Post a Comment Print Share on Facebook
Featured Company Wicker IHeartRadio Music Awards Biden Israel


America's love to grow cold, his billionaires

What would America be without its billionaires? Earlier you were John Rockefeller, and Henry Ford, today, the multitude of the super-rich with Stars such as Oprah Winfrey and Beyoncé's much more diverse.

wealth for most Americans, something Glamorous. And even if the multi-millionaire is not a dazzling celebrity, but a paler contractor, he has to fear, unlike in Europe, no envy. "Socialism did not take root in America, never the foot because the poor see themselves not as exploited Proletariat, but as temporarily prevented the millionaires", is said to have described the writer and Nobel prize winner John Steinbeck, this acceptance.

But fades this understanding. So strong that parts of the Democrats the super-rich explicitly in the headlock to take – and for that great permission to harvest.

The newly elected members of Congress Alexandria Ocasio-Cortez is proposing a tax rate of 70 percent for annual income of over ten million dollars. And presidential candidate Elizabeth Warren wants to introduce a wealth tax of two per cent for household assets of over 50 million.

Renewable energy: Ocasio-Cortez weibelt for a "Green New Deal". Photo: Keystone

And the "temporarily prevented millionaires", described by Steinbeck? Are quite fond of. In a recent poll conducted by Politico/Morning Consult, 61 percent of Americans Warrens keep the rich tax. The even more radical proposal by Ocasio-Cortez, 45 percent of the respondents appreciate still.

"An extraordinary Moment in American economic history"

Such consent values are unusual in a country whose inhabitants responded often suspicious of state redistribution and intervention. Even the programs of the New Deal Era (1933-36), such as the establishment of a social insurance, at the time of their introduction is not so popular. And hardly a message of Ronald Reagan, the US citizens are kept in the memory as the of the "Trickle-down"theory. If the state stays out of it, can unleash the economic power and all benefit from the prosperity that drips down. Who would like to brake this Natural force through taxes and regulation?

The economic Sciences have discredited this idea a long time ago. In the US policy, it has still the economy, at least in the camp of the Republicans. And the Democrats want to expose for decades no one suspected, to make against American companies and their owners policy.

The Americans "are controlled by money-hungry, and feel no long-term commitment for the people she's reached,"Fox News anchor Tucker Carlson

Now it seems to be a turning point: The strong perception of economic Unfairness did not exist five years ago either. Or you have existed, but found no way to Express themselves, writes Michael Cembalest, investment strategist at JBMorgan Asset Management, in an interview with Politico. "This is a pretty extraordinary Moment in American economic history, where all of a sudden within a few months, this thing is so exploded," he says.

For Paul Campos, author and a Professor of law at the University of Colorado in Boulder, the aversion to the prosperity layer, however, all of a sudden. "The skepticism of the financial system has grown in America since the economic crisis of 2007/2008, which was nice to watch the Occupy wall street movement or the success of Bernie Sanders election campaign," he says.

billionaires to fight back against the wealth tax

the surveys also showed that the desire for greater social justice is in the population already no longer perceptible. "Now the Democrats respond finally to this change", says Campos. A Gallup poll, only 32 percent of Americans are on the distribution of assets agreement.

Even Fox News presenter Tucker Carlson, not otherwise progressive ideas, suspicious, held last month on live TV a flaming monologue against capitalism and the exploitation of the working class. The Americans "are dominated by money-hungry, and feel no long-term commitment to the people they rule," he said. And added later in an Interview he is considering to select Elizabeth Warren.

Michael Dell is one of the richest men in the world: In a CNN Interview, he opposes the wealth tax. Video: CNN

This is the fact that the political influence of the Wealthy in the past few years, become clearly visible. Since then, the Supreme court in 2010 ruled that unlimited party apply to donations from companies as freedom of expression, apply to election campaigns as "battle of the billionaires". In the case of the Republicans, the Koch brothers, the Mercer family, or the real-estate Mogul Sheldon Adelson, who influence politicians with their donations and their ideas prevail. In the case of the Democrats, the actors Tom Steyer, George Soros and Michael Bloomberg hot.

Because on the other hand, young Americans are sitting on five - to six-digit student loans, citizens bother welshing on for years your over-priced medical treatment and tens of millions of Americans below the subsistence minimum toil that creates the cynicism. The billionaire Donald Trump criticized in 2016, the allegedly corrupt elites. And you donee cuts later for tax.

Now that the distribution issue is openly discussed, a mix, of all things, two more super-rich in the presidential election campaign. Howard Schultz, billionaire and founder of coffee house chain Starbucks, toying currently with a candidacy as a party candidate. The billionaire and former New York city mayor Michael Bloomberg, might want to compete for the Democrats. Both reject nature in accordance with the wealth tax ideas vehemently. For Bloomberg, such a project is not suitable "Constitution according to the" and better for the socialist Venezuela than for the US.

"cultural Calvinism is still very powerful"

Schultz emphasizes, for example, that he did it out of simple ratios, with ideas and hard work to the top. His family lived in a Council flat, mentioned the 65-Year-old more often – including in his biography Pour Your Heart Into It: How Starbucks Built a Company One Cup at a Time".

That social housing will be financed by the state and by taxpayers ' money, do not mention it. As well as the Computer entrepreneur Michael Dell recently stated that to solve problems instead of taxes, prefer to with its own Foundation. The philanthropy critic David Callahan commented that, in a dry place-Have the super rich for decades of tax reduction tax reduction is driven forward, the state now also money, the problem to tackle.

"Schultz, Bloomberg and their ilk are vain men, who believe that it is in times like these, in the USA a mass audience for their political positions. The surveys could not be clearer: it's not", and therefore believes Campos.

The democratic Block by Ocasio-Cortez and Warren has with the rich tax initiative passed, the shift in Share of the company in the form of concrete policy proposals. Whether you are enforcement are likely to be politically capable of, is not said. The political right is working with full force to any Form of redistribution as the beginning of a Sovietization of America.

"Egalitarian concepts are in tension with what has been called by Max Weber the Protestant ethic and the spirit of capitalism," says Campos. "This kind of cultural Calvinism is still very powerful." However, he begins to crumble. And America's super-rich feel it already. (Editorial Tamedia)

Created: 09.02.2019, 21:37 PM

Your Name
Post a Comment
Characters Left:
Your comment has been forwarded to the administrator for approval.×
Warning! Will constitute a criminal offense, illegal, threatening, offensive, insulting and swearing, derogatory, defamatory, vulgar, pornographic, indecent, personality rights, damaging or similar nature in the nature of all kinds of financial content, legal, criminal and administrative responsibility for the content of the sender member / members are belong.