Paul Ryan's Dark Roadmap for America - 0 views
-
There are big winners in Paul Ryan's "Roadmap" and you can guess who they are. He would cut taxes for the wealthy, completely eliminate the corporate income tax, and create a value added tax. According to the Tax Policy Center, his plan would raise taxes for the bottom 95 percent of American wage earners and cut taxes for the top five percent. The top 0.1 percent would see an average tax cut of $1.7 million - every year!
Since 2009, 88 Percent Of Income Growth Went To Corporate Profits, Just One Percent Wen... - 0 views
-
"Between the second quarter of 2009 and the fourth quarter of 2010, real national income in the U.S. increased by $528 billion. Pre-tax corporate profits by themselves had increased by $464 billion while aggregate real wages and salaries rose by only $7 billion or only .1%. Over this six quarter period, corporate profits captured 88% of the growth in real national income while aggregate wages and salaries accounted for only slightly more than 1% of the growth in real national income. …The absence of any positive share of national income growth due to wages and salaries received by American workers during the current economic recovery is historically unprecedented."
Bernie Sanders Flirted With 100% Marginal Tax on the Rich, Maximum Wage - Bloomberg Pol... - 0 views
-
“No. That's not 90 percent of your income, you know? That's the marginal.”
-
Sanders is described as wanting to “make it illegal to amass more wealth than a human family could use in a lifetime.” He would do that, the article said, with “a 100 percent tax on incomes above this level ($ one million per year)” and “would recycle this money for the public need.”
-
he still had the issue on his mind while serving in the House in 1992, entering into the Congressional Record a Los Angeles Times op-ed written by Sam Pizzigati, the author of The Maximum Wage. In that piece, Pizzigati details President Franklin Delano Roosevelt’s proposal for a “100% war supertax,”
- ...2 more annotations...
U.S. Unemployment | The G Perspective - 0 views
-
On Tuesday, the U.S. Bureau of Labor Statistics reported that the registered unemployment rate for 40 states is lower than it was a year ago. The District of Columbia and eight states had increases, while two states showed no change. The current national jobless rate of 9 percent is 0.7 percent lower than a year earlier.
How the GOP Became the Party of the Rich | Politics News | Rolling Stone - 0 views
Things That Make Me Angry | Thinkahol's Blog - 0 views
-
Wall Street Isn't Winning - It's Cheating The two-tiered justice system: an illustration 9/10/2001: Rumsfeld says $2.3 TRILLION Missing from Pentagon The due-process-free assassination of U.S. citizens is now reality The Quiet Coup "the finance industry has effectively captured our government" What OWS is about + data behind the movement Data privacy is now extinct in the U.S. "The problem that confronts us is that every living system in the biosphere is in decline and the rate of decline is accelerating. There isn't one peer-reviewed scientific article that's been published in the last 20 years that contradicts that statement. Living systems are coral reefs. They're our climatic stability, forest cover, the oceans themselves, aquifers, water, the conditions of the soil, biodiversity. They go on and on as they get more specific. But the fact is, there isn't one living system that is stable or is improving. And those living systems provide the basis for all life." The 1% are the very best destroyers of wealth the world has ever seen The prison industry in the United States: big business or a new form of slavery? How the GOP Became the Party of the Rich: The inside story of how the Republicans abandoned the poor and the middle class to pursue their relentless agenda of tax cuts for the wealthiest one percent
U.S. Special Forces Operating Secretly in 120 Countries - 0 views
-
Most Americans are aware that U.S. forces are involved in missions in Afghanistan, Iraq, and Libya. Those who pay closer attention to the news may know that American troops are also active in Pakistan, Yemen, and Somalia. But according to Nick Turse of TomDispatch.com, those six nations comprise only five percent of the total number of countries in which the Department of Defense is conducting operations. "A secret force within the U.S. military," says Turse, "is undertaking operations in a majority of the world's countries" - at a rate of 70 such operations per day.
Five Economic Reforms Millennials Should Be Fighting For | Politics News | Rolling Stone - 0 views
-
Some economists have proposed running a job guarantee through the non-profit sector, which would make it even easier to suit the job to the worker. Imagine a world where people could contribute the skills that inspire them – teaching, tutoring, urban farming, cleaning up the environment, painting murals – rather than telemarketing or whatever other stupid tasks bosses need done to supplement their millions. Sounds nice, doesn't it?
-
What if people didn't have to work to survive? Enter the jaw-droppingly simple idea of a universal basic income, in which the government would just add a sum sufficient for subsistence to everyone's bank account every month. A proposal along these lines has been gaining traction in Switzerland, and it's starting to get a lot of attention here, too.
-
A universal basic income would address this epidemic at the root and provide everyone, in the words of Duke professor Kathi Weeks, "time to cultivate new needs for pleasures, activities, senses, passions, affects, and socialities that exceed the options of working and saving, producing and accumulating."
- ...7 more annotations...
toledoblade.com -- - 0 views
-
He believes our economic system has lost its way after decades of perversion by greedy politicians in Washington and money-minded fatcats on Wall Street and in corporate America.
-
And as the great American dream slipped further from the middle class, more consumers relied on credit cards and loans to catch it, and a system based on people buying what they need became one in which people buy what they want but often cannot afford.
-
Perhaps the film's most powerful statement is Moore's claim that 1 percent of the richest Americans own 95 percent of our nation's wealth.
- ...3 more annotations...
Robert Reich (The Root of Economic Fragility and Political Anger) - 0 views
-
Missing from almost all discussion of America's dizzying rate of unemployment is the brute fact that hourly wages of people with jobs have been dropping, adjusted for inflation. Average weekly earnings rose a bit this spring only because the typical worker put in more hours, but June's decline in average hours pushed weekly paychecks down at an annualized rate of 4.5 percent.
Think Progress » Greenspan Calls For Full Expiration Of The Bush Tax Cuts Tha... - 0 views
-
With the legislative calendar starting to dwindle, lawmakers are paying more and more attention to the scheduled expiration of the Bush tax cuts at the end of the year. Republicans across the board are advocating for the extension of all the cuts, and have explicitly said that extending the cuts for the richest 2 percent of Americans (which would cost $678 billion) does not have to be paid for.
End Limited Liability (and Save the World) - Sign the Petition | Change.org - 0 views
-
Democrat or Republican, Libertarian or Socialist, politically active and not we are reaping the bitter reward of a political and legal system designed to maximize corporate profits at the expense of our environment, our livelihood, and our very lives. Our society is unraveling. We all know this. This is not idle conspiracy theory. These are well established facts. We are ruled by a headless beast that is no longer accountable to us. That it is headless makes it no less beastly. But there is a silver bullet. It's within our power to restore a functioning free market; to take back our democracy. We must end limited liability for corporations. Only when wealthy investors are no longer shielded from the costs that we collectively bear in their stead, only when they can no longer hide from the burden they have placed on us, only then can we expect the end of corporate plunder. We are running out of time. Millions of Germans lost faith in the free market and capitalism during the Great Depression, and "with the failure of the left to provide a viable alternative, they became vulnerable to the rhetoric of a party that, once it came to power, combined Keynesian pump-priming measures that brought unemployment down to 3 percent with a devastating counterrevolutionary social and cultural program."
‹ Previous
21 - 40 of 88
Next ›
Last »
Showing 20▼ items per page