Why Tax Cuts for the Rich Solve Nothing by Joseph Stiglitz (tags)
In a country with so many problems – especially inequality – tax cuts for rich corporations will not solve any of them. This is a lesson for all countries contemplating corporate tax breaks – even those without the misfortune of being led by a callow, craven plutocrat.
After HUge Tax Cuts for the Rich, Kansas's Economy is Foundering (tags)
Things are also getting worse for the neediest people in the state. Brownback’s official response to the state’s poverty problem was a brief report that advocated fighting poverty by encouraging traditional family structures through eight-hour “pre-marital education” classes for couples
Struggle over Neoliberal Ideology (tags)
Tax cuts for the rich do not lead to economic growth or lower unemployment. Profits soar while wages have stagnated for 30 years. Lower taxes and lower wages mean lower demand and lower employment. FDR created 4 million jobs in 1934, built 650,000 public buildings and 1700 bridges.
Olbermann's Sacking Shifts US Media Further Right (tags)
corrupted corporate media
BTL:"Trickle-Down" Economics, Tax Cuts for the Rich Exacerbate Income Inequality (tags)
BETWEEN THE LINES - A four-time winner of the Connecticut Associated Press Broadcast Award for Best Feature in the non-commercial category, this syndicated, half-hour program provides a platform for individuals and spokespersons from progressive organizations generally ignored or marginalized by the mainstream media. Between the Lines covers a wide range of political, economic and social topics.
Obama Destroys Social Security (tags)
Democrat Obama, with the support of 138 Republicans and 139 Democrats in the House, for a vote of 277 to 148 on HR 4853, Roll Call 647, and a vote of 87 to 19 in the Senate, Roll Call vote 276, won passage of his tax cuts for the rich bill, destroying Social Security by cutting the payroll tax for Social Security by 2%, which will not be restored in 2012, an election year, when the cut is due to expire.
Obama Cutting Social Security Funds in Deal to Extend Tax Cuts (tags)
To provide political cover for this giveaway to the rich, the plan includes an extension of federal long-term unemployment benefits for 13 months and a one-year reduction in the Social Security payroll tax from 6.2 percent to 4.2 percent. While this would temporarily increase paychecks for tens of millions, it would also deprive Social Security of $120 billion in funding. The White House said this shortfall would be made up through general revenue sources, but these have not been specified. [And probably do not exist.]
Call In Days to Stop the Budget Cuts (tags)
Use the toll free numbers to reach your Representatives 1-800-818-6641 or 1-800-828-0498 No tax cuts for the rich! Tell your Representatives that all Housing Programs must be fully funded and that you oppose budget cuts to SSI, Foster Care, Food Stamps
The night Gore conceded the race in one of the graceful and honorable speeches I have ever heard, I was in a ballroom full of Republican Party flacks who booed and jeered through every word of it. One thing I acknowledge about the right is that they're much better haters than liberals are.