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Thursday, December 19, 2013

It's Not Wealth Redistribution; It's Wealth Redistribution Redistribution: Get It Right!

The US needs to raise taxes on the highest income groups. We need to realize that "trickle down" economics are a failed proposition.

Wealth sympathizers will say that the ultra-wealthy deserve what they have, but it bears remembering that most of the people employed in the factories and businesses owned by these individuals earn below-living wages, and often must draw public assistance in order to survive. We all have to pitch in, and thereby tighten our own belts, in order for the ultra-wealthy to remain ultra-wealthy. This must end.

I have no problem with wealth. What I have a problem with is earning that wealth by paying employees a sub-standard wage and pocketing the difference while forcing EVERYONE ELSE to pitch in enough so that their employees can simply live.

What we need isn't wealth redistribution, it's wealth redistribution redistribution. That is, this is taking the wealth STOLEN from the paychecks of employees due to below-living wages and putting it back in those paychecks relieving EVERYONE ELSE from the necessity of doing for the needy what the greedy - the ultra-wealthy - won't.

Stop allowing the ultra-wealthy - and their syncophants - to portray forcing them to pay living wages as wealth redistribution. It's not. It's wealth redistribution redistribution. Get it right!