This is real money, and you are the most important part of the show. Join our live conversation for the next half hour on twitter at aj rarely money, and facebook. Com aj real money. It is normal for americans this time of year to grumble about how much they pay to uncle sam. But this week the grumbling turned into shouting from one very rich man who complained that he pays far more than his fair share in taxes to the government. We have extremely controversial views on wealth, taxes and no, sir. In a Fortune Magazine symposium perkins said only tax payers should have the right to vote, and the rich deserve to get more votes than everyone else. You dont get the vote unless you pay tax, but i think it should be like a corporation, if you pay a Million Dollars in taxes you should get a million votes. Its hard to take perkins comments seriously unless youre trying to diagnose him for a mental illness. Still his remarks have intensified the growing and heated debate over americas wealth ga
Money. aj rarely money, and facebook. Com aj real money. It is normal for americans this time of year to grumble about how much they pay to uncle sam. But this week the grumbling turned into shouting from one very rich man who complained that he pays far more than his fair share in taxes to the government. We have extremely controversial views on wealth, taxes and no, sir. In a Fortune Magazine symposium perkins said only tax payers should have the right to vote, and the rich deserve to get more votes than everyone else. You dont get the vote unless you pay tax, but i think it should be like a corporation, if you pay a Million Dollars in taxes you should get a million votes. Its hard to take perkins comments seriously unless youre trying to diagnose him for a mental illness. Still his remarks have intensified the growing and heated debate over americas wealth gap, and this isnt the first time that perkins has poured gas on the fire. He wrote, quote, i would call attention to the parall
I am ali velshi. This show marks the beginning of Al Jazeera Americas yearlong conversation about americas middle class rebuilding the dream. Nine out of 10 americans identify themselves as already being in or aspiring to be in the middle class. And most americans agree that the middle class is in crisis, squeezed by years of job losses, rises costs and stagnant wages. Over the next hour, i will introduce you to people like yourselves, people with real world pressures in their daily lives, people like the sabino family of new york, the maddox family of oregon. I will speak to americas foremost experts that follow problems americans face. Robert reich, Teamsters Union James Hoffa Suzie hormann and robert schiller. We will identify why the middle class is crucial to a thriving economy. Who is in the middle class . The pressures they face and what it will take to keep the dream from slipping away from millions of americans. While 90 of americans aspire to be in the middle class, when you
Business leaders who were really fed up with washingtonp. Were going to hear from them. These are people who have lost money including one Business Owner down about a quarter of a Million Dollars since the shutdown. Were going to give them a chance to speak on our hour and we hope washington will listen. Im going to look at this. How can i be here and there at the same time . You figure that out. The guy by the computer went and showed us where the error actually was in the string of code on those health care things. Hes going to help us analyze the mess that is signing up for obama care. He found new problems and he will give us an update. Sue is out today. Happy to be joined by simon at the nyse. Hi, simon. Hello, tyler. Day 14 of the Government Shutdown and three days and counting until america maxes out its debt limit. Negotiations breaking down as you know over the weekend. President obama to meet congressional leaders now importantly, in two hours. Will a deal be done in time . E
Using tweets, it does not end well. Cant wait . Dont worry, Varney Company is about to begin. Headline of the day, Online Shopping, king. Bricks and Mortar Stores in retreat. Thats the take away from the fiveday Holiday Shopping weekend. While overall spending wag was down for the first time in seven years, half the people bought it online. The National Retail federation say sales accounted for 44 in total sales. And youd rather shop from your couch than in the stores, apparently. And another 131 Million People expected to shop online today. Socalled cyber monday. Theres the take away for the weekend. Overall sales down in seven years, online exploding. Now this, the white house says the healthcare. Gov website is fixed, or is it . And the president is playing up the front end of the website. Thats the front end, but the back end providing information for insurers far from ready for prime time. This from the wall street journal today. This weekend miracle defies other evidence such as