Redistribution of Wealth – No more Socialist than Initial Distribution

I’m going to make my point quickly.  Millionaire CEO’s currently get outrageous, unbelievable in fact, tax breaks when they send our jobs overseas.  Not only that, but only the first $80,000 or so is taxed equally across the board.  If you make more than that, the tax rate significantly lowers…as much as only 10% versus the 28% rate that the majority of America is taxed at.  The immediately decries that it just plain doesn’t make sense.  The more you make, the less you owe in proportion to your total income.  Let’s also keep the extremely important point in mind that we are talking “taxable income” here too–not actual income.  So after the Playboy lifestyle, employees’ payroll and benefits, and an endless array of deductions are justified all in the name of “business,” it is the remaining mega-thousands and millions, or even billions, that is left in the swing of things. 

How good are these elitists at differentiating personal v/s business wealth?  A prime, recent example, albiet on the flipside, is how Lehman Brothers claims bankruptcy, while their CEO Robert Fuld earned $500 million over the last 8 years in salary and bonuses, and though he was once worth $1 billion, he now claims a current net worth of $100 million.  How the heck does someone just lose $900 million?  It’s called a Swiss bank account.

What makes me really want to scream though, is the Republicans’ futile effort to give the average American the impression that Obama wants to put a glass ceiling on your dreams and earnings.  That is just flat ridiculous, and is nothing but false slander.  There is not a single wealthy person out there that has not had to rely on the backs of workers to get where they are today.  Not a doctor, a stock broker, a banker, a construction company, a restaurant owner, you name it.  What is evermore sickening is that even though the deductions of benefits costs are out there and accessible for these wealthy employers, they either don’t offer the benefits, or they do only to “qualified full-time employees”–and then make a special point to not hire ANYone full-time, thus keeping you from qualifying.

I have a good friend now who is beginning their first tenure as a professor at a local community college.  She is finishing her Master’s Degree in the related field, and is obviously excited about finally reaching her goals.  One hesitant setback:  she will be losing her health insurance.  What?!  How is it that a college professor at a state funded institution is not receiving at least basic health insurance benefits?  Simple:  they hire no one at full-time status, regardless of the number of classes or hours expected to be on campus.  Instead, she will indefinitely remain part-time status until they deem her worthy of full-time tenure and benefits.  Note, there is no specific goal of “after you perform successfully for 3 mo.” or anything similar.  The time frame is purely at their own discretion.

You don’t have to be an economic or sociology major to see that the true middle class of America is disappearing.  It is absolutely undeniable, and for the love of our own future survival, just stop trying to even imply that Obama plans to make it worse or “is a communist” when nothing could be further from the truth.  He is trying to rebuild the wealth and eliminate the social reliance of millions of Americans who, like myself, are hard-working, intelligent, and ready to succeed, but don’t stand a chance the way things exist today.

I want a degree.  Not just an associate’s degree, because the only jobs out there hiring where you can do more than live paycheck to paycheck require at least a bachelor’s degree.  I am willing to volunteer my hours in repayment of any tuition help.  I am ready to start at the bottom and work my way up into the successful realm of wealth.  Don’t dare call me lazy, because it has been the grit off of my hands that has built the wealth of more than a few business owners.  “I put my back into my living”–when the employment IS available to begin with, and I am very proud of that.  I also know that until the system is revamped, I have reached my glass ceiling.  Can you honestly tell me your situation is any different?


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