The House will vote in a bit on a motion to “disagree with the Senate” on the payroll tax cut. Why is that? Because then House Republicans can spin and lie saying they didn’t vote against the tax cut. It’s one of the most cowardly moves by a leader playing whore to the extremists in […]
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 […]
Warren Buffett has a great op-ed in today’s Times, in which he says it is time for Washington to extend the “shared sacrifice” we hear so much about to the rich, including himself: OUR leaders have asked for “shared sacrifice.” But when they did the asking, they spared me. I checked with my mega-rich friends […]
Just check out the anger that is brewing over at townhalls: Of course my headline is totally misleading. Instead of Healthcare and Democratic Townhalls, it’s actually Republican Townhalls and the issue of taxes, but my headline might get the media to actually notice that the Republicans are getting heat at townhalls over taxes and Medicare. […]
The Economic Policy Institute has released a chart showing the average overall tax rates in 1979, 1992 and 2007. The picture isn’t pretty. While the tax rate for you, me and the other 99% of this country has remained pretty much the same over the years, the tax rate for the top 1% has seen […]
<p>I think this is one of the best ideas I have <a href=”http://rawstory.com/rs/2010/0629/conyers-throws-grayson-cosponsors-war-making-poor-act/”>ever heard out of Congress:</a></p> <blockquote> <p>It seems that Rep. John Conyers (D-MI) would agree, perpetual war is making you poor.</p> <p>To begin rectifying the situation, he’s joined with Congressman Alan Grayson (D-FL) in co-sponsoring the "War is Making You Poor Act," […]
The lowest tax levels since 1950? Amid complaints about high taxes and calls for a smaller government, Americans paid their lowest level of taxes last year since Harry Truman‘s presidency, a USA TODAY analysis of federal data found. Some conservative political movements such as the “Tea Party” have criticized federal spending as being out of […]
Yesterday morning Joe Scarborough was providing us with his infinite wisdom by declaring that Americans are mad because their taxes have gone up so much under Obama. Imagine how shocked I am to find out Scarborough is wrong about the tax issue: According to a recent CBS News/New York Times poll, the vast majority of […]
Rick Perry was one of the heroes of that whole “Tea Party” crap, speaking out against the stimulus and rejecting part of it. Now governor secession wants federal money to cover – well the stuff that would have been covered by the rejected stimulus funds: Now that the state is dire straits, however, Perry is […]