And the Republicans rejoice. They have been working for this outcome for decades! Middle- and low-income Americans are facing far higher state and local taxes than the wealthy, according to a new report assessing tax data from all 50 states….
Tag: Rich
So I’m perusing through the news and I see this article about a Pew Research study on median wealth in the United States and how the Great Recession impacted household worth. It is a stunning indictment of our fiscal, social…
Yet, Republicans and the rich are trying to extend that gap even more by implementing laws that will take from the poor and middle class, and give to the rich.
They think Americans are poor because they’re too lazy. Findings released Thursday by Pew showed that most Republicans think rich people are largely responsible for their socioeconomic status. They also feel the same way about poor people. Fifty-seven percent of…
Republicans will not be happy hearing this papal message. Sarah Palin already wondered if his views were too liberal. What will they say now? Pontiff’s first major publication calls on global leaders to guarantee work, education and healthcare Pope Francis…
Although rich folks in America have been the only benefactors of a Republican policy called Trickle Down Economics – a policy earning them trillions in wealth since it was implemented – there are those who still believes that asking these…
Wow. The Dow is approaching 14000 for the first time since 2007. This, in spite of the fact that taxes on the top 1% went up for the first time in over a decade. Seems Republicans were wrong on this…
The Weekly Standard’s Bill Kristol was among the panelists on this week’s Fox News Sunday, where he again noted that a tax increase for the wealthy wouldn’t be the end of the world for Republicans — and that, honestly, many members of the…
After trashing 47% of Americans earlier this week by calling them “victims” and suggesting that these Americans are unwilling to care for themselves, another video featuring Mitt Romney is making its rounds on the internet. This video shows Mitt Romney,…
Apparently, Mitt Romney was telling the truth all along. Yes, he definitely cut taxes when he was governor of Massachusetts, but the people who enjoyed the benefits of the Romney Tax Cuts was Romney himself and his very rich friends….
My wife has given me permission to gloat a bit after I said this about Facebook, and Wal-Mart, by-the-by, yesterday on this very same blog. The reason? Wall Street had a nice day today, but the ‘book fell on its…
Big business has been in the news recently, and that’s not necessarily a good thing. JPMorganChase lost upwards of $3 billion dollars on hedge trades that should not be legal, but that the bank actively lobbied to protect. Hewlett-Packard is…