Rich are wealthier than ever!

[RichardAWilson]

Despite the stalled economy, the nation's 400 wealthiest are worth a combined $1.53 trillion, nearly equivalent to the GDP of our neighbor Canada.

Their total wealth is up 12% since a year ago.

Meanwhile, real wages for middle class households have fallen. It's time to reintroduce the Post-War 70% Marginal Income Tax.

[Dimmu]

Like i wrote in other threads.. There is a class-war going on against the working class from the capitalists and so far they are winning with a clear margin.

[W1N5T0N]

Thats because there are people profiting from a fall in market shres/crisis.
And, of course, causing crashes to get money. And getting bonuses...

the list is long.

[RichardAWilson]

Short-selling should be prohibited at this juncture in time. Triple and Double Leveraged short-selling should never be allowed (I.e. Leveraged Short-Selling Exchange Traded Funds).

Income Tax Rates (I.e. Restoring the Post-War 70% Marginal Rate) and Payroll Tax Rates (I.e. Abolishing the FICA Ceiling) should be increased and levied to end this trend of radical wealth concentration in fewer and fewer hands.

The revenue raised from progressive tax reform could then be used to abolish college tuition, create jobs and lower tax rates on middle and lower class earnings and wealth.

[RGacky3]

I'd say workers taking over the workplace is the place to start, unions, fighting for co-determination or hell total determination (total worker control) and so on.

[RichardAWilson]

I should note that European Authorities have banned short-selling in financial stocks. We should have done the same thing.

[RGacky3]

Thats just thinning the blood rather than stopping the bleeding.