15 December 2011

Worker-Owners of America, Unite! - NYTimes.com

Hmmm, I sorta like this.  I sorta like this a lot.  Will comment later, but thought you oughta see it now. 

Worker-Owners of America, Unite! - NYTimes.com

3 comments:

Revwilly said...

Yes, very interesting. I like the concept.

I would also note that while it is true 1% of Americans own half the wealth...they also pay half the federal income taxes. Half of Americans pay none. We need a serious overhaul of the tax code.

ldeg said...

"In a more typical year, 35 percent to 40 percent of households owe no federal income tax. In 2007, the figure was 37.9 percent."

"only about 14 percent of households paid neither federal income tax nor payroll tax in 2009, despite the high unemployment and temporary tax cuts that marked that year."

http://www.cbpp.org/cms/index.cfm?fa=view&id=3505

WFW said...

Just saw this story from the AP:

http://news.yahoo.com/census-shows-1-2-people-poor-low-income-054325860.html

If half of Americans pay no income tgax, maybe it has something to do with their being too poor. So, which is worse? That they rich ay too much or the poor have too little to pay? Either way, this is not healthy for as a society.