Democrats seem the party of inherited wealth, while Republicans seem to be the party of earned private-sector wealth (business owners, private sector professionals, etc). Democrats are also infested with people who work for government, have government contracts, get welfare, etc.
CRONY CAPITALISM.
The elites are trying to set up a modern day monarchy but with a dictator and a one party... one world order rule.
True enough.
Assets are not subject to income tax. So for one to propose punitive INCOME taxes after one has acquired great ASSETS is really no sacrifice at all.
Rather they are merely cutting off the rungs of the ladder behind them, cutting off any up and coming competition, and preserving the status quo with themselves at the top.
They always have been the party of the corrupt rich.
How Did The Democrats Become The Party Of The Rich?
They steal from the poor that is why they are the party of the rich..
A lot of wealthy folks envision themselves controlling the population to their benefit. Since they are rich, they must be smart and know what is “right” for us peons. Similar to the “progressive” politicians. They share this view, and work together in a form of “crony capitalism”.
While progressives promote high taxes on “the rich” they allow escape clauses for their allies to retain wealth, and use the govt to route lucrative deals their way.
Bill Gates, Mike Bloomberg, the Google boys, a whole roster of hedge fund titans, etc. The list is long.
In USA 2014, it’s actually an outlier for a wealthy person to be affiliated with conservatism.
Wait a minute...wasn’t FDR a member of “the 1%”?
Fascism has always been a construct of the left.
I don’t think this is new. There are plenty of wealthy Democrats. It’s not just poor inner city minorities that vote Democratic. There’s plenty of wealth in the major cities that vote this way too.
College professors, CEO’s, entrepenuers, and entertainment industry types all have plenty of money. And of course, there’s the upper middle class white woman too, who lives in suburbia but tends to be more moderate to liberal.
I’ve always rejected the notion of rich business men = conservative and poor minority = liberal. True, there are many examples of each in those respective parties, but it’s not a given - not in any way.
I recall the popular GOP theme in 2012 (Romney/Ryan leading the charge ) was that all rich guys are job creators and if any of them pay less taxes WE will all benefit from it, and then we wont even need Medicare when we retire.
That led to the 2012 end years tax cut extension standoff where a number of Republicans like Lou Gomert took the stand that if Reid and Obama wouldn't accept extending tax cuts for these billionaires then nothing should pass and all our taxes should automatically go up.
Personally I wasn't interested in paying higher taxes just because they have to.
Clearly this meant that we should only be judged by the $$ we make.
Don’t be too quick to laud Teddy. He was one of the first “Progressives” and an anti constitutionalist. Remember National Parks and Trust Busting.
Both parties are “the parties of the rich” and they work together to preserve their status and wealth. Their enemy is 90% (or so) or the population, who are voting fodder and a commodity that keeps power and wealth flowing to the elite.
Because they are much better at crony capitalist table-tilting than the Pubbies.
Crony Capitalism bump for later.....
John Kerry might have an idea.
Or Harry Reid. Or Joe Kennedy.
Become? They always were.
Someone needs to read some history.
Can’t wait until the Hollywood types come winging in to DC to speak in front of select committees on the first hand experience of income inequality.
Labor unions + trial lawyers = $$$$$$$$$$$$$$$$$$$$$