investor class

The Obama War On the Middle Class

Ripped from the headlines at MSNBC: he GOP has their whole economic theory UPSIDE DOWN and DEAD WRONG. The reason tax revenues have plummeted is NOT because America is broke. Both corporate profits and GDP are ABOVE where they were in 2007. So why is there no tax revenue coming in? Because the money isn't going to WAGES, it's being siphoned off by the investor class.(See the chart) When workers are paid wages, 100% of that money goes back into the economy. They pay both income taxes and payroll taxes (which account for 36% of U.S. tax revenue), and they...

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