The American dream is ‘rapidly diminishing,’ Walgreens boss says in plea to raise taxes for the wealthy
by FootballImpossible38
The American dream is ‘rapidly diminishing,’ Walgreens boss says in plea to raise taxes for the wealthy
by FootballImpossible38
37 comments
The rich ate the golden goose. They destroyed the real job creator – the middle class. The middle class created demand for their products and they just suffocated it because they really don’t understand how capitalism works. They just wanted an unregulated capitalism for amassing wealth in the hands of the few.
They can’t create demand and their wealth will evaporate because it is based on the golden goose they ate.
If someone is wealthy enough to have an underground bunker with a swimming pool and already has 10 navy seals hired to guard said underground bunker if an apocalypse event occurs as a result of their own actions…they can probably pay more in taxes.
Rich people: “We need less taxes as incentive to create more jobs!”
Also rich people: “We need to shift the tax burden to the rich because we ain’t got no customers left.”
So which one is it? FFS be consistent for once.
“It’s a big club… and you ain’t in it.”
[https://www.youtube.com/watch?v=cKUaqFzZLxU](https://www.youtube.com/watch?v=cKUaqFzZLxU)
The ‘American Dream’ once was simply to ‘make it’ so you and your family had enough and could enjoy a vacation yearly, a new car once in a while, send the kids to college even.
Now, it’s simply to have much, much more than everyone else.
Raise them from zero. Please.
This isn’t really related to Walgreens at all. How do they feel about the press, I wonder?
The American died quite some time ago, baby boomers saw to that when they lifted the ladder.
Kinda late, but go for it
Thomas Jefferson warned against the threat to democracy posed by big banks and big corporations.
*thanks to relentless tax cuts every time a Republican controls things
It wouldn’t take much for these billionaires to buy out 10 republican senators, and 10 republican congressmen, and get it done….if they really wanted to.
What party does he donate to?
The American Dream is being STOLEN.
Call it for what it is.
What’s always blown my mind is that while there are folks in the top 1% who are trying to avoid taxes (ala Trump saying he’s smart for not paying taxes), the other people that are the most supportive of that mindset are people in the middle class and lower demographic. And when a wealthy person says they think they should pay more taxes, these same folks will say things like “well no one is stopping you from writing a check to the govt” or “but they make our jobs”. Meanwhile they wonder why their life is expensive and infrastructure is decreasing. Disheartening.
Couple things I would do for the problem of national debt and tax fairness. One implement a national sales tax at 1 or 2% just so everyone pays something. Second, I would have a more progressive tax structure. 37% is to low go back to 91% for the most rich folks. Cap gains taxes wipe that out and everything is taxed as ordinary income. Eliminate depreciation. Next I would wipe out the soc sec cap on taxes and stop paying people that never paid into it. Next for what you sell in this country you have to manufacture in this country. Set minimum wage to inflation and be done with it. Implement national healthcare and wipe out the insurance industry for profit. And for the megarich fleeing to another country to avoid tax any wealth being sent out of country at the 91% rate. I would be curious what that world would look like.
It been gone for a while now. I recently bought my first home, not because I have been working my ass off and playing the “game”, but because my dad was murdered and I inherited everything he had.
Keep voting republican and the only tax break you will see will be for the rich. Darn those dangerous lgbtq+ people and their love./s
The American Dream has become the Koch Manifesto goal of a Feudal Society with the 1% as Lords and the rest as Serfs. Since the Politicians and Judges already answer to the Billionaires, that’s where we are headed.
Tax the rich so we do not have to pay a living wage? How about the rich expect a bit more realistic returns? Does a corporation need to post %20 profits growth year after year? Every time a company misses they take it out on rank and file workers not C level. Pay a living wage or you do not have a viable business. CEO pay should be cut first and stick buybacks happen only after workers have been taken care of.
It not socialism it’s fairness and humanism.
American Dream = Have rich/successful parents
Don’t just tax the wealthy. I mean, absolutely do that. But simplify the tax code. Get rid of the majority of deductions for everyone. The government loses $1.8 TRILLION in tax revenue every year on just the Mortgage deduction… A deduction that was meant to be a short term economic boon after WWII to allow GIs the chance to own a home. Closing that 1 deduction completely could solve healthcare and homelessness in this country. AND in the process it will eventually drive down the cost of a mortgage. Crazy how economics works.
Diminishing? It was diminishing in the 80s, It’s on life support in the ICU dying of vaccine denial now.
“It’s called the American dream because you have to be asleep to believe it.” -George Carlin
I agree with taxing the wealthy, but she has the power to make things better too. I know someone who had to work while actively sick filling prescriptions at a Walgreens. The location here hardly has enough staff to keep all departments functional. I know there are different levels of management and she can’t have direct oversight of all of them, but I’ve never heard anything good about working for Walgreens. It’s also across the board low pay too.
Hate to break it to people. U cant tax the rich. They dont have income to tax. They borrow against debt. Which isnt taxable.
“If our world leaders want to prevent millionaires and billionaires and their children from becoming the accidental aristocracy, they need to ensure that these taxes work as meaningful and effective checks on dynastic wealth,” Driscoll wrote.
Accidental aristocracy? That is hilarious, like this isn’t what they’ve been trying to do for decades. Walgreens? The company that got caught stealing their employees wages? This is only trying to pacify people with false hope. “Maybe some of the good ones will save us.”
Well, maybe tell your management to relax regarding overtime. Short staffed so I had to stay and help.
Got chewed out for 7 minutes of overtime.
We have been trapped in an inflation spiral for about a century now. We raise wages, corporations and landlords respond by raising the cost of goods, services, and housing.
So we raise wages again due to the cost of living and all those goods and services increase in price again.
This goes on and on, but is not equally implemented across the board. So those with low income jobs tend to get left behind.
You want to fix the problem? Lower the price of goods and services.
I’m 35 and the American Dream has never existed for me in the first place
Without a landslide for Democrats in this next election anyone with the means might as well pack up and leave the country. Unless you’re already Filthy Rich from this horribly inequal system there’s no reason to participate in it anymore you’re not going to out of it what you put into it.
TL;DR:
* The Walgreens exec John Driscoll asked global lawmakers to tax millionaires like himself more.
* As it stands, the American dream is in danger of extinction, Driscoll said.
* Driscoll joined over 250 billionaires and millionaires in supporting the Proud to Pay More campaign.
We are living in a repeat of pre-Bolshevik Russia. Either we will tax the rich more, or our grandchildren will be communists.
So someone in Corporate America has finally realized that when you screw over the American people, they will not have money to spend on your product.
“If our world leaders want to prevent millionaires and billionaires and their children from becoming the accidental aristocracy”… um, that’s exactly what they wish to happen. A return of the aristocracy and the rest of us peasants toiling in subservience.
Now that they realize it’s going to cut into their profits. This shit has been going on for at least a few decades now
well, it’s your friends funding all this culture war bs that distracts from actual problems like revenues.