Want to know what the outrage is about? Look no further than this: Fifty percent of U.S. workers earned less than $26,364 last year, and those earning less than $200,000 per year – roughly 99 percent of Americans – saw their earnings fall a collective $4.5 billion. There were fewer jobs, and overall pay was […]
An op-ed that Eric Cantor wrote for yesterday’s Washington Post is very interesting, to say the least: But the politics of division have reared up, fueled by efforts to incite class warfare. For example, though he often talks about millionaires, billionaires and corporate jet owners paying their “fair share,” behind closed doors the president admits […]
Today’s New York Times: Just when freshman House Republicans have finally learned their way to the Cannon Caucus Room, how to vote on a motion to proceed and which commissary serves the best tuna sandwiches, someone back home — worse, someone from their own party — wants to take it all away. “I am taking […]
Apparently not the Republicans. Check out Eric Cantor admitting that extending the Bush tax cuts will increase the deficit: Transcript (via Think Progress): GUTHRIE: [W]ill you just as simply acknowledge that passing these tax cuts worsens the budget deficit problem? I mean, you can’t deny that, right? CANTOR: Savannah, let’s look at it through the […]
Or as I will now refer to it as – the Boehner tax: Section 500B – New 10% tax on indoor tanning! Note, this REPLACES the “botax” on elective cosmetic surgery contained in the underlying bill. This is actually a way of sticking it to the working class once again. Tanning beds get most of […]
That has been the mantra of the Bush administration and Republicans for year, and it was even included in the TARP: Congress wanted to guarantee that the $700 billion financial bailout would limit the eye-popping pay of Wall Street executives, so lawmakers included a mechanism for reviewing executive compensation and penalizing firms that break the […]