Tax Cuts for the Wealthy

Mitt Romney Is the Inequality Candidate

Brian J. Siebel | Posted 05.30.2012

Read More: Gender Equality, Mitt Romney Budget, Wealth Inequality, Corporations Are People, Tax Cuts for the Wealthy, Budget Cuts, Income Inequality, Mitt Romney 2012, Mitt Romney, Economic Inequality, Inequality, Marriage Equality, Politics News

On every front Mitt Romney and the Republican Party support policies that would exacerbate our inequality. Consider the following ten areas. Mitt Romney's policies would increase inequality in every case.

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May Day: From the Haymarket Massacre to the Occupy Movement

Lawrence Wittner | Posted 05.03.2012

Read More: Workers, May Day, May 1, Class Warfare, Tax Cuts for the Wealthy, Corporations, American Federation of Labor, Eight-Hour Day, Labor Unions, Unions, Occupy Movement, May Day Protests, Working Class, Occupy Wall Street Protests, Occupy Wall Street, May Day History, Culture News

Many people might be surprised to learn that the May Day celebrations that occurred around the world in 2012 were born more than a century ago out of a struggle by American workers for the eight-hour day.

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Shifting Tax Burden to Lower Classes Is Immoral

The Daily Iowan | Posted 05.08.2012

Read More: Iowa Taxes, Tax Cuts for the Wealthy, One Percent, Conservatives Taxes, Tax Cuts, Taxes Lower Class, Occupy, Tax Burden, Obama Taxes, Bush Tax Cuts, Sales Tax Increase, College News

Counter to the contention of conservatives, tax cuts do not prevent immoral cost shifting. If anything, tax cuts increase that risk.

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Santorum Plan Gives Wealthy Staggering Boost

AP | By STEPHEN OHLEMACHER | Posted 01.19.2012

Read More: Taxes, Santorum Taxes, Video, Santorum, Tax Cuts for the Wealthy, 2012 Election, Rick Santorum, Tax Cuts, Elections 2012, Rick Santorum 2012, Santorum Tax Plan, Politics News

WASHINGTON -- The tax plan by Republican presidential candidate Rick Santorum would cut taxes for most Americans while swelling the federal budget def...

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Jon Kyl Raises Prospect Of Tax Hostage-Taking Again

HuffingtonPost.com | Michael McAuliff | Posted 12.05.2011

Read More: Video, Tax Cuts for the Wealthy, Payroll Tax Holiday, Tax Cuts for Rich, Payroll Tax Cut, Tax Cuts, Jon Kyl, Payroll Tax, Bush Tax Cuts, Politics News

WASHINGTON -- Sen. Jon Kyl announced Monday what it will really take to extend a payroll tax holiday for the middle class: an extension of tax breaks ...

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Who Else Is Mad As Hell?

Rep. Charles Rangel | Posted 01.16.2012

What America stands for is now being threatened. Right now the Occupy protesters are leading the moral struggle on behalf of the 99 percent in our country.

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The Hypocritical Oath?

Eric Schoenberg | Posted 01.09.2012

Read More: Income Taxes, Tax Cuts for the Wealthy, Wealth Gap, Occupy Wall Street, Taxes, Millionaires Tax, Buffett Tax, Politics News

I feel no need to apologize for only paying what I owe in taxes -- I'm a human, not a saint. Why should I let rich conservatives free ride on my contributions? Are they willing to forgo the benefits of public goods like national defense?

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Most Americans Say Economy Favors 'Very Small Portion Of The Rich'

The Huffington Post | Jillian Berman | Posted 01.23.2012

Read More: Super Rich, Video, Economy Favors Rich, Tax Cuts for the Rich, Tax Cuts for the Wealthy, Income Inequality, NBC News, Occupy Wall Street, Business News, Wall Street Journal, Wealth Gap, Business News

Most Americans consider the country's economic structure out of whack. Sixty percent of Americans said they think the country's economic structure...

