September 2, 2012
Robert Wolf: Why do we need taxes to go up for the wealthy?
Robert Wolf, former President of UBS Investment Bank, was on Up with Chris Hayes this morning and said the following about taxes:
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August 7, 2012
Republican ideology of less taxes and small government is just selfish
So I’m just going to come out and say it: Republicans are selfish. How else to explain their policies? They advocate lower taxes, especially for millionaires, along with spending cuts that hurt people at the bottom of the economic ladder. And here’s how this works: Republicans have to tell themselves and the rest of us that it’s tough love and that they aren’t advocating these policies because they are mean, or greedy, or selfish. No, they will say everyone can achieve the American dream if they just stop taking free handouts, pull themselves up by their bootstraps, and make something of their life. OK, so add “disparaging” along with “selfish” as suitable words to describe the Republican Party and it’s policies. But I guess you have to believe they are genuine, because how could anybody live with themselves advocating such potentially destructive policies for the poor? Republicans have to believe that those who are harmed by their policies are deserving of that harm because they are freeloaders, and so the only way to solve this “problem” is to cut spending.
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August 3, 2012
Paul Krugman: Neither candidate is offering a realistic tax plan
Running for office, especially president, has become more about the sport of it, more about the person running, and less about the country. Because of this we get fiscally reckless tax policy from both sides of the isle that panders to an ignorant, self-absorbed public. It’s easy to call for tax cuts. It’s weak to call for tax cuts when you know taxes need to be raised. At least on some level President Obama recognizes this with his call to raise taxes on the top 2%. Mitt Romney however, is completely delusional on tax policy. The idea that you can severely cut taxes and make up for it by closing loopholes and growing the economy is ludicrous. It’s what you say to people when you are more concerned with winning a job and less concerned with serving the country.
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July 25, 2012
Lawrence O’Donnell: “Congressional Democrats are going to need courage” to go #OffTheCliff
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July 13, 2012
Beating back right-wing tax lies
We need to continue to beat back right-wing bullshit about raising taxes on the rich.
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July 12, 2012
Republicans Bank On Ignorance, Especially When It Comes To Taxes
President Obama revealed his tax plan on Monday. It looks a lot like the tax plan he supported as candidate in 2008 and in the first 3+ years of his presidency. Obama wants to extend the “Bush tax cuts” for the middle class while letting the tax cuts for those making over $250,000 expire at the end of this year. Republicans respond with their usual nonsense. They say we can’t raise taxes on the “job creators” in a bad economy. I call this the first deception by Republicans when it comes to taxes. They count on ignorance to advance their agenda. Republicans hope Americans believe that jobs are created by giving tax breaks to millionaires and billionaires. Nevermind that fact that the Bush tax cuts have been in place for over a decade and we have nothing to show for it.
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May 2, 2012
American CEOs enjoy 15% pay rise in second year of double-digit hikes
Boom time for America’s top bosses in 2011 contrasts with wider economy, where average wages have been little better than flat
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May 1, 2012
Stephen King Scribes Tirade Against Right-Wing Anti-Tax Idealogues
In a Daily Beast op-ed, author Stephen King blasts the anti-tax crowd that controls the Republican party. King believes it is the patriotic duty of the rich to contribute more and if inequality is not addressed the rich, and their bought politicians, may ultimately face an unpleasant backlash.
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April 24, 2012
Tax Cuts, Especially For The Rich, Have No Significant Impact On Economic Growth
I have some news for Republicans and other fellow Americans who believe tax cuts for the rich will help the economy. If you think the rich are “job creators” and that their wealth will trickle down to the rest of us then you took the bait and swallowed it whole. The rich, along with their bought politicians, have you hook, line, and sinker. How much more evidence do you need that tax cuts, especially tax cuts for the rich, do not have any significant impact on economic growth? I don’t care what prominent Republican politicians and right-wing pundits are saying, it is entirely possible they are wrong. It’s also entirely possible they might not have your interests in mind when it comes to tax policy.
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April 10, 2012
GOP Hell-Bent On Tax Favors For The Rich Financed By Cuts To The Poor
Republican lawmakers are locked into an ideology of trickle-down economics. They believe giving tax breaks to the rich will result in prosperity for everyone, or at least that’s what they tell the public. It’s sometimes hard to believe grown adults advocate such nonsense, but here we are, some 30+ years into a massive experiment of wealth redistribution to the top 1%. What do we have to show for it? The free-market advocates will say taxes are still too high, there are still too many government regulations, and if we cut both we will be on the road to prosperity. But whose prosperity? Does the rest of the country buy this nonsense? Apparently a large percentage of Americans do subscribe to this bombast. It’s the only way it’s lasted (even thrived) for so long.
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