February 3, 2014

Robert Reich Says We Should Set A ‘Maximum Wage’ For Top Executives

The minimum wage has not kept pace with inflation, this is a fact that not even Republicans attempt to refute, at least not that I’ve seen. But do you know what has far outpaced inflation? Executive pay. According to a Facebook post by former labor secretary Robert Reich, when minimum wage was first enacted in 1935 it was “intended to represent society’s sense of minimally decent pay.” Reich says at that time “executives were paid about 20 to 30 times the average wage.” But we all know what has happened over the decades.

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January 20, 2014

Taxing The Rich: A Liberal Argument For A Progressive Tax System To Grow The Economy

Conservatives will play the “class warfare” card if you dare mention a tax increase on the rich. And if you talk about income inequality, well, this means you are simply envious, and you are trying to “punish success.” But for this conservative “logic” to be rational, wouldn’t we have to consider the current progressive tax system to also be unfair? — Well, as it turns out, that is exactly what many conservatives say about progressive taxation, but it doesn’t mean their assessment is sound.

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July 22, 2012

Mitt Romney Tax Return Scrutiny Calls Attention To Progressive Taxation

It’s quite possible the real reason Mitt Romney does not want to release more years of tax returns is that he knows it will only serve to put a sharper focus on progressive taxation in the United States. In fact he and his wife Ann have all but said that. They haven’t spelled out the specifics but they have said they won’t release more returns because it will result in more criticism.

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