Showing posts with label Wall Street. Show all posts
Showing posts with label Wall Street. Show all posts

Wednesday, October 5, 2011

Occupy...

For weeks now, hundreds of thousands of people have been camped out in New York City in the "Occupy Wall Street" protest. While it has received little media attention, this protest began a huge campaign centered around the slogan "We are the 99%," demanding that high paid CEOs and politicians put aside their "corporate greed" and help Middle America.

The "Occupy Wall Street" protest has now turned into a movement, with similar protests starting up all across the United States. Angry middle class Americans who are fed up with high taxes and high unemployment are finally ready to take a stand.

But is the Occupy Together movement fair? Billionaire Warren Buffett, who allegedly has a lower tax rate than his secretary, is standing beside President Obama for his new jobs act. The complicated "Buffett Rule" would ensure that those with higher incomes pay more in taxes. Despite what seems like support for the working man, Buffett is still one of the "wealthy" being attacked by these protests.