Wealth inequality, taxes and the hate paradigm?

"The top fifth starts a little bit above $100,000. That group makes about 56 percent of all income and pay about 70 percent of all taxes." The middle class in America seems to pay most taxes, the poor aren't paid enough by Wal-Mart to live without assistance or to pay for health insurance and need assistance, the super rich tax shelter and find all kinds of clever ways to avoid taxes. Example: So my question is, why does the middle class continue to hero worship the super rich while their jobs disappear, and demonize the lower class who don't even make enough to be players in the current system? Edit, in response to first poster: Wealth derives from resources. There are a finite amount of resources in the world. Being "rich" in money terms means you have power over resources. Edit again: Wealth redistribution might be obsolete given a true meritocracy. We do not however, live in a meritocracy in America. Social mobility is a thing of the past and so, such things as socialism and redistributing wealth tend to be the only things people think will fix our broken system.

Asked By: I am Natasha's complete lack of surprise - 4/9/2011
Best Answer - Chosen by Asker
The function of Government is to facilitate the acquisition of wealth, not to 'redistribute' it... More
Answered By: Phoenix Quill - 4/10/2011
Additional Answers (4)
THERE IS NOT A FINITE AMOUNT OF WEALTH IN THE WORLD. Once you understand that, you will understand that when the rich get richer, the poor don't get poorer.
Answered By: Andy - 4/9/2011
Answered By: Krishnamurthy Venkatasubramanyam - 4/9/2011
Weird, isn't it... More
Answered By: wolfmantex - 4/9/2011
NG: Hi. Welcome back. Again. Good question. I think it should be qualified though: Obama won the 2008 election by attracting very large numbers of educated young people who had never voted before. And he attracted a sizeable number independent voters. Political science wizards always say this about American politics... More
Answered By: TerryBanto - 4/10/2011
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