Posted on 06 November 2010. Tags: Barack Obama, Taxes, The Rich
The first act of surrender will be the opening up of the Treasury to the rich: President Barack Obama is open to considering the extension of all Bush-era tax cuts for a year or two, the White House confirmed Thursday, putting to a likely end any debate over whether to extend the breaks for […]
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Posted in General Interest
Posted on 02 November 2010. Tags: Bill Gates Senior, David Stockman, Elite, rich, Taxes, Washington State, Wealthy
Karl Marx? Nancy Pelosi? Bernie Sanders? Nope–Bill Gates Sr. Not that this it is surprising that rich people don’t want to pay taxes but it’s worth listening to Gates’ views on the fight over the attempt to put in place a tax on the richest people in Washington State. Last night, "60 Minutes" had […]
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Posted on 20 October 2010. Tags: Banks, CEO Pay, Greed, Robbery, Scams, Tax Havens, Taxes
The raid on our country’s treasury has been underway for 30 years (and more). The corporate leaders have successfully drained our common wealth, shifting money away from the community and, instead, diverting it into the hands of a few. And now the din is growing for another robbery of the people to the tune of […]
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Posted on 01 June 2010. Tags: David Patterson, Layoffs, New York, public employees, Taxes, Wall Street
Here we go, another example of a lack of courage: Days after a federal judge blocked his efforts to furlough half the state work force, Gov. David A. Paterson is drafting a plan that would lay off thousands of government workers at the beginning of next year, a move officials say is necessary to […]
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Posted on 13 April 2010. Tags: Citizens for Tax Justice, Corporate Greed, Health Care, Taxes
There is a whole lot of whining coming from the corporate sector about the great "burden" entailed in the health care bill just passed. Citizens for Tax Justice digs into the topic: A new analysis from CTJ shows that many of the companies protesting a tax-loophole-closing reform enacted in the new health care reform […]
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Posted on 18 February 2010. Tags: Defense, Deficits, Jobs, Taxes, Tobin Tax, Unemployment, Wall Street
I understand why many people do not expect much from most of the traditional media–particularly The New York Times. People don’t get the sense that the traditional media can get out of its own insular thinking to do hard, independent reporting about the facts. The newest drumbeat being pushed by the traditional media […]
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Posted on 11 February 2010. Tags: Corporate Power, Denmark, Financial Stability, Finland, Government, Greed, Health Care, Pensions, Sweden, Taxes
Among the most troubling retreats, in my view, in the public discourse has been the adoption of the false idea that deep government involvement in the economy is a bad thing. It’s a retreat that too many Democrats have taken part in. The problem is the FACTS say otherwise. And the known left-wing organ, The […]
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Posted on 03 February 2010. Tags: Deficits, Greed, Taxes, The Rich
We are still not being serious about asking people to pay their fair share: Taxes on high-income earners would rise by nearly $1 trillion over the next 10 years, under the budget plan put forward by President Barack Obama on Monday. The bulk of that increase comes as tax cuts enacted under President George […]
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Posted on 28 January 2010. Tags: Oregon, Taxes
Rather than talk about deficit-reduction by cutting services, Oregonians are brave: Two ballot measures that would raise taxes on businesses and higher-income residents in Oregon appeared headed for approval late Tuesday. The tax increases, which would raise about $727 million largely for public education and social services, were approved last year by the Legislature, […]
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Posted on 14 January 2010. Tags: Barack Obama, Bonuses, Greed, Haiti, Jamie Dimon, TARP, Taxes, Wall Street
The president is going to announce today a tax on the big banks and financial institutions: The tax on banks, insurance companies and brokerages with more than $50 billion in assets would start after June 30 and seek to collect $90 billion over 10 years, according to a senior administration official who briefed reporters […]
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Posted in General Interest