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Income Inequality Is the Achilles Heel in the GOP Strategy to Demonize Occupy Wall Street

Mitchell Bard | Posted 12.25.2011

Read More: Wealth Redistribution, Wealth Inequality, Corporate Profits, Tax Cuts for the Wealthy, Income Inequality, Occupy Wall Street, Financial Crisis, New York Times, Rick Perry, Bush Tax Cuts, Republicans, Politics News

Give Rick Perry credit for his honesty. He just articulated out loud what is the accepted dogma of the modern Tea Party-owned Republican party, completely dedicated to protecting the wealthy and corporations on the backs of the (rapidly shrinking) middle class.

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Conservative Group Changes Its Tune On Corporate Tax Holiday

Posted 12.04.2011

Read More: Google, Video, Heritage Foundation Repatriation Tax Holiday, Bus-Tax-Cuts, Apple, Tax Cuts for the Wealthy, Tax Cuts, Tax Holiday, Business News, Warren Buffett, Repatriation Tax Holiday, Buffett Rule, Business News

The Heritage Foundation, a conservative think tank, has changed its position on giving U.S. companies a tax break on overseas profits. The organiz...

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How to Fix the Foreclosure Crisis: A Real Bailout

Adam Levin | Posted 11.23.2011

Read More: Tax Cuts, Trickle-Down Economics, Foreclosure, Credit Card Debt, Corporate Tax Loopholes, Tax Cuts for the Wealthy, Bailout, Business News

It seems like the only thing that trickled down from the interventions of 2008-9 was further economic distress, which is now manifesting itself quite possibly as double-dip recession.

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The Forecast: Winter of Discontent, Chance of an American Spring

William S. Becker | Posted 11.20.2011

Read More: Income Gap, Congress, Arab Spring, Income Taxes, National Debt, Mayor Bloomberg, Tax Cuts for the Wealthy, Federal Budget Deficit, John Boehner, Corporate Taxes, London Riots, Youth Unemployment, Wealthy Americans, Barack Obama, Politics News

Several factors that triggered the Arab Spring are present in the United States today, including crony capitalism, political corruption, poverty and the unmet aspirations of the young.

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Gov. Rick Perry's Texas Tax System Heavily Burdens Poor Residents

HuffingtonPost.com | Laura Bassett | Posted 10.19.2011

Read More: Rick Perry Taxes, Rick Perry Texas, Tax Cuts for the Wealthy, Texas Taxes, Elections 2012, Income Redistribution, Wealth Gap, Rick Perry, Politics News

During his presidential campaign announcement speech last week, Texas Gov. Rick Perry lamented the "injustice" that nearly half of all Americans -- th...

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Why America's Rich Should (and Many Do) Support a Tax Increase

Robert K. Lifton | Posted 09.30.2011

Read More: Tax Cuts, Taxes, Tax Cuts for the Wealthy, Wealth Gap, Politics News

It is time for the rich to get off the sidelines and make clear to their representatives in government and to the media that the Tea Party and their converts are acting against their true interests.

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Grover Norquist: Ending Bush Tax Cuts Not A Tax Hike

HuffingtonPost.com | Elise Foley | Posted 09.20.2011

Read More: Deficit, Debt, Bush Tax Cuts for the Wealthy, Tom Coburn, Video, Debt Ceiling, Tax Cuts for the Wealthy, Debt Limit, Grover Norquist Taxes, Grover Norquist, Atr, Americans for Tax Reform, Bush Tax Cuts, Politics News

This article has been updated. WASHINGTON -- Ending the Bush-era tax cuts for the wealthy would not be a tax hike, according to Grover Norquist, th...

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How Have the Rich Co-Opted Populism?

Larry Hirsch | Posted 09.14.2011

Read More: Populism, Tax Cuts for the Wealthy, Tea Party, Budget, Politics News

Of all the incredible things being heard from Washington during this budget debate one that has stood out for me goes something like this. Quoted in t...

