Consider the following evidence of the vast scope of abuse, callousness, corruption and criminality by he rich and the corporations they control:
1] $220 million: money spent by banking-securities-insurance industries in 2009 to PREVENT REAL REFORM legislation; 2,500 lobbyists; their army; 350 times: number of times their lobbyists met with banking agencies before a rule was published.
[ source: ”Freedom to Harm”]
2] In 1948, the top 10% held about 30-35% of American wealth. By 19999, the top 10% held 70% of the wealth…the top 1% not quite 50%. [source: ”The Big Myth”}
3] 2005 UNICEF’s ”Child Poverty in Rich Countries” report: the U.S. is 2nd from worst; 22% of Americans under 18 are living in households with per capita income below 50% of the national average. [source: $ervants of Wealth”}
4] Between 1980 – 2010, “median family income essentially stagnated” in America. Families had an annual growth rate of .36%. [ source: ”The Price of Inequality” ]
5] U.S. health care costs put both employers and labor at a disadvantage. In 1989, a Ford vehicle made in Canada cost Ford Motor Company $49.80 in employee health care. In Michigan, the cost was $311. [source: “The War on Labor and the Left” ]
6] ”The 401[k] is really one huge tax loophole..The annual tax avoidance because of 401[k] plans comes to about $110 billion..{which].. illustrates how America is not prospering because its economic policies violate well-established principles.” [excess costs, risks, inefficiencies]. [source: ”The Fine Print”]
7] U.S.A. is Number One!!!!! – in number of hours worked; most unequal rich nation [2016]; in obesity; tied for #1: “most dangerous roads of advanced industrial world”; for $10,000 U.S. birth cost – Netherlands [#2 spender, health care] birth cost: $2824 [2016]. [source: ”American Amnesia”]
8] $1 billion – total of Amazon subsidies and tax abatements from state and local governments, 2007-2017; Amazon had “a whole department tasked with securing subsidies” [“economic development”] [source: ”Fulfillment”]
9] 100 companies RENOUNCED THEIR U.S. CITIZENSHIP, 1983-2015, to avoid taxes; 30 to Bermuda, 17 to Ireland, 13 to Cayman Islands. [source: ”Flee-conomics,” ; Mother Jones; March-April, 2015]
10]. $50 billion: what the “pass-through” tax beak cost America America EACH year; $331 billion: what “accelerated depreciation” cost America between 2017-2021; $0: what Amazon paid in U.S. federal taxes in 2018 [see page 131]
source: ”Tax The Rich”]
With Justice For All 