The lower class and poor people rely on the middle class to pay in taxes for all the programs that help the poor.
2007-07-14 08:54:28
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answer #1
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answered by Anonymous
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"Aren't the middle class in this country richer than the rich of nearly every other country?"
This logic holds for all classes in the US. What does that have to do with your question? I could say that since the upper class is richer than the upper class of nearly every other country that we should further increase the tax burden on them.
2007-07-14 09:06:30
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answer #2
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answered by Dastardly 6
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Wouw...someone is definitely misinformed. So, you're basically claiming that the top 1& wealth in this country is paying much more taxes than what middle class is paying???!??!? You're also contradicting the reality that the gap between the poor and the rich is closer than they were before this administration???!! I find that very hard to believe..so unless you have a valid statiscal source to back that up, i'm just gonna say that you're full of bs.
2007-07-14 09:08:00
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answer #3
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answered by MrEntrepreneur 3
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What middle class?
Congress 2 days ago called the families who make between $100,000 and $200,000 the "middle class"!
If that is the case, 9,7 million out of 132 million families are in that class! And they are certainly not burdened.
The average wage in the US is $44,000, but 1/2 of American families make $25,000 or less! Almost all of America wages range from $10,000 to $40,000.
The people with the wealth, 730,000 (the top 0,5%) make between$500,000 to more than 10 million. the average for the rich is between $853,000 and $26.5 million!
I don't see a middle class anywhere, unless you want to count those that make between $100,000 and $200,000, and they are the clear minority in America!
Oh the myths they love to weave, "Only in America"! I don't think so!
No it doesn't make sense! Maybe they are just trying to get them ready for the huge increase to pay the interest on the 3 1/2 TRILLION in deficit, the party of fiscal responsibilty ran up! I have a feeling they are going to get slammed!
2007-07-14 09:06:50
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answer #4
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answered by cantcu 7
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Yes, however, there isn't a middle class in most of the world either. In most countries you are simply rich or poor. Beyond that we talk about quality of life and so in. Our quality of life is a different standard than many other nations, just as being poor here is very different. We don't have UN defined extreme poverty here in the US (people who live on $1 per day) yet we still have poor.
2007-07-14 08:55:41
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answer #5
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answered by Anonymous
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i do no longer think you're being common. i've got got here upon liberals to be people who frequently hotel to censorship tries whilst their fallacies are puzzled, like this censorship attempt I won in an e mail this morning from a liberal who replied this "question" and calls himself Bush Lied tens of millions Died: "Message: you're a valueless piece of ****. luckily for genuine human beings like myself you valueless products of **** have no skill what so ever. once you progression out of your father and mom abode and get a real activity you will understand how issues artwork in the genuine international. Now wipe the spuge off your face and close the **** up!" As you may needless to say see, this liberal hates freedom of speech, as do all the liberals i've got seen shouting down conservatives at endless college campuses. Your inference that Conservatives are predominantly people who hate freedom of speech is laughable. and that i in basic terms observed which you do no longer enable human beings to deliver you emails. it is being fairly a hypocrite...
2016-10-21 06:58:53
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answer #6
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answered by deralin 4
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"Aren't the middle class in this country richer than the rich of nearly every other country?"
How is that relevant to the relative contribution of the middle class in this country?
2007-07-14 08:58:39
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answer #7
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answered by Anonymous
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The problem with the left is they have a definition of the middle class that does not fit reality. They believe overpaid industrial factory workers count as middle class when in reality the middle class is composed of educated individuals. Many of these individuals are becoming part of the upper class because economic changes. This is a good thing in my book.
2007-07-14 08:58:09
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answer #8
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answered by The Stylish One 7
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Yes - and they're also richer than they used to be. In fact, the only reason the "middle class" is "shrinking" is because so many households are moving up.
If you consider the "middle class" to be the middle third of US households by income or wealth, it's richer in terms of either income or wealth than a generation ago (yes, in real dollars).
Many economists draw the lines at 2X the poverty level of income to 5X - if you're between those lines you're middle class.
The migration over the last quarter century has consistently been upwards.
There's a glut forming between 1X and 2X but there's also a bulge between 5X and 7X who used to be between 2X and 5x.
It's not that people are moving down, it's that people starting in the middle are moving up, and people starting at the bottom, while they're moving up, aren't moving up as fast - they're moving up as fast as people starting there always have, just not as fast as people starting in the middle are moving up.
Goldenrae's comment was correct a generation ago but it's no longer true, there are rapidly-growing middle classes throughout the world - Eastern Europe including Turkey, Latin America, Asia - - - - and they're going to be buying the things that the US middle class now takes for granted, so start investing in the producers and providers of those things - - - I bought Turkcell 2 weeks ago, it's doing very well.
Also goldenrae, yes, we still have poor people, but we'd have a lot fewer if we'd built that fence 15 years ago.
I'm not saying build it or not build it - (I actually like them, they're a lot like me, we like meat, beer, soccer, baseball and curvy women) - I'm just saying if you're going to import 8 million poor Latinos, fine, I'd just appreciate it if Krugman and Dobbs would then take the 2.5 million increase in poor people and do the math and admit that that means people are moving up and being replaced with new poor people, rather than that 2.5 million people moved down.
2007-07-14 08:56:44
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answer #9
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answered by truthisback 3
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Yes they probably are........ but the middle class has seen their disposable income disappear.....although we got a small tax reduction, that was all eaten up by increased fees at the local and state level to recover cuts in federal spending. Fuel increased by 50%, food prices up.
That might explain Americans 0% savings rate
2007-07-14 08:57:13
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answer #10
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answered by Anonymous
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