Here are some economic facts that will give you food for thought:
The highest earning 300,000 Americans, representing only 1/10% of the working population (that's one taxpayer out of every 1,000 American workers) earn nearly as much as the bottom 62 million taxpayers who support 150 million family members!
80% of the recent gains in the income of America's workers have been made by the top 1% of taxpayers. Only 20% in recent income gains has been spread among the remaining 99% of America's labor force!
These highest paid 300,000 individuals pay a smaller percentage of income taxes on their earnings than most other workers in this country that make far less income pay as a percentage of their income. Warren Buffett, the 2nd richest man in the USA, paid only 17% of his 2006 income in income taxes. What percent of your income did you pay in income taxes?
HOW ARE AMERICA'S WORKERS REALLY DOING? LET'S SEE:
25% OF AMERICAN WORKERS EARN LESS THAN $9.00 PER HOUR!
MOST HAVE NO HEALTH CARE OR PENSIONS PROVIDED BY EMPLOYERS AND THE LIST IS GROWING!
50% OF AMERICAN WORKERS RECEIVE NO GUARANTEED SICK-PAY OR PAID SICK-DAYS OF ANY KIND!
PAID DAYS OFF AND VACATIONS: This is what US workers and workers in some other countries are guaranteed:
France: 31 days per year; Austria: 27 days per year; United Kingdom: 20 days per year; Japan: 10 days per year. United States: NONE!
While the wages and working conditions in many other countries are getting better, in the USA they are getting worse. Laws protecting workers continue to have lax government enforcement, while new laws continue to aid business in making even more money at the expense of American workers.
India has an ethnic caste system that is slowly dissolving.
America has an economic caste system that is on steroids!
