The graph simply shows that Americans for a long time has believed that the rich do not get taxed enough. And the results of trump's tax plan could be contributing to the increased popularity of some of the current tax proposals (eg Warren, AOC). I think there are enough smart people that can discuss ideas of what the right solution... but I think rolling with "trickle down" isn't going to fly, and so far those wealthy pushing "flat" or so-called "fair" tax plans haven't been too convincing either.
I think referring to a 29 year old woman as "this little girl" is just as inappropriate as when folks here try to belittle someone they are arguing with by calling them "kid". When I see it it shows they don't have a better argument, so they resort to "this little girl".
Hey if she is going to act like an adult, I'll call her a woman. Until then she can sit at the kid's table.
although it is always possible that someone might be using such a term ironically with an intention of signaling admiration or even respect. it's possible anyway. kinda like calling the Stepford wives the other night "mean girls"
Hmm... don't think this makes your argument any better. What does she do that is unlike any other 29 year old woman? While you don't like her politics, I think resorting to the attacks you do only strengthens her appeal. But you be you.
This is socialism in action Ocasio-Cortez's Green New Deal offers 'economic security' for those 'unwilling to work'
It is indeed puzzling. 1) I think it is mostly due to brainwashing. Garbage in garbage out from the media they consume. Most of them think they might will be eventually trickled down on. The press adulates billionaires and emphasizes the rags to riches stories. 2) America is the greatest; USA! USA! USA! so we are at worst the best reasonably possible. 3) Also they are afraid the tax money will be spent on black or brown folks.
Yet little guys like you think it is just great if someone who inherits hundreds of millions or billions even from deceased parents or grandparents wants to just live off their porfolio. A double standard Confused by your post. What are you arguing more for? Massive inequality or environmental catastrophe?
Perhaps you should... she is probably the freshman congressman who gets the most attention. And when people insult her, it only seems to add to her awareness. Texas councilman apologizes and deletes Twitter account after calling Ocasio-Cortez a 'bimbo' https://thehill.com/blogs/blog-brie...-apologizes-and-deletes-twitter-account-after
thanks. Unless I'm reading it wrong, that is not far off from the Forbes article saying I believe 35%. But that answers a related but different question. The article you provided (thanks!) talks about the percentage of total wealth that is made versus inherited. I think that is is a different question than how many of the one percenters made versus inherited their one percent status. The number in the article seems to include all of the estates outside of the one percent that pass on to their heirs. The study linked to the article was very interesting but seems to verify that this was not a study of how many of the "wealthy" made or inherited their wealth (or in other words, does upwards mobility -- as well as downwards -- still exist in this society.) It is unclear whether the writer of the article even read the study. Instead, it appeared to be studying a very narrow issue -- what percentage of wealth transfers at all wealth levels are really motivated by altruism to the next generation -- so as to improve future models of the effects of estate taxation on consequences of increasing or diminishing such taxes. The final paragraph (after a lot of heavy math that I do not profess to understand) summed it up as: Future research is needed to better understand the effect of heterogeneous preferences toward leaving bequests. Most previous studies rest on the assumption that all households have a bequest motive and proceed to measure empirically the economic significance of the motive and its impact on various dimensions of household behavior. Some studies assume that only households with children have a bequest motive and use the relative behavior between households with and without children as an indicator of the strength of the bequest motive. In this paper, we have shown that both of these prevailing assumptions are suspect. Better indicators of the desire to die with positive net worth would greatly improve our understanding of household wealth determination.