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1937, 2011: Déjà Vu All Over Again -- Stimulus Wanes, Unemployment Increases

Paul Abrams | Posted 09.18.2011

Read More: Infrastructure, Direct Hiring, Koch, Tax Cuts for the Wealthy, Pragmatism, Government Spending, Josef Stalin, Soviet Union, 1937, 2011, Stimulus, Scientific Economic Data, Ideology, Fdr, Politics News

One of the reasons the U.S. economy did so well in the last half of the 20th century is that we ignored ideology in favor of pragmatism. That is no longer true. Ideology has again become fashionable. And, we are paying for it, dearly.

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What's the Real Relationship Between Taxes and Jobs?

Paul Tullis | Posted 09.12.2011

Read More: Taxes, Jobs, Obama, Tax Cuts for the Wealthy, John Boehner, Budget Debate, Bush Tax Cuts, Business News

What's the effect of tax cuts for the rich on job creation? The Congressional Budget Office says little to none.

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The Rich Won't Speak For Themselves. So I'll Step Up.

Jesse Kornbluth | Posted 09.11.2011

Read More: Taxes, Greed, The Rocking Horse Winner, Tax Cuts for the Wealthy, Michael Milken, The Rich, Politics News

Do the top one percent of American taxpayers truly believe that the government should shut down if we increase their taxes by what amounts to a rounding error? They're conspicuously silent of late.

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Anti-Tax Pols Should Look to the Greeks

Robert Schwab | Posted 08.30.2011

Read More: Taxes, Demonstrations, Revolution, Deficits, Revenue, The Economy, Obama, Republicans, Democrats, Greece, Tax Cuts for the Wealthy, Budget Cuts, Social Programs, Bush Tax Cuts, Denver News

The congressmen who oppose raising taxes want to cut government spending to the bone, which means they want the burden of curing the deficit placed squarely on the backs of the middle class and the poor.

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Don't Default on the American Dream: Democrats Should Hold the Line in Debt Ceiling Talks

Ethan Rome | Posted 08.28.2011

Read More: Taxes, Tax Cuts for the Wealthy, Debt Ceiling, Budget Cuts, Oil Tax Breaks, Middle Class, Debt Limit, Medicaid, Medicare, Loopholes, Democrats, Republicans, Bush Tax Cuts, American Dream, Politics News

The President and Democratic Leaders obviously have a huge responsibility in the debt limit talks. But if there's ever been a time to drive a hard bargain, this is it. There's nothing irresponsible about staring down the Republicans and making them blink.

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Pawlenty's Reckless Tax Plan: 10 Years After the Bush Tax Cuts

Chuck Collins | Posted 08.10.2011

Read More: US Uncut, Business for Shared Prosperity, Tax Cuts for the Wealthy, Corporate Tax, Wealth for the Common Good, Tim Pawlenty, Citizens for Tax Justice, Patriot Millionaires, Bush Tax Cuts, Politics News

GOP candidate Tim Pawlenty observed the 10th anniversary of the Bush-era tax cuts by proposing $2 trillion in additional tax cuts, primarily for millionaires and global corporations. Have we learned nothing?

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Tax Breaks For Rich Exceed Value Of Budget Cuts

HuffingtonPost.com | William Alden | Posted 06.18.2011

Read More: Deficit, Mark Zandi, Tax Cuts for the Rich, Federal Budget Deficit, Tax Cuts for the Wealthy, Obama Fiscal Policy, Budget Cuts, Budget Negotiations, Economic Crisis, Business News, Obama Budget, Barack Obama, Bush Tax Cuts, Fiscal Policy, Business News

NEW YORK -- Today, as Americans submit their tax returns, the wealthiest earners will each reap hundreds of thousands of dollars in tax savings. As...

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New Republican Assault on Middle Class: Slash Medicaid, Hurt Seniors and Millions in Need

Ethan Rome | Posted 06.04.2011

In these tough times when we need shared sacrifice, smart government and job creation, the Republican plan to cut Medicaid accomplishes none of these things. It only makes matters worse.

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Familiar Recipe Cooking Once Again

Howard Steven Friedman | Posted 05.25.2011

We've tasted this recipe before. A crisis is created. Panic is fomented by politicians, pundits, media, business and others. "Something must be don...

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