Skip to comments.Rangel wants wealth redistribution, says rich didn't sacrifice for war
Posted on 10/26/2011 9:39:39 AM PDT by jazusamo
Rep. Charlie Rangel (D-NY) on Wednesday called for the redistribution of America's riches and hammered the wealthy for benefitting from a war effort fought by the poor and middle class.
Citing statistics that show 1 percent of Americans now own 42 percent of the nation's wealth, the lawmaker representing Harlem said: "There is something wrong with that formula."
Rangel offered no specific remedy for adjusting those figures during his comments on the House floor, but argued further that the wealthiest one percent have the added benefit of not needing to get involved in military service.
"Why is it that we know, or that we can suspect, that in this war where we lost so many lives, that so many people have been wounded, that our brave men and women coming home will subject themselves with a lack of funds to deal with their physical or mental problems?" he asked. "Any yet we somehow know that that 1 percent was not involved in defending our great nation."
"We can almost know without any investigation that the wealthiest of Americans never found themselves protecting our flag," he added.
Rangel said the economy would be helped by getting more money in the hands of the other 99 percent. "If we have the other 99 percent of the people who are not wealthy, and if it was possible for them to get a fair shake and have more expendable income, you wouldn't have to put out ads for them to buy," he said.
Rep. Chris Murphy (D-Conn.) spoke after Rangel and argued and the U.S. as a nation is not broke, even though the federal government is broke. the U.S. is effectively keeping the federal government broke by not taxing the wealthy, he said.
"Despite what you hear on TV, despite what you hear on Fox News today, taxes as a percentage of GDP today are at a 60 year low," Murphy said.
Murphy said taxing the top 1 percent more is a needed step because the income of the other 99 percent has remained mostly flat over the past several years, while the income of the top tier has increased sharply.
Unreal. I truly dislike this bunch. Charlie lets start with you! You put up a fight when you had to pay the IRS.
My Dentist runs a huge dental clinic that offers every kind of dental work imaginable. He’s a very wealthy man. He also goes to Iraq/Afghanistan every year for 3 months and offers his services to the soldiers. So up yours Charlie.
I think we need to call him “Charlie Censure” from now on.
The largest group of people that are trying to stop people from becoming rich, in this country, are liberal democrats. It sure as hell isn’t those already “rich”. I don’t see the mountain of evidence for that. I see the mountain of evidence against liberal democrats however, of doing just that.
While Charles Rangel lived across the street in luxury Harlem digs, his tenants coped with collapsing ceilings, sinking floors and roaches.
In just one apartment in the six-unit building on West 132nd Street, city inspectors found nine violations in 2003. Rangel and his wife, Alma — the landlords — were ordered to repair the wood floor in the entire apartment, plaster, paint, fix broken bathroom tiles and faulty window frames, and get rid of roaches and mice.
The city also found that the Rangels failed to file the building's annual occupancy statement five times between 1982 and 1996.
I’m still trying to figure out how a person who has never worked in the private sector made so much money.
Lotta chutzpah coming from a tax cheat whose salary is paid for by the U.S. taxpayer.
I see the English language is not one of his strong suits either.
I believe we all know how he made much of his money, and it wasn’t legal. Then when he got caught red handed for tax fraud the IRS wouldn’t prosecute, if it would have been you or I we would have been in a federal courtroom.
If Rangel took 30 seconds to do a Google search before he opened his tax-evading mouth, he’d know he’s full of it.
Here’s an interesting article about CEOs and military service.
So...if they are getting ready to over regulate / deregulate or mandate eggs, lumber, coal, miners..etc, you name it....They can buy or sell shares/futures...knowing what's going to happen in advance.
“Rangel wants wealth redistribution”
LOL! So get crackin’ Rangel...what frauds these people are.
Charlie, how much of that Pay for Play have you Ratholed in some off shore account? Let’s start with you with an audit of your campaign treasury.
Let’s start with Charlie. Would he be willing to accept a salary that is mean/median/mode of his fellow country men?
Funny stuff coming from a tax cheat and a con-man.
He an his constituents need to go live in North Korea and then get back with us on how it’s going.
Sounds silly, but Bob Casey won himself a Pennsylvania Senate seat with a not dissimilar argument.
Boy, they don’t even bother to hide the Marxism any more.
What these ideological resentful jerks don’t acknowledge is that wealth is not something that just ‘exists’. Wealth is the result of effort, risk taking, and innovation. It’s not something that is there at baseline, to just be harvested and distributed. If you take away the incentive of those who create wealth, you will not have wealth. It’s that simple.
Further, Charlie, if you don’t have wealth as a nation, it doesn’t matter who you put on the battlefield. You can’t fight a war without weapon systems and money. Poor countries with big populations are not necessarily world powers. Further, compare the standard of living of poor in this country, with the average standard of living in much of the world. Even the poorest here in the US live relatively well, Charlie, because the cumulative wealth here is higher - thanks to a system that allows people to benefit from their own efforts.
Ok Charlie, which one of your beach houses are you willing to give up for the cause?
He means reparations when he and his ilk talk of wealth redistribution.
What most of these people (libs) aren’t getting is: taxes are not the only thing that redistributes the wealth. How about jobs? Jobs that the wealthy create. THEY pay the wages for the people they hire, NOT the government. So, I would say they ARE paying “their fair share”after all, yes? I wish THAT would get pointed out to the libs; also, NO ONE questions WHY they need to pay more in taxes. For what? So the “demons” can keep on spending OUR money on what THEY want, or giving it away to other countries?? THAT”S why the wealthy have to pay more??
“Rep. Chris Murphy (D-Conn.) spoke after Rangel and argued and the U.S. as a nation is not broke, even though the federal government is broke. the U.S. is effectively keeping the federal government broke by not taxing the wealthy, he said.”
Rep Murphy is welcome to move to Cuba. Before he does, how about APOLOGIZING to the slim percentage of Americans that pay the majority of our taxes? What rate is the correct rate Mr. Murphy? 60%? 70%? 95%? At what point should hardworking Americans simply acknowledge their status as slaves? Further, how incredibly insulting to suggest more ‘revenue’ is needed when so much of our tax dollars are pissed away.
I like Perry’s plan. I like parts of Cain’s plan. I sure as hell hate the notion that we need to further tax ANYONE, especially those who create jobs and invest in our economy!
Can these dems just come out of the political closet start flying their sicle and hammer flag as the party logo?
Another millionaire tax-cheat communist racist traitor... what’s not to hate?
AND, if you redistribute the wealth enough (give it all to the poor), then the poor become the rich. Then what? Redistribute again? And, as Poster #23 said, where would the incentive be to become wealthy and prosperous. These idiots are not thinking this thru - and they never will, as they are not logical.