The elusive American dream
"If you are born poor in America, we rank ninth or tenth in our citizens’ ability to climb up through that ladder and get themselves into the middle class."
Other research shows the opposite
Employees in "workplace freedom" states make more money
More work, less buying power
"Just about everyone everywhere is spending more hours on the job, less time with their families, bringing home smaller and smaller paychecks, while they're paying more and more at the gas pump and the grocery stores."
We're Number 9
"Ohio companies export more goods and services globally than 41 other states."
Double trouble: Low pay and don't get sick
"Three in four low-income workers don’t have any paid sick days available."
They don't all make $1.3 million - range is $352,000 and up
"Over the last few decades, the income of the top 1 percent grew by more than 275 percent -- to an average of $1.3 million a year."
Those who don't pay are mostly seniors or poor
"The top 1 percent (of income earners) paid 36.7 percent (of the taxes). ... The top 50 percent pay 97.7 percent."
Big bucks for corporate big shots
"The top 10 most well-paid CEOs in America received a combined $770 million in 2010, while the average American worker’s wage rose just 2 percent."
Sorting out dollar estimate requires higher degree
Every 1 percent increase in the number of Ohioans with bachelor’s degrees "means economic activity growing the next year and for each year thereafter (by) $2.5 billion dollars."
Does this count as coddling?
Says that Wall Street hedge fund managers "pay a lower tax rate than does a sheet metal worker in Parma or a school teacher in Cleveland."
50 years of slow growth
"Ohio currently ranks 50th out of all states in income growth."
© 2015 • All Rights Reserved • Tampa Bay Times
490 First Avenue South • St. Petersburg, FL 33701 • 727-893-8111
About PolitiFact | Contact Us | Advertise