If you think that we need a reduction in taxes from the Bush-Cheney 2001 and 2003 tax cuts, you need to get the facts. You are being sold a bill of goods, a scam, a lie about taxes so that a few rich men who will benefit greatly want you to think that you will [...]
Entries Tagged as 'government deficits'
Why Tax Cuts for the Rich? Because They Think They Can.
December 15th, 2010 · Comments Off · Politics, taxes
Tags: government deficits·national debt·Neoncon obstruction·Social Security·tax cuts·tax legislation·taxes
Raise Taxes or Cut Entitlements–You Decide.
July 2nd, 2010 · 1 Comment · Capitalism, Economics, jobs, Politics, taxes
You should see one particular chart from the Congressional budget office. Here’s what it says: The lowest two quintiles (lowest 40%) of wage earners averaged $17,400 in 1979. The Top One percent of wage earners averaged $167,500 in 1979. By 2007, the 27th year of the Neoconservative Era, the bottom two quintiles made $20,500. That’s [...]
Tags: CEO pay·Corporatism·cuts in Medicare spending·cutting taxes·cutting the national debt·deficit spending·entitlements·government deficits·raising taxes·Social Security and Medicare·the national debt·the top 1% of income earners