The Rich are not helping but hurting our nation - Wage Theft

The rich are not helping but hurting our nation. Wage theft is the largest form of theft in the U.S.

Bottom line is that the rich are not only getting richer and income inequality grows but on top of that, the rich steal from the poor. Talk about things going wrong in this country, this takes the cake.

 

I mean, it sounds evil the way you put it, but really it's just businesses trying to control costs. It's bad, but not quite malicious or surprising. This is why unions exist. It's hard for one worker to stand up and say they don't work overtime without overtime pay - for fear of being seen as a less valuable employee.

 

Like I have always said, Capitalism in its extreme is bad. Yes, it is business but it is business where the poor are getting screwed. This is why there needs to be controls and limits to Capitalism. The rich need to give more than they are giving. It cannot be one way because one way helps the individual but hurts the nation. Are we not all here to make it a nation that is good for everyone and not just for the 1%?

 

What a load of malarkey. If it were not for Capitalist business owners, the have nots would not have jobs. Capitalists assume all the risk, put in the investment, pay most of the taxes, and provide jobs. That is the very definition of good for everyone! The country promised all an equal opportunity for all, but not an equal outcome.

 

Yet taxing hell out of the rich and corporations does absolutely nothing to fix that. In fact in the end it makes it worse by driving companies and individuals overseas, and by shifting investment from business expansion to wealth preservation reduces job growth and flatlines wages.

 

So they are gods and should all kneel in worship. Got it.

 

No nor should they necessarily be blamed for the effects of government policies they had nothing to do with.

 

Yea its not like they give millions to politician right.

 

Any employee that doesn't get the pay they think they deserve is free to quit and find another job.

 

Who the heck picks a career that only pays minimum wage?

 

The poor are poor because they have no jobs. They have no jobs because government policy is to drive jobs overseas.

 

First of all, I am not talking about taxing "the hell out of the rich" but making it more even. As it is, the rich pay very low taxes because of the loopholes that allow them buy things such as properties and not pay taxes on them because they are unrealized gains. As such, the rich are not using their money to invest in companies and making them grow. Buying things and not selling them does not help anyone because the money is not working. It is just sitting there.

The Forbes 400 Pay Lower Tax Rates Than Many Ordinary Americans

In addition, the income inequality that is happening and that the OP addresses through wage theft, means that the poor and middle class are NOT spending money to buy things because they do not have any money to spare. If the rich were taxed more and the poor and middle class taxed less, there would be more people buying things than there is now. The rich are never going to spend a higher percentage of their income given that they already have everything they want and need due to their richness. The poor and middle class will spend a higher percentage of their income when they have the income to spend because they have none of the things they would like to have.

In another additional fact is that if the poor and middle class had more money, more businesses would open and more employment would occur. Right now, the big rich companies are not growing much anymore but they are so big that the small companies do not have a chance to make it and fail. Taxing the rich more and the poor less would actually make more jobs and not less.

 

there are less jobs now because the rich are controlling everything and they do it through technology and as such, there are less jobs available. Give the poor and the middle class more income and there will be more mom and pop operations and therefore more jobs available for everyone.

 

No, it is because greed drives them overseas for cheaper jobs. The government is here for all Americans and not just to help the rich get richer, which helps no one.

 

If it were not for capitalist landowners, the have-nots wouldn't need jobs because they would have their natural individual liberty rights to access economic opportunity without having to pay landowners just for permission to work, shop, access public services and infrastructure, etc.

That is false and absurd, as every workplace injury proves.

Equal opportunity for all?? Don't make me laugh. The greedy, privileged, parasitic rich legally own the opportunities that government, the community and nature provide, and the rest of us must pay them full market value just for permission to access opportunities we would otherwise have been perfectly at liberty to access. The rich provide workers with jobs in the same sense that a protection racketeer provides small businesses with protection: a "solution" to a problem that only exists because of the crook selling the solution.

 

Income should be earned, not given. I found at an early age that there was lots of money to be earned and thus I set about earning a bunch. Anyone can do it.

 

It takes profound levels of gullibility to buy the sweeping generalization fallacy being sold here. Just like racists do, this paints an entire group with a broad stroke for the purpose of demonizing people and robbing them of their individuality.

Politicians manipulate the gullible into viewing the rich as thieves, predictors, and evil people that don't pay their fair share. They vote to increase taxes on "the rich" not knowing where they get the money to pay those taxes.

They are not "rich" because they have money. If all the money was distributed equally, it would not be long until the rich and poor were back where they started.

How is income inequality in the "eat the rich" capitol. California?

 

I agree with that statement. Nonetheless, it does not apply here because what is happening is that the rich are taking the "opportunity to earn income" away. If there are few jobs and the ones that are there do not pay enough to pay bills and on top of that, they are doing things on purpose to push the poor and middle class down, where are the opportunities to earn available?

You say that you "found at an EARLY age that there was lots of money to be earned and that anyone can do it. You are right, but that was what the U.S. was before (Land of Opportunity). I remember that area myself and took advantage of it myself as well. Nonetheless, that is no longer the case. The rich have taken that Opportunity away and this has happened over the past 10-20 years, not when you and I were young.

Open your eyes and see what this nation has become. It is NO LONGER the land of opportunity. The powerful have stopped that.

 

I never depended on or felt hampered by the economy, inflation, recessions, the president, the party in power, wars, global warming, climate change, what team won the World Series, or what rich people were doing or not doing. And I assure you rich people never took any of my money, just the opposite. The harder I worked the more rich people paid me.

 

Here is Warren Buffett himself saying what the OP is saying. It is not a fallacy but a reality.



and by the way, politicians are not manipulating the gullible into viewing the rich as thieves, etc. We all know that money and power more often than not corrupts people. One thing that does apply to most everyone is that we all want to do what is best for ourselves (very few really unselfish people exist) and when we have the money and power to do what we want, we normally do what we want and that is for our benefit and at the cost of anyone that stands in our way.

Saying that it is not happening, is ridiculous. Human nature is human nature.

 

That was then. It is not what is now. The OP and the data included, prove it. Wage theft is a topic that has many links to it on Google. It is not someone's opinion but an actual fact.

 

Wage theft my arse.

 

Greed scmede money goes where the best return on invest can be found. Call it what ever will government thirst for power and money has destroyed more people and countries than all the business people that ever lived.

 

I am happy to respectfully disagree with an opinion, but increasing taxes on the "rich" is a basic Democrat policy. Believing that it won't get passed down to the poor and low income requires profound levels of gullibility. Where do you think the rich get the money to pay taxes? How is income inequality in the "eat the rich" capitol of the US, California?