Taxation

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Raise the top rate back up to 70%: Wealth transfers to the top 1% are increasingly doing us in, as explained in Mike’s letter to the Albany Times Union on August 9, 2012.

Don’t Tax the Job Creators?: Explaining why this mantra, a variation of the trickle-down Reaganomics pitch – is truly nonsense.

The Tax Structure is Destructive: The top tax rate should be 70%, but it’s at 35%, and the rich (who pay 15% on capital gains income) want to lower it to 25%.  That simply destroys the economy and society.

Why We Must Raise Taxes on the Rich:  One of the top economists on this issue, Robert Reich confirms the urgent need to raise taxes on the rich.

A Progressive Income Tax System is Required for Stable Income Inequality:  The GW Bush Administration presided over a huge increase in income inequality, and real incomes went down for the bottom 99%.  The tax system perpetuates decline.

The Moment of Truth: Discussing the Orwellian report of the National Commission on Fiscal Responsibility and Reform.

The Flight of Corporations:  Corporations are increasingly avoiding tax liability to the United States government.

GE and Corporate Tax Fairness: Tracing the decline in corporate tax contributions.

GE pays Zero Taxes: New York Times on GE taxes.

A Ray of Hope: Video of the Ed Show interview of a fireman from Florida and a Policeman from Ohio leaving the Republican Party, feeling betrayed and lied to by the party.  They don’t believe taxes are equitable, and need to know more, but they know the middle class is targeted, and that’s a good sign.

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