An almost daily relfection/commentary on news items, daily occurences and events that impact our lives.
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If this is your first time visiting, welcome. If you are returning again, welcome back. While this blog was originally not going to be about me or my life, it seems to be morphing to include more of myself and experiences. I will still strive to add a different perspective to the news and events around the world that impact everyone's life,however, I will focus more attention on issues that relate more tangibly to our personal lives. We all live in a world that is increasingly interconnected yet it seems a lot of people are turning inwards, shying away from human interaction. Lets step away from ourselves and see what we can do to make a difference. There are ads on this page and 65 cents of every dollar earned will be donated towards helping the homeless. If you like what you are reading, please share it with your friends.
Sunday, February 27, 2011
Modern Day Robin Hood
Its no secret that while the rich are getting richer, the poor and struggling are stagnating or getting poorer. The rich, those generally running large corporations, elite athletes, rock and movie stars seem to increase the amount of money they earn every year. And yet while the cost of living increases every year, due to rising oil, food, and product prices, everyone other than the rich seems to either have their wages or benefits reduced, or they get layed off altogether so that the rich don't see a decrease in their corporations bottom line which directly effects their profits. This is not just a U.S. phenomenon, it is occurring worldwide. If you need evidence of this fact, just take a look at the NYtimes Style magazine which is loaded with multiple page ads ( NYTimes Style ) of superfluous dresses some costing more than a low income family makes in a year. How is this in touch with reality. In addition, take a look back a few years ago at the bonuses that corporate executives were receiving and still are for essentially running a corporation into the ground to the point where American taxpayers had to help them out ( Executive Bonuses ). What we need is someone who can stand up to these despicable persons and even out the playing ground. Does it take a very knowledgeable person to run an enormous corporation? Absolutely. Should they be making more than others? Absolutely. But they should not be receiving or basically giving themselves this extra money which could support hundreds of low-income families. Their base pay should also be lowered and it should reflect the current economic climate. Unfortunately, there is no one who is willing to take a stand against the Goliaths of the coroporate world. Some try, but they are inevitably beaten down again and again and again. Part of the problem is that the ones who are trying to fight them also make a lot more money than the average American does so when it is pointed out that they will also be receiving less they say, "Wait, I don't want to make less money, lets just keep things the way they are." So despite efforts to increase taxes on the super wealthy, nothing seems to get done. Hence our need for a modern day Robin Hood, someone who is not afraid to be villified by the wealthy and stay the ground till the income gap is shrunk. Since increase income taxes on the wealthy do not seem to have that big of an effect, lets look at other alternatives (not stealing as the reference to Robin Hood suggests). One idea that could work would be a flat tax on all products across the board of 27-30%. This could work in theory, but might not have the effect desired. Another option ( Fairer Tax ) is to tax lower priced items less (like a Toyota Camry) and higher priced items more (like a Ferrari). This last idea would in essence force the wealthy who could afford a Ferrari to shell out more of their money to acquire it (because lets be honest, they don't want to be seen driving a Camry or Saturn around). But there really is no straight answer. It seems that whatever plan we come up with, the wealthy will find a way to circumvent it. Someone needs to make them accountable for their excessive incomes. I have worked for some of these people and some of the houses they live in are ten times the size of my 1200 sq. ft. home, their bedrooms sometimes equaling the first floor of my house. To me it is just a little excessive (yes I have a sarcastic streak). If someone has the guts to stand up to these people with a plan that can actually work, now is the time to step up to the plate. Next time, we will go into the excesses of government and wasteful spending. (Seems to be a hot topic these days). But still, say hi to your neighbor and see if they need a hand.
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