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In reply to the discussion: Candidly, I do not see the necessity at this time for "Shared Sacrifice" [View all]CrispyQ
(36,424 posts)61. Yeah, whenever there's sacrifice involved it has to be shared.
Good times & profits, though? Not so much. Austerity is coming to America. This administration & this Congress will not stand up for us.
http://www.democraticunderground.com/10021886725
HILL OF MEANS
Nearly half of Congress worth more than $1M, study reveals
By Mara Gay Sunday
November 20, 2011
<snip>
Forget Wall Street. With riches like these, Occupy Congress may make more sense.
Thats because 250 members of Congress or 47 percent have a net worth of more than $1 million, according to a new study by the nonpartisan Center for Responsive Politics.
The study, which analyzed data from legislators financial disclosure forms, found the average senator had a net worth of about $2.63 million last year. Thats up 11 percent from $2.38 million in 2009 and 16 percent from $2.27 million in 2008.
Nearly half of Congress worth more than $1M, study reveals
By Mara Gay Sunday
November 20, 2011
<snip>
Forget Wall Street. With riches like these, Occupy Congress may make more sense.
Thats because 250 members of Congress or 47 percent have a net worth of more than $1 million, according to a new study by the nonpartisan Center for Responsive Politics.
The study, which analyzed data from legislators financial disclosure forms, found the average senator had a net worth of about $2.63 million last year. Thats up 11 percent from $2.38 million in 2009 and 16 percent from $2.27 million in 2008.
So our senators net worth increased 16% since 2008. What about your net worth? Has it gone up 16%?
This is what they need to do, but won't:
>> Remove the cap from SS.
>> Tax investment income like labor.
>> Tax the corporations.
>> Rein in the military industrial complex - let's see that fucker make some sacrifice.
>> Pay Americans a living wage. If minimum wage had kept up with CEO pay since the early 90s it would now be over $23 an hour! They want the tax base to grow? Pay us higher wages & we'll pay more in taxes, not only with payroll taxes, but also with sales taxes!
Deficit problem solved.
Trust me, our rich senators & representatives have absolutely no intention of sharing the sacrifice or asking any of their rich contributors to share either. It's an empty phrase to make the lower classes think that the rich are giving something up, too.
I'm disgusted beyond belief by Plouffe said.
The senior White House adviser repeated Obama's opposition to extending the Bush tax cuts on those earning more than $250,000 a year, but expressed openness to a tax reform deal that could potentially lower what the wealthy pay.
"What we also want to do is engage in a process of tax reform that would ultimately produce lower rates, even potentially for the wealthiest," he said, referring to benefits from corporate tax reform.
"What we also want to do is engage in a process of tax reform that would ultimately produce lower rates, even potentially for the wealthiest," he said, referring to benefits from corporate tax reform.
Is he talking out both sides of his mouth here or what? We oppose extending the Bush tax cuts but we want a deal that could lower what the wealthy pay.
To all the folks who claimed Prez O was going to make a turn to the left if we would just vote him in for a second term, this is sounding like the same old bullshit to me.
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Candidly, I do not see the necessity at this time for "Shared Sacrifice" [View all]
Samantha
Nov 2012
OP
I am so sick and tired of hearing that phase while reading articles of those prospering
Samantha
Nov 2012
#4
OTOH it is time for the rich to share their share of the sacrifice. Eisenhower tax rates
Vincardog
Nov 2012
#79
Exactly! To me the whole tone was set by Dubya to dump us into two unpaid wars (one by lying),
NRaleighLiberal
Nov 2012
#3
If there is to be shared sacrifice, don't you think we should ask Halliburton and The Carlyle Group
Samantha
Nov 2012
#10
they didn't share the prosperity- they don't get to slough off the sacrifice.
BlueMan Votes
Nov 2012
#7
This thread is making me very happy because people are speaking out against this phrase
Samantha
Nov 2012
#14
I have been thinking about this question and I think we all need to discuss possibilities
Samantha
Nov 2012
#18
You can't exactly, but what you can do is to take several steps to stop the progression, and over
Egalitarian Thug
Nov 2012
#57
"Confiscate wealth" is right up there with "shared sacrifice" or "job creators".
Curmudgeoness
Nov 2012
#67
Even if they were forced to pay more taxes what "sacrifices" are they making?
SomethingFishy
Nov 2012
#15
Well, that is another approach and I can understand the protesters' motivation
Samantha
Nov 2012
#34
Defense, taxing the wealthy and corporations should all be apart of the deal.
HoosierRadical
Nov 2012
#31
I see the need for the rich to share in the sacrifices and hardships the rest of us have been throug
Arcanetrance
Nov 2012
#30
Not all of them call people like you and me "Lefties." Rahm Emanuel used another phrase, and did so
AnotherMcIntosh
Nov 2012
#55
This is brilliant & cuts right to the chase. I hope ALL DEMs take this stance, & hold to it. nt
99th_Monkey
Nov 2012
#32
Can't cut out the 500 million taxpayer dollars to Uganda every year to help them Genocide gay folks.
blkmusclmachine
Nov 2012
#51
We'll get a "Grand Bargain," but there is no way to stop the Middle-East wars.
AnotherMcIntosh
Nov 2012
#56
In 2008, I lost half of my retirement account. I can't afford to give more right now.
japple
Nov 2012
#69
Yup! If you want to cut the budget end the war and cut the weapons procurement budget.
Ganja Ninja
Nov 2012
#75
the working class has been sacrificing for 30 years while the capitalist class got fat.
HiPointDem
Nov 2012
#78