INCOME, DEBT, SAVINGS, AND WEALTH INEQUALITY IN JEFFREY EPSTEIN'S AND RUSSIA'S AMERICA
The following nine charts illustrate the income, debt, savings, and wealth inequality in Jeffrey Epstein's and Russia's America.[3]
To summarize the same, the income, savings, home ownership, and wealth of the richest people in America have increased, while the income, savings, home ownership and wealth of the poverty and middle class have almost remained flat between 1963 and 2016.
The top 10% saw almost a doubling in income, whereas the bottom 90% did not.
The wealth of Caucasians (white people, or people who produce less melanin, likely due to ancient viruses and/or inbreeding, per our previous genetic reporting on the inbreeding of the UK and EU royals) was significantly higher and increased faster than the wealth of nonwhites (Asians and Islanders by default), Latinos, and African Americans.
In America, this of course is in part explained by systemic historical racism and oppression against non-whites since the founding of America by the forged royal Habsburg crime family, accelerated during and after World War II under their royal loyal Freemason Presidents, and in the context that Britain's fake English royal, Edward VIII, conspired with Hitler to fall France, in order to bomb Britain into submission, and where Edward VIII was a Freemason, as were royal loyal FDR and Harry Truman, who likely conspired together to get America to join WWII, on false pretenses at Pearl Harbor (in his film The Untold History of the United States, filmmaker Oliver Stone has elucidated the evidence of the false flag operation at Pearl Harbor, and who was involved, and how the same was used to get the U.S. to funnel billions of dollars into the coffers of the global elite, a model that was so successful it has continued to this day, and which bipartisan Presidents JFK and Eisenhower each warned Americans about).
Many of our different articles provide the evidence supporting all of this.
But non-white people in America are a minority, and so most of the people (being) impoverished by the Republican Party and Trump (are)/were proportionately white -- who the Republican policies and Trump policies impoverished even further through to the current day -- while inciting them to overthrow the United States, also known as the deceived Republican base.
This included attacks on unions, so that wages would not increase, so that profits would increase instead. This included attacks on social security and medicare to pay for the tax cuts for billionaires, along with attacks on the safety net of Americans like food stamps, in order to engineer desperation, and then Trump and the Republican did and still are weaponizing that desperation they have engineered in order to manufacture the "critical mass" required to either be elected again or to overthrow the United States, as they call for civil war, and the destruction of U.S. law enforcement, primarily because of the efforts by the government to hold them accountable for decades of crimes dating back to at least Jeffrey Epstein's 2006-2008 prosecution.
If held accountable for their crimes, the failed billionaire experiment of Jeffrey Epstein, Trump, the GOP, royal loyal Freemasons, Prince Andrew, and/or others, as a matter of law, might have some of them executed by the death penalty and all of their assets seized, but because of the dark money bribery and RICO corruption scheme of "Cocaine" Mitch McConnell and Republicans' Citizen's United, the same is unlikely, and it is much more likely that qui pro quo RICO obstruction of justice is likely to follow, by the Republicans in Congress and/or offices around the country.
"As of 2021, White Americans are the racial majority, with non-Hispanic whites representing 59.3% of the population. Hispanic and Latino Americans are the largest ethnic minority, comprising 18.9% of the population, while Black Americans are the largest racial and the second largest ethnic minority, making up 12.6%.[6]".[4]
Our previous reporting determined that all humans have a shared common heritage and family out of Africa, and that European Caucasians were actually from India and the Fertile Crescent branch out of Northeastern Africa, and that mutations in their eyes, skin, and hair resulted in albinism (loss of some to all hair, eye, and skin pigment) in 1/1,000 to 1/20,000 births to black parents.
Many billionaires made obscene more billions after 2016 under Russia's and Jeffrey Epstein's illegitimate and kleptocrat administrations of Donald Trump and the Republican Party, as a result of tax cuts for the wealthiest, deregulation for the richest people's companies, and as a result of the COVID grift operated by the Trump family, which intentionally sought to infect as many people as possible per Trump's Paul Alexander, after the COVID bioweapon, financed by the Trump administration, per NIH records, was intentionally released per Trump's General Mike Flynn, the spokesperson for the pedophile militia of Qanon, born out of pedophile share and chat sites 4chan, 8chan, and 8kun, per some of our earlier articles.
Our previous reporting provides evidence supporting the same.
Interestingly, most of the million Americans murdered by this murder-for-profit criminal conspiracy of Jeffrey Epstein's and Russia's Donald Trump, the Trump family, the GOP, and GOP financiers -- were also white Christians -- based on statistical inference, and so they literally murdered and impoverished mostly their white Christian base for profit, exactly as child trafficker Putin has done and is doing to Russians and Ukrainians, in the context that child trafficker Putin "engineered" Russian agents -- Donald Trump, the Trump family, and the GOP -- into office to do the same in America, as enemies within for enemies without, in what many including former CIA Director John Brennan has specified was treason, which by law is punishable by death. CIA Director Michael Hayden, who also led the NSA, and was a four star general, and who worked for both Republican and Democratic administrations agreed that Trump should be put to death, and that the Republican Party is the most dangerous political force in the world.
