Probably the most important story of 2020 – The already incredible rich hoarding nationwide profits for themselves by paying very little in taxes. It’s not just Trump!
The top 1% of American income “earners” have or control over at least 80% of all the income generated in this country. Yes, IT IS hard to believe. But that’s what empowers the wealthy getting by with hoarding “our nation’s income.” Arithmetic doesn’t lie.
The Daily Kos national news magazine (along with several others) have been trying to shine a spotlight on this unbelievable transferring of our nation’s wealth up to the most elite of our “fellow countrymen.”
There have been numerous stories about this hidden, out of the way, money transfer up into the top suites of American corporations. But the Daily Kos has nailed it – rather solidly – and is well worth reading their view of why America’s standard of living has not kept up with many other foreign countries. Click Here.