Seven Good Reasons for a More Just Tax Policy (tags)
In the US, the top tax rate was over 70% from 1938 to 1982. Reagan cut the top rate to 35% and changed taxation from corporate to individual leading to exploding inequality and generalized insecurity. Taxation, investment, labor market, trade and distribution policies must change.
Labor Needs to Recalibrate and Fight (tags)
While the U.S. media has been obsessed with the in-fighting between Democrats and Republicans, as well as the recent government shutdown and the global/domestic ramifications of a possible government default, little attention has been paid to a looming disaster confronting working people: Obama is again threatening to cut “entitlement” programs, meaning Social Security and Medicare.
Inequalities, Taxes, and More Inequalities (tags)
Thanks to Occupy, most working people are well aware of the growing inequalities in wealth. But for those who lack the specifics, former Secretary of Labor Robert Reich provides a useful overview: “…the rich have been getting a larger and larger portion of total income. From 9 percent in 1980, the top 1 percent’s take increased to 23.5 percent by 2007. CEOs who in the 1970s took home 40 times the compensation of average workers now rake in 350 times.” (“Confessions of a Class Warrior,” August 22, 2010).
BTL:New Report Finds Super Rich Around the World have Avoided Paying Taxes on More Than $2 (tags)
Interview with James S. Henry, lead researcher for Tax Justice Network report, "The Price of Offshore Revisited", conducted by Scott Harris
do you support raising Collage tuitions Mike Tully (tags)
do you support raising Collage tuitions Mike Tully
The Way Forward for the Movement in Defense of Public Education (tags)
On March 4, students, staff, teachers, faculty and their unions on all levels of public education created history by uniting and pouring out onto the streets to engage in what were overwhelmingly peaceful demonstrations to defend public education. The movement swept through small towns and large cities with demonstrators, including young elementary school students, carrying picket signs while yelling chants expressing their determination to fight back
A Cure for an Ailing Economy: Taxing the Rich (tags)
Healthcare isn’t the only social ill in the U.S. that needs a serious remedy. The list is long and growing: state budget crises, unemployment, infrastructure, education, housing, food assistance, etc. These are all things that must be paid for, but the money seems to be in short supply. When a country is in as much debt as the U.S., – $12 trillion and counting — the tasks at hand seem all but unachievable. And this is exactly what many politicians would like you to believe.
Alexander: Schwarzenegger’s Tax Proposal Unfairly Targets Working People (tags)
Stewart Alexander says the “governor’s tax proposal continues to demonstrate that the governor lacks the ability to lead the State of California.” While running as a candidate for California lieutenant governor in 2006, Alexander repeatedly criticized Schwarzenegger on California budget issues. Alexander says, “California’s economy has experienced major set-backs under Schwarzenegger’s leadership.”