The rich have grown richer, but their tax rate has declined. The poor have grown poorer, but their taxes have increased. - Michael Parenti

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The rich have grown richer, but their tax rate has declined. The poor have grown poorer, but their taxes have increased.

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About Michael Parenti

Michael Parenti (born 30 September 1933) is an American political scientist, historian and media critic.

Also Known As

Alternative Names: Michael John Parenti
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Additional quotes by Michael Parenti

The Third World is not poor. You don't go to poor countries to make money. There are very few poor countries in this world. Most countries are rich! The Philippines are rich! Brazil is rich! Mexico is rich! Chile is rich! Only the people are poor. But there's billions to be made there, to be carved out, and to be taken. There's been billions for 400 years! The capitalist European and North American powers have carved out and taken the timber, the flax, the hemp, the cocoa, the rum, the tin, the copper, the iron, the rubber, the bauxite, the slaves, and the cheap labour. They have taken out of these countries. These countries are not underdeveloped, they're overexploited!

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