Trump's tax proposal would push US below Greece on inequality index

[turbinetree]

Source: The Guardian

Donald Trump’s tax reform plans would, if enacted, increase the gap between rich and poor Americans and see the US slip below Greece on a new global index of inequality.

According to the Commitment to Reducing Inequality (CRI) index, developed by researchers at Oxfam and Development Finance International, the US already distinguishes itself among wealthy countries by doing “very badly” at addressing inequality.


How can a child die of toothache in the US?
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But it would fall a further six places from its ranking of 23rd overall if Trump’s tax reform effort is successful, with the US’s specific rating on tax policies plummeting 33 places from 26th to 59th – just below Peru, Chile and Sri Lanka.

“When you already have countries like Portugal and Slovenia ranking higher than the United States on the overall index, we think that’s a concern considering the wealth of the US,” Paul O’Brien, Oxfam America’s vice-president for policy and campaigns, told the Guardian.

Read more: https://www.theguardian.com/inequality/2017/jul/17/trump-united-states-tax-reform-plan-greece-commitment-to-reducing-inequality-cri-index

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Lets not forget he has three individuals that use to work for the blood sucking octopus called Goldman Sach's and what they did in Greece.

http://www.rollingstone.com/politics/news/the-great-american-bubble-machine-20100405


ttps://www.theguardian.com/business/andrew-clark-on-america/2009/jul/14/goldmansachs-banks

[Bernardo de La Paz]

1. If income & wealth inequality is not addressed ASAP, the AI revolution underway will create riots.

Wealth & Income Inequality is a very corrosive social problem. It must be addressed ASAP.

[workinclasszero]

3. Apparently the rich in this country have no conscience and no fear

I mean hell they are this close to killing all health care for millions of Americans and republicans in Missouri and elsewhere are forcing down wages raised by the voting public.

[iluvtennis]

4. Just sickening.

[workinclasszero]

5. Here is a fresh article about it

Local Governments Raise Minimum Wage–Republicans Fight To Lower It (VIDEO)
By Ted Millar on July 16, 2017

Republicans love to tout “local control,” “states’ rights,” and “smaller government.”

But when St. Louis, Missouri raised its minimum wage to $10 per hour, Republicans saw it as a bridge too far.

Missouri Republicans passed a law recently prohibiting counties and cities from creating their own minimum wage laws.

And it doesn’t stop there. The new legislation actually decreases the minimum wage to $7.70–lower than it was before it was raised.
https://www.democraticunderground.com/10029335206

http://www.liberalamerica.org/2017/07/16/minimum-wage-lower/

[iluvtennis]

7. The ppl voted for the increase- GOP has no right to overturn it. GOP is bunch of thugs.

[workinclasszero]

9. Yes they are

[Bernardo de La Paz]

10. NOT all the rich in the country. Many DO have a conscience. . . . . nt

[Solly Mack]

2. K&R

[Doug the Dem]

6. Which is Exactly What He Wants

As do people like Jamie Dimon, despite his protestations.

[sandensea]

8. There's no doubt that Cheeto would worsen inequality - but to a deeper inequality than Peru?

Sounds a little exaggerated. To wit:

Miraflores, a wealthy Lima district:



San Juan de Lurigancho, the most populous Lima district:

[raven mad]

11. It's exactly what the plan calls for, and began way before sTrumpet.

Go all the way back to Nixon, and farther, and check the history of wage disparity.

[Cosmocat]

12. Its just helpless

It is so very real, so very provable

But, the populace in this country has its collective brain turned to mush by right wing propoganda and collectively people buy the bullshit about tax and spend liberals/"them" taking handouts, with people swooning over the flag waving and christian bullshit.