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From: zen cycle <funkmasterxx@hotmail.com>
Newsgroups: rec.bicycles.tech
Subject: Re: Tariffs and bikes
Date: Sun, 6 Apr 2025 07:46:16 -0400
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On 4/4/2025 10:30 PM, AMuzi wrote:
> On 4/4/2025 9:03 PM, Frank Krygowski wrote:
>> On 4/4/2025 12:26 PM, AMuzi wrote:
>>>
>>> You can have whatever opinion you like but not your own facts. 
>>
>> Heck, I thought it was fashionable to have "alternative facts" if you 
>> don't like the look of normal ones! Wasn't that made clear during 
>> Trump version 1?
>>
>>> USA has among the most steeply sloped tax regimes on earth, such that 
>>> the top 1% of earners pay roughly half of all income tax.
>>>
>>> https://usafacts.org/articles/who-pays-the-most-income-tax/
>>
>> The USA also has some of the highest income and wealth disparity of 
>> developed nations. Granted, not as bad as many small 3rd world 
>> countries - but I think we should not be striving to emulate those.
>>
>> https://www.oxfamamerica.org/explore/issues/economic- justice/income- 
>> and-wealth-inequality/
>>
>> I'd say that means our tax structure is still insufficiently progressive.
>>
>> And what should we be trying to achieve anyway? ISTM our nation was 
>> founded on the idea of doing away with a privileged class lording it 
>> over those purportedly of less worth. Also the idea of everyone (well, 
>> as long as their complexion wasn't too dark) getting an equal shot at 
>> prosperity. If nothing else, those ideas, if implemented, work toward 
>> keeping the masses content enough that they don't literally rebel. 
>> Rebellions are messy, unpredictable, and bad for bike shops.
>>
>> We now have a new privileged class, one that can rake in millions per 
>> year and pay lower rates than struggling middle Americans, in part 
>> because of clever deductions. Remember Leona Helmsley? "Taxes are for 
>> little people."
>>
>> And of course, any money made over $170,000 per year is free of Social 
>> Security duties. Because hey, one's third mega- mansion is much more 
>> important than better food for the family making $50,000 per year. Why 
>> should the ultra-rich help to keep Social Security afloat?
>>
>>
> 
> The 'disparity' is a myth in that it counts only taxable earnings, 
> ignoring that fully half the country pays no income tax.  Many of those 
> receive 'negative tax' payments and in fact dos very well on relief, 
> much better than many working people.
> 
> Regarding wealthy citizens, we do indeed have some inherited wealth but 
> almost all the top earners are self made including an astonishingly 
> large number of legal immigrants especially Indian, other Asian and 
> notably Nigerians:
> 
> https://africanmind.org/statistical-portrait-of-nigerian-americans- 
> accomplishments-paradoxes-and-misconceptions/
> 
> who seem to have learned to stay out of Poland Ohio and so do quite well 
> here.
> 
> Your snarky racism comment is ridiculous.
> 
> https://www.britannica.com/money/Herman-Cain
> 
> https://www.the-sun.com/news/4916213/willie-wilson-how-became-millionaire/
> 
> Mr Wilson literally plowed fields behind a mule before taking his 
> talents elsewhere.
> 
> Some black one-percenters (not the motorcycle type one percenters):
> 
> https://247wallst.com/income/2024/08/08/meet-the-wealthiest-black- 
> americans/
> 
> Back to our mere millionaires:
> 
> https://www.forbes.com/sites/korihale/2022/10/25/millionaire-status-is- 
> on-the-rise-with-52-million-people-joining-the-club/
> 
> There are 224 times more black millionaires in USA than the top 19 
> countries of Africa combined.
> 
> Go stick your racism somewhere else.

Exceptions abound within all non-white or non-male examples. This in no 
way affects the facts around institutionalized racism in this country.