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Taxes on the Wealthy

Trump Just Exploded the Only Reason the Republican Party Exists: Cutting Taxes for the Wealthy

Paul Abrams | Posted 05.08.2016 | Politics
Paul Abrams

By stating that he would raise taxes on the wealthy, indeed that they "should" be paying higher taxes, Trump has eliminated the only reason the Republican party even exists.

Raising Taxes On The Rich Would Reduce Income Inequality: Larry Summers

The Huffington Post | Jillian Berman | Posted 02.17.2014 | Business

Raising taxes on the rich would "play a major role" in reducing income inequality, according to Larry Summers. Capping the earnings of the likes of...

In a Free-Market Economy 'Income Inequality' Will Always Be a Fact of Life

Howard Barbanel | Posted 04.08.2014 | Politics
Howard Barbanel

There has always been a top five percent and a top one percent in the U.S. In any free market capitalist society there are always going to be some folks who do exceedingly better than others.

Think Again: Republicans Ignore the Evidence About Higher Taxes on the Wealthy

Eric Alterman | Posted 04.30.2013 | Media
Eric Alterman

It has always been difficult to find a genuine economist, even a conservative economist, who would buy into the theory that reducing taxes on the wealthy actually increases revenue. Because it is merely a theory, though, it was difficult to disprove -- until now.

These Convenient Machines

Rek LeCounte | Posted 02.11.2013 | Politics
Rek LeCounte

How massively unsustainable must our system of taxes and borrowing get before we decide to rethink our asphyxiating choices? What happens when the next shock comes and the few key pillars of wealth cannot hold?

Bloomberg Flip-Flops, Says Raising Taxes On Rich Is 'Dumb'

Posted 10.09.2012 | New York

New York City Mayor Michael Bloomberg thinks higher taxes for those New Yorkers making over $500,000 a year-- as proposed last week by Public Advocate...

PaulitiFact's Top 10 Lies of 2011

Paul Abrams | Posted 02.22.2012 | Politics
Paul Abrams

Just as we at PaulitiFact believed we had our list all set and agreed by everyone, new lies continued to spew forth faster than stink on you-know-what. Like Congress, we have had to delay our departure for the holidays because we were knee-deep in that stuff.

Beyond the Occupation

Daniel Squadron | Posted 12.06.2011 | New York
Daniel Squadron

There is no question that the protesters have tapped a vein of frustration felt by Americans of all political persuasions. While the energy driving these protests in cities across the country may be new, the issues are not.

POLL: To Save Education, Voters Support Raising Taxes On Wealthy

2011-03-16-Screenshot20110316at9.39.25AM.jpeg | Chase Davis | Posted 06.28.2011 | Los Angeles

Story comes courtesy of California Watch. By Chase Davis Fear of teacher layoffs and other cuts to public schools is leading a majority of Cali...

David Feherty's Triple Bogie

Stu Kreisman | Posted 05.25.2011 | Media
Stu Kreisman

Feherty insulted every person who puts on a uniform to fight for the US. He cast them all as hate mongers willing to assassinate members of the government that he doesn't care for.

Mandate Watch: Obama Backs Off Promise to Pass Windfall Profits Tax on Big Oil

David Sirota | Posted 05.25.2011 | Politics
David Sirota

If oil prices are down and oil industry profits are truly down, what's the harm in passing a windfall profits tax?