Flyer march 20, 2011

THERE IS PLENTY  OF MONEY IN THE U.S. FOR HUMAN NEEDS

 

 

*In 1973, the average U.S. CEO was paid $27 for every dollar paid to a typical worker; by 2007 that ratio had grown to $275 to $1.

 

*In fact, a CEO earns more in one workday than an average worker earns in 52 weeks.

 

*The 500 largest U.S. companies cut a record 821,000 jobs in 2009 while their collective profits increased to a record 

$391 billion.  

 

*The wars in Iraq and Afghanistan cost the average American family of four almost $13,000 last year.

 

*If middle and upper middle class families had maintained the same share of American productivity that they held in 1980, they would make an average of $12,500 more per year and the richest 1% of Americans would be making $1 trillion less per year.

 

*From 1992 to 2007, the average tax rate on the richest 400

taxpayers in the US dropped from 26.38% to 16.62%.

 

*48% of federal income taxes in 2011 will be used for present and past military purposes.

 

*It is estimated that the Iraq War will cost U.S. taxpayers

$3 trillion.

 

James A Lucas :  jlucas511@woh.rr.com        Not copywrited           Distribute widely                    

 

 

Flyer march 20, 2011

 

SOURCES FOR

 “THERE IS PLENTY  OF MONEY

IN THE U.S. FOR HUMAN NEEDS”

 

 

In 1973…

Bill Quigley, “Socialism? What a Joke! The Rich Are Winning the US Class War: Facts Show Rich Getting Richer, Everyone Else Poorer,” October 25, 2010.   

http://www.huffingtonpost.com/bill-quigley/socialism-what-a-joke-the_b_773260.html?view=print

 

 

In fact…

Kamal Taha, “CEOs Earn 262 Times Pay of Average Worker.” Common Dream, June 22, 2006. http://www.commondreams.org/headlines06/0622-07.htm

 

The 500…

Paul Buchheit, “The Big Obscenity: A Trillion Dollars a Year to the Richest 1%,” January 20, 2011. http://www.commondreams.org/view/2011/01/20

 

The wars…

John Nichols, “America's Not Broke, Wisconsin's Not Broke; We're Just Wasting Money on War,” The Nation, March 18, 2011. http://www.commondreams.org/view/2011/03/18-14

 

If middle…

Paul Buchheit, “The Big Obscenity: A Trillion Dollars a Year to the Richest 1%,” January 20, 2011. http://www.commondreams.org/view/2011/01/20

 

Since 1992…                                                                                   US Internal Revenue Service, http://www.irs.gov/pub/irs-soi/07intop400.pdf  

Bill Quigley, “Socialism? What a Joke! The Rich Are Winning the US Class War: Facts Show Rich Getting Richer, Everyone Else Poorer,” October 25, 2010.   

http://www.huffingtonpost.com/bill-quigley/socialism-what-a-joke-the_b_773260.html?view=print

 

48% of…

Flyer: “Where Your Income Tax Money Really Goes” War Resisters League, 2011.

 

It is estimated

Dave Davies, “Joseph Stiglitz on Our 'Three Trillion Dollar War” March 3, 2008. http://www.npr.org/templates/story/story.php?storyId=87801279