It is strange that most communication media rarely report on these realities ... until you remember who owns most of the media.
"Why should the privileged Americans want to avoid this problem?" Buchheit writes. "Because they are not willing to commit financially to the main cause of most violence in our country, which is overwhelming stress and suffering caused by deprivation in the richest nation in the world." (Photo: flickr / tedollins32 / cc)
Many of us are misinformed about certain critical economic and social problems. The following facts should have been informed by traditional media, but unfortunately, most of these media are controlled by the same people who have reason to hide the facts.
Deception in the tax haven is much more expensive than the annual safety net, but the IRS still small.It is estimated that capital accumulation
private US $ 3.3 trillion is ( 4% of the financial wealth of US $ 82 trillion ).
The safety net costs about $ 400 thou million per year, or, including Medicaid, about $ 900 thou million per year.
Assume tax cheaters seem an obvious answer, instead of cutting the safety net. But the IRS budget itself has been steadily cut. Surprisingly, and perversely, the Internal Revenue Service, which could be recovering much of our hidden money, has seen its staff and budget have been reduced by between 14 and 18 percent since the recession.
Our own country is the world 's second largest tax haven
While Americans privileged tax fraudsters are taking money out of their own country, they are not shy about taking it off to the world. According to the Index of Financial Secret of the Tax Justice Network , USA. UU.It ranked second after Switzerland as a tax haven.. Their report says: "The financial secrecy provided by the United States has caused untold damage to the ordinary citizens of foreign countries, whose elites have used the US as a hole for looted wealth."
I record low unemployment? Yes, for one hour of work counts as an employee
Part of that economy "boom" is a low unemployment rate. As noted recently, the Bureau of Labor Statistics based official unemployment rate employees "who did any work for pay or profit" during the week was surveyed. This includes the workers while partial working for one hour a week.
The unemployment rate does not include those who have quit looking for work: 4% more Americans than in 2000.
gradually giving away the wealth of our country to the children of the rich.
It is not a death tax is a tax on death.
Anywhere from 35 percent to 55 percent of the wealth of American households is inherited is going to get worse. A study of Boston College estimated that by the year 2061 transferred $ 59 trillion of US states.The study calls it "the greatest transfer of wealth in the history of the United States." That's almost as much as the total financial wealth in the United States today. But, as Robert Reich points out, in 2014, only 1.4 of every 1,000 properties were property taxes. Therefore, most of the money to be transferred from Baby Boomers to children who never won anything and not have to pay any taxes will go.
One could argue that the loss of these revenues is a good thing, because then philanthropists increase and finance the needs of society. Not much chance of that. The super rich have little incentive to provide housing, education, infrastructure and drinking water to poor neighborhoods. Here's your incentive: Funds advised by donors (DAF). These 'philanthropic' funds allow large tax depreciation, and money 'donated' can invest and reinvest, and some of it goes to real causes. The report "Golden donations" by Inequality.org states that "these charitable income can be stored for years or decades after they have made a charitable deduction, before a significant payment to make organizations are non-profit public" .
As we shoot each other, our leaders continue tocut the mental health care
Why should Americans privileged want to avoid this problem? Because they are not willing to commit financially to the main cause of most violence in our country, which is overwhelming stress and suffering caused by deprivation in the richest nation in the world. According to the National Institute of Mental Health, anxiety affects nearly one - third of the adolescents and adults.
But instead of therapy, drugs used to treat patients with mental problems and as a result, pharmaceutical companies earn thousands of dollars at the expense of disabled Americans. Incredibly, more than 96 percent of hospital beds mental health "last resort" have been eliminated in the last sixty years. More incredibly, the 2019 budget for the Department of Health and Human Services includes a decrease of 21 percent over the level of 2017.
The most amazing thing is the hypocrisy that accompanies this disdain for the needs of adults and children US. Like when Donald Trump says: "All parents, teachers and children who are suffering so much, we are here for you whatever you need, anything we can do to ease your pain."
