, creating gridlock in our justice system — and one more hammer blow for the poor.
We know, we know: It is written that, “The poor will always be with us.” But when it comes to our “out of sight, out of mind” population of the poor, you have to think we can help reduce their number, ease the suffering, and speak out, with whatever means at hand, on their behalf and against those who would prefer they remain invisible.
Speak out: that means you and me, and yes, Mr. President, you, too. You once told the big bankers on Wall Street that you were all that stood between them and the pitchforks of an angry public. How about telling the poor you will make sure our government stands between them and the cliff?It’s just astonishing to us how long this campaign has gone on with no... more
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