Las Vegas Sun

August 26, 2016

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Letter to the editor:

Wealthy benefit at the expense of others

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Let’s examine real class warfare by the Republican Party using numbers and statistics provided by the Internal Revenue Service and the CIA, which offers comparisons with other countries.

Eighty percent of people making $10 million or more don’t make their income from working wages or salaries.

The top 10 percent of the wealth holders own 81 percent of the stocks and mutual funds on Wall Street, so don’t believe that when the Dow Jones is up the economy is on the mend. Your trickle-down share is inflation at the pump and store through quantitative easing.

Income inequality finds the United States No. 93 in the world and more unequal than Iran, Russia, China, India, Egypt and all Western European countries except Switzerland. The ratio of CEO-to-worker salaries in the U.S. is 344:1. Europe has remained at 25:1.

The six Wal-Mart family members have more financial wealth than the bottom 40 percent of the U.S. population.

The 25 richest Americans’ financial wealth is nearly 60 percent of all the dollar currency in circulation in this country. These support Mitt Romney’s PAC funds.

Can you afford to vote Republican?

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