Richest 20% take 82.7% of world’s income. Is that sustainable?
Especially when you look at a guy like Henry Kravis:
who, according to director Robert Greenwald, “is a billionaire, the 57th richest person in America. He acquired this wealth by purchasing public companies with borrowed money. To pay off the debt, he cuts benefits at the company, sells its assets, and lays off employees.
This get-rich-quick scheme made him $450 million last year. Meanwhile, his tax rate is lower than teachers, firemen, nurses, even his own cleaning staff!”
That kind of greed is not sustainable.
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