the average ceo in the u.s. currently makes 614 times as much money as they lowest-paid employee.
so if the lowest-paid worker makes the current u.s. minimum wage ($7.25), their boss makes $9,259,120 which works out to $4,451.50 per hour.
do you think that anyone's time is worth that much?
now guess which one pays more in taxes.
60% of all of the wealth in the united states is inherited, not earned. that means that folks who are wealthy pass on their wealth to their offspring, over and over again, and the succeeding generations do literally nothing to earn it. they simply live off of the revenue that having money generates.
percentage of americans that americans think... ... own a car: 86%
actual percentage of americans who... ...own a car: 66% (and falling)
percentage of americans that americans think... ... own a house: 65%
actual percentage of americans who... ...own a house: 49% (and falling)
percentage of americans that americans think... ... have a household income over us$25,000/year: 82%
actual percentage of americans who... ...have a household income over us$25,000/year: 62%
percentage of americans that americans think... ... make us$1 million or more per year: 20%
actual percentage of americans who... ...make us$1 million or more per year: <1%
in the u.s., over us$50 trillion in wealth has been redistributed from the bottom 90% to the top 1% since 1975.*
*according to the rand corporation.
in a majority of u.s. states, undocumented immigrants pay a higher tax rate than the 1% of people who have the highest incomes.
donald trump is not terribly philanthropic - so much so that a wrestling company has donated more money to his charitable foundation than he has.
kenneth lay, ceo of enron and a good friend of president bush, was convicted of fraud, conspiracy, and lying to banks. when enron declared bankruptcy, thousands of enron employees and investors lost everything, including their retirement funds. when lay died while on vacation/awaiting sentencing, the judge nullified the verdict so that lay's estate didn't have to pay anyone a dime for the losses he caused.
james jameson, the whiskey fortune heir, once bought an 11-year-old girl and gave her to cannibals so that he could observe and record the cooking process.
in 1963, margaret campbell, the duchess of argyll, was divorced by her husband for sleeping with at least 88 men, including members of the government and 3 members of the royal family. she later wrote a 'guide to entertaining', and died penniless.
james madison knew that the wealthy in america would eventually become the minority. he proposed creating the united states senate specifically to protect the interests of the rich.
that certainly explains some things.
in the entire history of the united states, less than 12 millionaires/billionaires have ever received a death sentence, regardless of their crimes.
in murder trials in georgia, prosecutors ask for the death penalty twice as often if the defendant can't afford a lawyer.