Facts for the 99%:
1% of the population owns 43% of the wealth.
In 2009 ExonMobil profits were $37.5 billion. US taxes paid: $0. Refund to ExonMobil: $156 MILLION.
47 million people in the U.S. live without health care. Healthcare is a right not a privilege.
In 2009 Bank of America profits were $4.4 billion. US taxes paid: $0. Taxpayer/Fed bailout: $1 TRILLION.
In 2010 General Electric profits were $14 billion. US Taxes paid: $0.
In the 50’s, the top federal income tax bracket paid 91%! Now they pay only 36%, the same as most middle class U.S. citizens.
Tax Justice Means Tax Hikes for the 1%
The average 2010 student debt at college graduation is $25,250, a 5 percent increase from the year before. (Huffington Post, 11/3/11)
The U.S. military budget for 2011 was $830.9 billion. (Source: usgovernmentspending.com)
The U.S. education budget for 2011 was $148.6 billion. (Source: usgovernmentspending.com)