Our previous reporting provides evidence supporting the same.
THE OLIGARCH ACT
According to attorney Bob Lord of the group Patriotic Millionaires, who seek fair taxation of the wealthiest in America, making them heroes also, "The United States is experiencing a level of wealth inequality not seen since the original Gilded Age. This yawning gap between rich and poor has unfolded right out in the open, in full public view and with the support of both political parties.
A malignant class of modern robber barons has amassed unthinkably large fortunes. These wealthy have catastrophically impacted our politics. They have weaponized their wealth to co-opt, corrupt, and choke off representative democracy. They have purchased members of Congress and justices of the Supreme Court. They have manipulated their newfound political power to amass ever-larger fortunes.
The result? We can sum that up with a word usually associated with nations like Russia: oligarchy. Unless Congress takes action, inequality — and the instability inequality invariably produces — will only intensify.
The Patriotic Millionaires have been sounding out the alarm, over recent years, on inequality and oligarchy. More than most, our members — all men and women of substantial means — understand just how much wealth can buy. Wealth can even turn tax systems toxic.
In well-functioning democracies, tax systems serve as a firewall against undue wealth accumulation. By that yardstick, our contemporary U.S. tax system has failed spectacularly. Those of us in Patriotic Millionaires have witnessed that failure first-hand. Our nation’s current tax practices allow and even encourage obscene fortunes to metastasize while saddling working people with all the costs of that metastasizing. Years of this approach to taxation have hollowed out our middle class and our democracy.
Congress can change all that. Enter the OLIGARCH — Oppose Limitless Inequality Growth and Reverse Community Harms — Act. The architects of this legislation, led by Representatives Barbara Lee (CA-12) and Summer Lee (PA-12), have crafted a visionary approach to combat the existential threat to democracy we all now face. The OLIGARCH Act offers a powerful mechanism that can break the vicious cycle of unchecked wealth accumulation we now find ourselves trapped inside. That mechanism: a wealth tax tied directly to our level of inequality.
Enacting the OLIGARCH Act would create a dynamic tax structure that quickly responds to changes in our distribution of national wealth. The OLIGARCH Act’s elegantly straightforward solution builds upon a set of tax rates that escalate as a wealthy taxpayer’s wealth escalates:
- A 2 percent annual tax on wealth between 1,000 and 10,000 times the median household wealth.
- A 4 percent tax on wealth between 10,000 and 100,000 times the median household wealth.
- A 6 percent tax on wealth between 100,000 and 1,000,000 times the median household wealth.
- An 8 percent tax on wealth exceeding 1,000,000 times the median household wealth.
As inequality swells, in other words, the wealth tax would intensify, in the process acting as both a deterrent to wealth concentration and an antidote to it. As inequality recedes, our economic playing field would become more level. All of us would find ourselves better situated to flourish.
The OLIGARCH Act legislation also recognizes our fundamental need to counter tax evasion among the wealthiest households. By mandating a minimum 30 percent audit rate on ultra-rich households and instituting penalties for significant valuation understatements, the OLIGARCH Act would fortify our nation’s capacity to shut down tax manipulation and evasion.
We’ve reached a tipping point in our nation today. Extreme wealth is begetting extreme power, in turn begetting even more extreme wealth. The resulting stranglehold our richest hold over our democratic institutions has led to a government that caters to billionaires while working citizens struggle to make their voices heard. This imbalance doesn’t just weaken the integrity of our democracy. This imbalance emboldens extremist ideologies that thrive whenever masses of people become politically disillusioned.
We face a stark choice. Will we allow a handful of individuals to wield their wealth like a weapon against our nation’s bedrock principles? Or will we rise to the occasion, defend our democracy, and reaffirm our commitment to a society that offers real opportunity and disperses power — instead of letting that power concentrate among a fabulously wealthy few?
Those of us working with Patriotic Millionaires see the OLIGARCH Act as more than just a piece of legislation. We see it as a statement of purpose, a declaration that the American people will not stand idly by and watch the principles we hold dear erode away. We see the OLIGARCH Act as a call to action that asks each and every one of us to join the chorus demanding change. By urging our congressional representatives to co-sponsor and pass this transformative legislation, we pave the way for a future where democratic capitalism thrives, inequality recedes, and the American way of life endures.
Safeguarding our democracy, today more than ever, requires us to address the catastrophic — and rapidly growing — inequality that’s empowering a new aristocratic ruling class. To do anything less than challenge that class would leave our democratic institutions to the whims of America’s oligarchs. The stakes run that high."
SOURCES AND ATTRIBUTES
[1] https://unsplash.com/@venczakjanos
[2] https://inequality.org/great-divide/tax-the-rich-legislation/
[3] https://apps.urban.org/features/wealth-inequality-charts/
[4] https://en.wikipedia.org/wiki/Race_and_ethnicity_in_the_United_States
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