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To sum up the report from two professors, in the USA over the last third of a century, the people with the most wealth are typically the people who make the rules. See http://www.bbc.com/news/blogs-echochambers-27074746 for details. It is not surprising then the story about an American billionaire who is said to have paid less money in taxes recently than his secretary.
m108rfd m108rfd 51-55, M 6 Answers Apr 19 in Politics

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Why is this being posted multiple times?<br />
Also, it turns out that Warren Buffet was wrong in his statement about his secretary.

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So is the UK, and most of Europe...

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Still, OECD information shows that the UK and Denmark and Sweden and Italy for example collect more of percentage GDP in taxes in the USA, meaning that the top wage earners in the Europe are not as lightly taxed as in the USA.

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It's not exhaustive research though, but ba<x>sed only on a small sample of surveys. So, it's flawed, over-simplfies

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Princeton University Prof Martin Gilens and Northwestern University Prof Benjamin I Page most likely disagree with their 1,779 survey questions being declared to be "not exhaustive research" and "a small sample of surveys".

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They'de be shot down in flames by many academics.

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Yes. This is true. So the question now, is how do you get democracy back and keep this oligarchy from ever happening again?

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The answer is easy to declare on how to get democracy back in the USA: bring back the tax system of the Eisenhower administration of the 1950's. When Dwight Eisenhower was the president of the USA, anyone whose salary was bigger than his presidential salary paid a 90% tax on that extra money.

That old school tax move would also avoid the problem of repeated congressional voting in the USA to raise the American national debt limit, a debt limit which has risen to a little short of $20 trillion now in the mid-2010's. In Canada, the national debt is about 1/30 of that amount. Organization for Economic Cooperation and Development numbers show that the USA only gets about 24% of GDP in tax revenues, compared to Canada's 32%, so the enormous debt of the USA compared to Canada is not especially surprising. The top 1% of households in terms of income in the USA pay a federal income tax that averages less than 1/4 of their income, so if such a low income tax rate remains in place for the wealthiest 1% of people in the USA, it would be unlikely for the USA to bring its tax receipts up to the 32% GDP mark that Canada's taxing system achieves. Of course, that low federal income tax rate on the rich in the USA would rise quite a bit if the Eisenhower tax system is brought back and any American whose salary is bigger than President Obama's salary pays a 90% tax on that extra money. In addition, bringing back such a 90% tax bracket would somewhat reduce the activities of congressmen in the USA who seem to constantly chase honorarium fees for their speaking engagements, thereby reducing the infamous influence of lobbyists in the USA.

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That's the best, most common sense answer I've heard in a long time on here. Thank you for taking the time to put your thoughts and ideas into words. I, for one, truly appreciate it, and I agree with you.

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Sounds right to a degree

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No **** Sherlock.

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Whatever happened to Abraham Lincoln's "government of the people, by the people, for the people"?

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Sold off..............Sherlock.

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