Call it vote-buying if you want, but when a government effectively buys the votes of 80 or 90 percent of the population, I call that government of the people, by the people, for the people.
The debt ceiling gives the President enormous power. Instead of letting the Republicans dictate terms to him, he should dictate terms to the Republicans. Here’s how to do it.
Who won in the fiscal cliff deal? The lawyers, the doctors, the dentists, the middle managers, the advertising executives, the whole MBA crowd.
For a small business, a tax is a cost like any other. It’s important to keep costs down. But it’s even more important to keep costs lower than your competitors.
We can climb down the fiscal cliff in three steps: let the “temporary” Bush tax cuts for the rich expire on January 1, let military spending fall as the war in Afghanistan winds down, and wait for the economy to improve.
If only the three big forces of American politics would faithfully serve their constituents, the 2012 election could be about real choice. Instead we have Mitt Romney versus Barack Obama.
“Tax and spend.” Those three dirty words are now the key to economic recovery in America’s Realonomy.
By defunding the IRS Congress has virtually eliminated the audit threat for the wealthy, in effect handing dishonest individuals a massive tax cut.
Congress should stop playing politics with the payroll tax cut and make it permanent by extending Social Security taxes to everyone.
Posted in Inequality news Tagged Bush tax cuts, CEO pay, Deficits, inequality, Millionaires, progressive taxation, Social cohesion, tax avoidance, Tax cuts, tax fairness, Tax rates
All workers should pay Social Security taxes, including those with six, seven, and eight figure incomes.