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Category Archives: Tax cuts for the rich
Highest-Paid CEOs Often Earn More Than Company Pays In Income Taxes, Study Finds
REUTERS Twenty-five of the 100 highest paid U.S. CEOs earned more last year than their companies paid in federal income tax, a pay study said on Wednesday. It also found many of the companies spent more on lobbying than they … Continue reading
Vicious Cycles: Why Washington is About to Make the Jobs Crisis Worse
By Robert Reich We now live in parallel universes. One universe is the one in which most Americans live. In it, almost 15 million people are unemployed, wages are declining (adjusted for inflation), and home values are still falling. The … Continue reading
Posted in CAPITALISM, ECONOMY, EMPLOYMENT, GOVERNMENT, GREED, POLICY, Tax cuts for the rich
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Who Suffers Under The Gang of Six Deficit Reduction Scheme: Seniors, Students, Working families
Social Security benefits would be reduced, and there are also cuts to Medicare and Medicaid. Students and the disabled would lose some federal government support By George Zornick The Nation President Obama endorsed the Senate’s Gang of Six deficit reduction … Continue reading
Posted in CAPITALISM, ECONOMY, GOVERNMENT, GREED, POLICY, RESOURCES, Tax cuts for the rich
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Bill Maher: The Big American Lie
Posted in CAPITALISM, EVIL CORPORATIONS, GREED, POLICY, Tax cuts for the rich
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His Turn: Bill Clinton Is On His Knees and Blowing Wall Street …
Bill Clinton: Lower Corporate Tax Rate By Alexander Eichler HUFFINGTON POST As the deadline to strike a deal on the debt ceiling draws closer, former president Bill Clinton criticized the nation’s corporate tax rate over the weekend, saying it should … Continue reading
Posted in CAPITALISM, ECONOMY, EVIL CORPORATIONS, GOVERNMENT, GREED, POLICY, Tax cuts for the rich
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10 Countries With The Worst Income Inequality: OECD
HUFFINGTON POST Of all the effects of the economic crisis, perhaps one of the least visible, but most consequential has been the rising rate of income inequality around the world. A recent report, released by the Paris-based Organisation for Economic … Continue reading
Posted in CAPITALISM, GLOBALIZATION, GREED, POLICY, RESOURCES, Tax cuts for the rich
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Report: Middle Class Were Better Off In 1980
By Janell Ross HUFFINGTON POST American workers’ productivity has soared over the last 30 years, but that extra output hasn’t translating into higher earnings for the American middle class, according to a report released this week. A 40-year-old male high … Continue reading
Posted in CAPITALISM, DEMOCRACY, EVIL CORPORATIONS, GREED, POLICY, Tax cuts for the rich
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Big Oil: Ending Tax Breaks Would Be ‘Un-American’
REUTERS ASHINGTON (Timothy Gardner and Deborah Charles) – The world’s biggest oil companies on Wednesday launched broadsides against Democratic plans to pare back some of their cherished U.S. tax breaks, saying the measure was “un-American” and would only push up … Continue reading
Posted in CAPITALISM, ECONOMY, EVIL CORPORATIONS, GREED, POLICY, Tax cuts for the rich
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