Income inequality and those greedy pigs who cause it

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Tuesday, December 16. 2014

Income inequality and those greedy pigs who cause it

We'll leave out the billionaires, because they are too few to move the dial. Let's just look at the very high-income people who make America look unequal in the statistics.

Who are the piggish people with multi-million annual incomes?

Pop music stars
Pro athletes and coaches
Hollywood stars, producers, and agents
Fund managers of large popular funds, hedge and regular
Large urban real estate investors and brokers
Successful creators of new businesses and venture investors in highly successful businesses
A small number of CEOs of major corps.
A microscopic number of authors
Investment bankers? Not much anymore

I don't begrudge any of these people their incomes, but I sometimes envy it while aware that I would not be capable of doing what they do. Still, if we taxed them all 100% over 1 million, we'd eliminate the statistical "crisis" and people would have to bitch about something else.

Who am I missing on my list?

Posted by The News Junkie in Our Essays, Politics, The Culture, "Culture," Pop Culture and Recreation at 14:10 | Comments (16) | Trackbacks (0)

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"Who am I missing on my list?"

Politicians

#1 Jim on 2014-12-16 14:26 (Reply)

Nailed it.

#1.1 jma on 2014-12-17 04:33 (Reply)

Jim has it right.

#2 Becky on 2014-12-16 14:43 (Reply)

Yup. Who else can make $140-$170K/year and wind up worth $25M or more 20 years later? Pretty good savings rate, that.

#2.1 Knucklehead (Link) on 2014-12-16 16:04 (Reply)

If they are taxed 100% after the first $1mil, they'll get very creative about avoiding those taxes, and then who's going to be stuck supporting all the free-loaders and those who truly do need support?

But you know that. Somehow the progs just can't process that thought. Kinda like "gun-free zones".

#3 Sam L. on 2014-12-16 14:56 (Reply)

I'm confused about a party whose leader continually issues diatribes about the "rich" and the "one percent" and then goes to parties every night where they charge $34,000 a head to attend.

#3.1 Jim on 2014-12-16 19:10 (Reply)

he's just "investigating" :)
Sacrificing himself on the altar of "social justice".
Can't talk about something unless you've experienced it, can you?

No doubt he's not enjoying it, not raking in the campaign contributions...

The people at those parties are the ones who'd like the upper middle class put down, those people who're running small to medium, up and coming, companies that might in a few years time threaten their large, stagnant, companies for their hegemony.

So they orchestrate appropriate rage. They know they themselves won't get hit by the backlash, as they're "too big to fail" and the useful idiots will want their iPhones, designer jeans, etc. etc..
They just have to be made to understand that it won't be tolerated if you set up a shop that can compete against theirs...

#3.1.1 J.T. Wenting on 2014-12-17 02:43 (Reply)

Well, most of those on that list throw their support to the Democrat candidates so I'm not sure why we should worry about their tax rates. The fight should be for those with small businesses, etc.

#4 JKB on 2014-12-16 15:18 (Reply)

if you tax them 100% for every cent over a million in income, you should do it with everyone whose income is over a million.
As in everyone who spends his income to invest...

#5 J.T. Wenting on 2014-12-16 16:26 (Reply)

Missing?????????????

Conservative bloggers who want to be left alone.

#6 I.......... on 2014-12-16 18:04 (Reply)

Division 1 college football and basketball coaches.

#7 DMac on 2014-12-16 19:05 (Reply)

Families of inherited wealth, the descendants of highly successful forebears. A study at U. of Chicago several years ago showed they were way over half of the richest 12,000 families in America. Sometimes referred to as the donor class.

#8 Luke Lea on 2014-12-16 20:51 (Reply)

and deserve to be cause we allowed you skanky commie-tards to exist while building the country.
(and providing JOBS to otherwise witless proles)

#8.1 gavin on 2014-12-16 21:28 (Reply)

That's not income

#8.2 Bird Dog on 2014-12-17 05:03 (Reply)

if you taxed them at 100% over a million they would never make over a million. the socialist myth that people will still keeping working hard to make money so politicians can steal it from them.

#9 tommy mc donnell on 2014-12-17 00:35 (Reply)

PowerBall winners and MegaMillion winners. If you tax everything over 1Million... I refuse to play.

#10 Ostinato on 2014-12-17 04:33 (Reply)

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Tuesday, December 16. 2014

Income inequality and those greedy pigs who cause it