This calling Democrats socialists all the time angers me?

At this point in the United States of America the Richest 1 percent of Americans control 95 percent of the wealth, and according to a recent study the richest 400 most of them do not give generously to charity or anything and they are CEO's who outsource are jobs for cheaper labor and step over their mother for more profits. Why is it on Fox News they have O'reilly and ewt Gingrich debating whether Obama is a socialist?? Socialism is where every single person makes exactly the same income, we have 95 percent of the wealth in the hands of the richest 1 percent, were nowhere at all near socialism. To me making the richest 1 percent have 80 percent would be an improvement and does not make you a socialst. I mainly favor not welfare or freebies but an expanded Earned income tax credit for lower income and lower middle cl families and a cl