“Tax the rich: An animated fairy tale”, (narrated by Ed Asner, with animation by Mike Konopacki and written and directed by Fred Glass for the California Federation of Teachers), is an 8 minute video about how we arrived at this moment of poorly funded public services and widening economic inequality.
For more info, www.cft.org. © 2012 California Federation of Teacher
Automatic Delivery Available! If you enjoy this site and would like every article sent automatically to you then go HERE and sign up to receive your Market Intelligence Report (sample here). We provide an easy “unsubscribe” feature should you decide to opt out at any time.
“Follow the munKNEE” on Facebook and twitter and spread the word. munKNEE should be in everybody’s inbox and more MONEY in everybody’s wallet!
Related Articles from the munKNEE Vault:
-
The 1%: Net Worth of $8,232,000; Average Annual Income of $1,530,733 – and More Interesting Facts
You’d be in the top 1 percent of U.S. households if your income in 2010 was at least $516,633; your net worth in 2007 was $8,232,000 or more, and your average income this year is $1,530,773. Where did the top 1 percent make its money? [Take a look at the following charts for the answers.] Words: 1048
2. How the Wealth of Canadians, Americans, Brits and Aussies Compare
Countries differ greatly in the levels and pattern of wealth holdings…In this article…we highlight those of Canada, the United States, the United Kingdom and Australia. [Take a look at the results of our extensive research.] Words: 1314
3. Americans! Where’s the Outrage Regarding Your Financial Situation?
Most Americans don’t understand what is happening because neither the mainstream media nor our politicians are telling them the truth. We are being told that we just need to accept our lower standard of living and most Americans seem willing to accept that reality because they keep sending most of the exact same bozos back to Washington D.C….Why are the majority of Americans not screaming to their political “representatives” that they are as mad as hell and not willing to take it any more? Words: 1270
4. America: The 42nd Most Unequal Country in the World!
Richest 1% of Americans Own 33.8% of Country’s Private Wealth and 23.5% of Its Income!
[Remember the song by The Barenaked Ladies called “If I Had a Million Dollars“? Well, if you were one of the many ultra-wealthy around the world who were worth billions (see list) and earns billions of dollars each year, year after year, where could you possibly spend such riches? Well, frankly, even being very extravagant, it actually is surprisingly difficult to spend that much money – and there’s the rub. While this article, on one hand, outlines where and how a billionaire could make a small dent in his fortune (the uplifting part) it outlines, on the other hand, just how concentrated wealth is in the U.S. these days and the adverse effect such a concentration is having on our society.] Words: 21565. Are America’s Wealthy Unpatriotic?
The Rich are NOT Paying Their Fair Share of Income Tax
Over the last half century, the richest Americans have shifted the burden of the federal individual income tax off themselves and onto everybody else – dramatically! At a time of national economic crisis, especially, they can and should contribute far more in taxes. [Let me show you the extent of this massive redistribution of wealth so you decide for yourself if this is, indeed, the case.] Words: 1140
6. Never Have SO Few Owned SO Much – Where Do You Place in the Wealth Hierarchy?
[The fact that] the top 1% has prospered incredibly while the bottom 99% have been screwed royally is supported by countless data. New data show this is a global phenomenon and that even in the worst of economic times the wealthiest make out like the bandits they are, and there are a lot more of them than 1%. [Let’s take a look at what the data actually says.] Words: 7817. Taxes on “Rich” Vary Dramatically by Country – Take a Look
There is a lot of debate these days about the extent at which the “rich” among us should be taxed. That is an argument that no one is going to win but the findings of a study comparing the tax rates of such individuals on a comparative basis by country is most enlightening. Take a look to see how your country’s tax rates on the “rich” compare with other countries. Some of you will read this article and be quite displeased while the majority of you should realize that you have nothing to complain about (relatively speaking, that is). Words: 455