Talk of The Villages Florida - View Single Post - Unemploymen
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Old 02-08-2015, 07:03 PM
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Income inequality may be one of the major issues of the next national election. There are many who are pushing for some mechanism to re-vitalize an American middle class. It is a difficult task as there simply are not now nor will there be again a place where a high school graduate or less is going to get a job with benefits and a pension and enough income to support a family. That is gone and will not return. But we now have an economic system where manual labor is highly taxed and money that involves no labor, just having been invested is not. Why is not all income just income? If there were no capital gains special rate would you not invest? Of course you would or leave it in a savings account getting 0.01% yearly. So the rich get richer and the data is clear on that. Trickle down has still not trickled and it has been 40 years. When does that economic model get discarded?