A Quote by Bernie Sanders
Today, the United States is No. 1 in corporate profits, No. 1 in CEO salaries, No. 1 in childhood poverty and No. 1 in income and wealth inequality in the industrialized world.
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We`re not going to let the United States continue to have one of the highest rates of childhood poverty in the industrialized world in - at a time when we`re seeing a proliferation of millionaires and billionaires.
Here's what income and wealth inequality is about. Last year, the top 25 hedge fund managers made more than 24 billion, enough to pay the salaries of 425,000 public school teachers. This level of inequality is neither moral or sustainable
It would, I think, be hard for anyone to make the case that the United States is a just society or anything close to a just society. In America today, there is massive injustice in terms of income and wealth inequality. Injustice is rampant.
There is greater income inequality in the United States than in any other industrialized country. Yes, the debt is a problem that must be dealt with. To me, however, the disappearing middle class is even worse - bad for our economy and really bad for our democracy.
When two working people decide to marry, their federal income tax is usually increased. As soon as one spouse earns at least 20 percent of a married couple's total income, the couple pays a 'marriage tax.' ... The United States is the only major industrialized nation in the free world in which the tax cost of the second [married] earner's entry into the work force is higher than that of the first. On one hand, our government's social policy is to help working women earn equal salaries to those of men, but on the other we have a tax structure that penalizes them when they do so.
Half the U.S. population owns barely 2 percent of its wealth, putting the United States near Rwanda and Uganda and below such nations as pre-Arab Spring Tunisia and Egypt when measured by degrees of income inequality.
Today, we live in a world of incredible wealth and technology, alongside the most horrendous conditions of poverty, war and environmental crisis. This is result of capitalism, a system based on prioritizing profits not human need where the wealth is concentrated in the hands of a capitalist elite.
Income inequality has no necessary connection with poverty, the lack of material resources for a decent life, such as adequate food, shelter, and clothing. A society with great income inequality may have no poor people, and a society with no income inequality may have nothing but poor people.
In the United States we have more women in poverty than any other industrialized nation.
The United States has worse income inequality than Nigeria.
There are some people who say that they?re concerned only with poverty but not inequality. But I don?t think that is a sustainable thought. A lot of poverty is, in fact, inequality because of the connection between income and capability?having adequate resources to take part in the life of the community.
Income inequality and government corruption are both unfortunate realities in the United States.
In 2013 Citigroup had profits of $6.4 billion in the United States. They paid no federal income tax and, in fact, received a rebate from the IRS of $260 million. That same year J.P. Morgan had $17.2 billion in profits in the U.S. They also paid no federal income tax. Do you think it's time for tax reform?
In a world of massive wealth and income inequality, Europe must support Greece’s efforts to build an economy which creates more jobs and income, not more unemployment and suffering.
Sometimes I hear news about the huge dollars involved with CEO pay and corporate-management salaries, and I'm mystified at how someone can justify taking that much at the cost of other people's livelihoods. In a bizarre way, I'm almost kind of curious, like "How can they absolve themselves and enjoy their wealth?" I don't understand it.
If you didn't auction the [CO2] permits, it would represent the largest corporate welfare program that has ever been enacted in the history of the United States. All of the evidence is that what would occur is that corporate profits would increase by approximately the value of the permits.
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