Tax Rates For America’s Wealthiest Fell In 2010 Travis Waldron | News Report: Low capital gains rates have helped the wealthy pay lower and lower tax rates even as their incomes have skyrocketed. And while capital gains income makes up almost half
Why Is the Obama FCC Plotting a Massive Giveaway to Rupert Murdoch? Craig Aaron, Op-Ed: “We can still stop this terrible plan from moving forward. The other members of the FCC can dissent and send this thing back to the drawing board.
How Washington Insiders Bar Economic Reality From Political Debate — By Dean Baker, Truthout | News Analysis Washington policy debates are primarily about being admitted to the club of participants rather than about logic and evidence. Until the public understands this fact, there is
Robert Reich, who served under Presidents Ford and Carter and as President Clinton’s Secretary of Labor, talks about the Romney – Ryan economic plan and its five steps to disaster for America in the following video:
If the deficit disappears, our economic nightmare might finally come to an end. — By Salvatore Babones It’s January 25, 2001, the first week of the Bush presidency and more than half a year before the September 11 attacks. Federal Reserve Chairman Alan Greenspan
Mitt Romney claims on his campaign website: “Since President Obama assumed office three years ago, federal spending has accelerated at a pace without precedent in recent history.” The truth is, the President’s supposed “spending binge” is nothing but a myth, repeatedly debunked
BANKING When Bankers Rule the World David Korten, Op-Ed: “The tell-all defection of Greg Smith, a former Goldman Sachs executive, provided an insider’s view of the moral corruption of the Wall Street banks that control of much of America’s economy and politics. Smith
Congressman Paul Ryan has finally endorsed Mitt Romney as his preferred candidate for president. Yeah, like we didn’t expect that coming. Thus, it should be no surprise that both Romney and Ryan support the same key budget tenets — massive cuts to
Okay … I went back and pulled out my last summary of version 1.0 of the Ryan “Path to Prosperity” budget and added in the figures he’s proposing in his “version 2.0” of the Path to Prosperity. It’s startling. Before you start
Republicans can carp about Democrats rushing things through Congress, but Republicans are just as guilty if more more guilty of that tactic. This week, Republicans in Congress are set to vote (HCONRES112) to eliminate Medicare as you know it, and use the
