[quote=Vod-Vil]The Democratic party runs California.If they really believe that Banks,Wall Street and Corporations don’t pay their fair share,WHY AREN’T THEY TRYING TO RAISE TAXES ON THE RICH?
Instead of going after tax loopholes for the bankers,they’re pushing for 5 more years of SALES TAX AND CAR TAX increases,which directly impact the working man.[/quote]
You are absolutely right…their first priority should be a reversal of the wealth extraction that has been going on for the past ~30 years. The pension funds ARE trying to sue certain financial institutions for losses, but we’ll have to see how successful they will be against firms that can out-lobby and legally out-gun them many times over.
BTW, if you go to any of the rallies, you’ll never see anyone saying that taxes on Joe Sixpack need to be raised. In every case I’ve ever seen, it is clearly Wall Street (and associates) who are held responsible, and from whom union workers demand reparations.