Oligarchy in the USA
In These Times
by Jeffrey A. Winters
'
02/27/12
In 2005, Citigroup offered its high net-worth clients in the United States a concise statement of the threats they and their money faced. The report told them they were the leaders of a 'plutonomy,' an economy driven by the spending of its ultra-rich citizens. 'At the heart of plutonomy is income inequality,' which is made possible by 'capitalist-friendly governments and tax regimes.' The danger, according to Citigroup?s analysts, is that 'personal taxation rates could rise, dividends, capital gains, and inheritance taxes would hurt the plutonomy...
http://www.inthesetimes.com/article/12698/oligarchy_in_the_u.s.a
Informant: Thomas L. Knapp
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=oligarch
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=capitalis
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Citigroup
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=inequality
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=wealthy
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Jeffrey+A.+Winters
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by Jeffrey A. Winters
'
02/27/12
In 2005, Citigroup offered its high net-worth clients in the United States a concise statement of the threats they and their money faced. The report told them they were the leaders of a 'plutonomy,' an economy driven by the spending of its ultra-rich citizens. 'At the heart of plutonomy is income inequality,' which is made possible by 'capitalist-friendly governments and tax regimes.' The danger, according to Citigroup?s analysts, is that 'personal taxation rates could rise, dividends, capital gains, and inheritance taxes would hurt the plutonomy...
http://www.inthesetimes.com/article/12698/oligarchy_in_the_u.s.a
Informant: Thomas L. Knapp
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=oligarch
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=capitalis
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Citigroup
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=inequality
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=wealthy
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Jeffrey+A.+Winters
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Starmail - 28. Feb, 09:08
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