TIL that in the New Deal, FDR called for a new tax program called the Revenue Act of 1935, which imposed an income tax of 79% on incomes over $5 million. This tax rate affected literally one person: John D. Rockefeller.

I'm of the opinion that poor people choose to be poor.

Oh, bless your heart.

http://en.wikipedia.org/wiki/Cycle_of_poverty

http://www.cracked.com/blog/the-5-stupidest-habits-you-develop-growing-up-poor/

http://www.cracked.com/blog/5-things-nobody-tells-you-about-being-poor/

http://www.cracked.com/blog/the-4-types-people-welfare-nobody-talks-about/

http://www.npr.org/2014/05/07/309734339/one-familys-story-shows-how-the-cycle-of-poverty-is-hard-to-break

http://www.globalgiving.org/projects/break-the-cycle-of-poverty-through-education/

http://www.healthpovertyaction.org/policy-and-resources/the-cycle-of-poverty-and-poor-health/

http://articles.latimes.com/2012/may/24/local/la-me-natalie-20120524

http://www.ideas42.org/publication/view/poverty-interrupted-combating-intergenerational-poverty-with-behavioral-economics/

https://www.youtube.com/watch?v=HKh6nLCBj24

How about living below your means?

http://colemanadvocates.org/wp-content/uploads/2010/05/FamiliesStruggleToStay.pdf

Problem is, many minimal survivable incomes in poverty-stricken areas are way above the minimum wage. Even in other less expensive places $7.25 an hour just doesn't cut it (I know that none of California, even the most backwards places, require something like $11 or $12 an hour to make a "survivable" wage). And the cycle of poverty prevents many families from getting higher education to improve their standing.

If more people spent time thinking of ways to help others and make money doing it, CAPITALISM, we all would be better off.

Of course, fuck those moochers, you did this completely on your own, right?

You didn't need help from your friends and family and didn't rely at all on public education? Only the best charter schools you paid tuition for doing hard labor every day, and totally not mooching off of your parents, of course.

You shanked every bitch who thought he could fuck with you and didn't need the police? You had your own personal army (not that it was really necessary because you were that badass) that you paid for with your own money which you personally earned!

You got your first job at age 4 paying $400,000,000 (not to mention stock options) a year to be the CEO of the richest company in the world, based on merit alone?

Yeah, fuck the poor! Go get a fucking job, you shitbags!

/r/todayilearned Thread Link - en.wikipedia.org