Deception in the tax haven is much more expensive than the annual safety net, but the IRS still small.It is estimated that capital accumulation
private US $ 3.3 trillion is ( 4% of the financial wealth of US $ 82 trillion ).
The safety net costs about $ 400 thou million per year, or, including Medicaid, about $ 900 thou million per year.
Assume tax cheaters seem an obvious answer, instead of cutting the safety net. But the IRS budget itself has been steadily cut. Surprisingly, and perversely, the Internal Revenue Service, which could be recovering much of our hidden money, has seen its staff and budget have been reduced by between 14 and 18 percent since the recession.
Our own country is the world 's second largest tax haven
While Americans privileged tax fraudsters are taking money out of their own country, they are not shy about taking it off to the world. According to the Index of Financial Secret of the Tax Justice Network , USA. UU.It ranked second after Switzerland as a tax haven.. Their report says: "The financial secrecy provided by the United States has caused untold damage to the ordinary citizens of foreign countries, whose elites have used the US as a hole for looted wealth."
I record low unemployment? Yes, for one hour of work counts as an employee
Part of that economy "boom" is a low unemployment rate. As noted recently, the Bureau of Labor Statistics based official unemployment rate employees "who did any work for pay or profit" during the week was surveyed. This includes the workers while partial working for one hour a week.
The unemployment rate does not include those who have quit looking for work: 4% more Americans than in 2000.
gradually giving away the wealth of our country to the children of the rich.
It is not a death tax is a tax on death.
Anywhere from 35 percent to 55 percent of the wealth of American households is inherited is going to get worse. A study of Boston College estimated that by the year 2061 transferred $ 59 trillion of US states.The study calls it "the greatest transfer of wealth in the history of the United States." That's almost as much as the total financial wealth in the United States today. But, as Robert Reich points out, in 2014, only 1.4 of every 1,000 properties were property taxes. Therefore, most of the money to be transferred from Baby Boomers to children who never won anything and not have to pay any taxes will go.
One could argue that the loss of these revenues is a good thing, because then philanthropists increase and finance the needs of society. Not much chance of that. The super rich have little incentive to provide housing, education, infrastructure and drinking water to poor neighborhoods. Here's your incentive: Funds advised by donors (DAF). These 'philanthropic' funds allow large tax depreciation, and money 'donated' can invest and reinvest, and some of it goes to real causes. The report "Golden donations" by Inequality.org states that "these charitable income can be stored for years or decades after they have made a charitable deduction, before a significant payment to make organizations are non-profit public" .
As we shoot each other, our leaders continue tocut the mental health care
Why should Americans privileged want to avoid this problem? Because they are not willing to commit financially to the main cause of most violence in our country, which is overwhelming stress and suffering caused by deprivation in the richest nation in the world. According to the National Institute of Mental Health, anxiety affects nearly one - third of the adolescents and adults.
But instead of therapy, drugs used to treat patients with mental problems and as a result, pharmaceutical companies earn thousands of dollars at the expense of disabled Americans. Incredibly, more than 96 percent of hospital beds mental health "last resort" have been eliminated in the last sixty years. More incredibly, the 2019 budget for the Department of Health and Human Services includes a decrease of 21 percent over the level of 2017.
The most amazing thing is the hypocrisy that accompanies this disdain for the needs of adults and children US. Like when Donald Trump says: "All parents, teachers and children who are suffering so much, we are here for you whatever you need, anything we can do to ease your pain."
This work is licensed under a Creative Commons Attribution-Share Alike 3.0
This is the world we live in. This is the world we cover.
For people like you, another world is possible. There are many battles to win, but we will fight together, all ofus. Common Dreams is not your normal news site. We not survive in clicks. We do not want advertising dollars. We want to make the world a better place. But we can not do it alone. It does not work that way. We need you. If you can help today because all the gifts of all sizes are important, please do
