Economic Injustice

ALL ARTICLES, Economic Injustice, One Percenters, Trumpenstan June 17, 2019

Welcome To Trump’s Corrupt State – A Star Wars Cantina Of Republican Politics & Policy

The Corrupt State starts with Trump himself, giving new meaning to the old adage about a fish rotting from the head down. By Robert Reich The Guardian (6/15/19) Trump has been ramping up his “Deep State” rhetoric again. He’s back to blaming a cabal of bureaucrats, FBI and CIA agents, Democrats and “enemies of the people” in the mainstream media for conspiring to remove him from office, in order to allow the denizens of foreign “shitholes” to overrun America. But with each passing day it’s becoming clearer that the real threat to America isn’t Trump’s Deep State. It’s Trump’s own…

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ALL ARTICLES, Economic Injustice, One Percenters June 17, 2019

Crime Report: Analysis Shows Top 1% Gained $21 Trillion In Wealth Since 1989 While Bottom 50% Of Us Lost $900 Billion

“The top one percent owns nearly $30 trillion of assets while the bottom half owns less than nothing.” By Jake Johnson Common Dreams (6/14/19) Adding to the mountain of statistical evidence showing the severity of U.S. inequality, an analysis published Friday found that the top one percent of Americans gained $21 trillion in wealth since 1989 while the bottom 50 percent lost $900 billion. Matt Bruenig, founder of the left-wing think tank People’s Policy Project, broke down the Federal Reserve’s newly released “Distributive Financial Accounts” data series and found that, overall, “the top one percent owns nearly $30 trillion of assets while the bottom…

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ALL ARTICLES, Economic Injustice, One Percenters June 17, 2019

The Nepotism Might Finally Be Too Much To Ignore

The idea of American meritocracy was imperfect from the founding, but it’s never been as transparently laughable as it is today. By Dahlia Lithwick Slate (6/12/19) Even in these tortured times, it is worth devoting a small sliver of outrage to the fact that Jared Kushner—whose only qualification to senior-advise the president on policy is that he is married to the president’s daughter—seems to have taken, per the Guardian, $90 million in foreign funding since 2017 from an “opaque offshore vehicle.” This influx comes via a stake he kept in a real estate company after assuming his government post, and given that the cash has…

ALL ARTICLES, Democrats, Economic Injustice, Rethuglicans June 17, 2019

A Commoner Writes: Demands Of Big Money Politics Block Many Promising Candidates

  Mark Taylor’s commentary [The Price Of Money: Political & Moral Defeat 6/13/19] about the disparity of funding between Clinton and Trump during the 2016 election was well constructed and informative but does not diminish the corrupt influence that money has had on our electoral process, and our democracy as a whole. Greed, PAC’s, billionaire donors have poisoned our democratic principles, and will continue to do so unless our politicians have the courage (quite doubtful) to reconstruct the funding process for political office. Here’s another problem with our current funding system. Many potential, highly qualified candidates for office often lack the…

ALL ARTICLES, Democrats, Economic Injustice, History They Don't Want You To Know, M. Taylor Columns, One Percenters, Rethuglicans June 13, 2019

The Price Of Money: Political & Moral Defeat

“The Democrats have no power to change the system. Yet. So if they want to stay in the game and be competitive they’re going to have to match the Republican’s fundraising juggernaut, otherwise Trump will out-organize, out-advertise and flat out bury us in 2020.” — Facebook post (6/6/19) By Mark L. Taylor The Commoner Call (6/13/19) So let’s take a look at that siren call of money… Two figures to consider from the 2016 presidential race: $1.2 billion and $217.5 million. The first is the amount of money raised by Hillary Clinton. The second is the amount of money raised…

ALL ARTICLES, Economic Injustice, One Percenters, Screwing With Your Vote June 13, 2019

Rev. William Barber: A Moral Man In Immoral Times Fights For The Poor To Be Heard

Racist Gerrymandering Created A GOP Stronghold Across The Nation. We Must Fight Back Democracy Now! (6/10/19) Longtime civil rights leader Rev. Dr. William Barber joins us to respond to his conviction Thursday for trespassing during a 2017 protest against gerrymandering and attacks on healthcare at the North Carolina Legislature. Barber had refused to leave the General Assembly as ordered, after he organized a sit-in at the legislative building when Republican leaders refused to meet with him about concerns with voter ID requirements and redistricting plans that would weaken the power of the black vote. “The GOP extremists are afraid. They know they cannot win…

ALL ARTICLES, American Socialist Tradition, Economic Injustice, One Percenters June 13, 2019

‘Socialism for the rich’ — The Real Life Evils Of Bad Economics

“There’s been class warfare going on for the last 20 years and my class has won.” — Warren Buffet, billionaire investor By Jonothan Aldred The Guardian (6/6/19) In most rich countries, inequality is rising, and has been rising for some time. Many people believe this is a problem, but, equally, many think there’s not much we can do about it. After all, the argument goes, globalisation and new technology have created an economy in which those with highly valued skills or talents can earn huge rewards. Inequality inevitably rises. Attempting to reduce inequality via redistributive taxation is likely to fail because the…

ALL ARTICLES, Economic Injustice, History They Don't Want You To Know, Your Brain On Politics June 6, 2019

In Just 3 Minutes Robert Reich Explains What Oligarchy Means & Why It Describes Our Current Political System

The typical American has no influence at all. [Editor’s Note: The following is the script for the wonderful 3-minute video linked to below. Words are powerful and it is an act of power and liberation to use the correct word to describe economic and political realities. Pass this on. — Mark L. Taylor] By Robert Reich Robert Reich’s Blog (5/2/19) “Oligarchy” means government of and by a few at the top, who exercise power for their own benefit. It comes from the Greek word oligarkhes, meaning “few to rule or command.” Even a system that calls itself a democracy can become…

ALL ARTICLES, American Fascism, Deep State, Economic Injustice, One Percenters, Rethuglicans June 6, 2019

Law & Disorder: Why Corporatism Will Dominate US Policy For Decades To Come

Democracy in jeopardy By John Atcheson Common Dreams (5/26/19) Remember when Republicans ran on a law and order platform?  Well, nowadays, we’ve got a President – in fact an entire Party — at war with the idea of the rule of law in general, and any constraints on corporations in particular.  Democrats console themselves with the idea that this can all be righted in the next election.  Vote Trump out, retain the majority in the House, and win the Senate.  Problem solved. Except it isn’t.  McConnell and Trump are doing everything they can to hand over the Judiciary — lock, stock and…

ALL ARTICLES, American Fascism, Economic Injustice, History They Don't Want You To Know, One Percenters June 3, 2019

A Stunning Parallel To The Fall Of Rome: How Our Tottering Republic Could Die In The Age Of Trump

He is our nation’s Augustus Caesar, the killer of a republic and the herald of a corrupt and collapsing empire.   By Thom Hartmann Independent Media Institute (5/20/19) The American republic could die, just like Rome. Wavering for some time on the verge of becoming a complete oligarchy, America is on the verge of flipping from a democratic republic to a strongman or autocratic form of government, something that’s happened to dozens of democracies in the past few decades, but never before here. It’s possible we won’t recover from it. The death of a republic is different from the death…

ALL ARTICLES, American Socialist Tradition, Economic Injustice, FEATURE, Good News, Resist! May 30, 2019

‘Let’s Expand Employee Ownership’ — Bernie Sanders Backs Plan To Give Workers Power Over Corporate Decisions

  “Employee-owned companies will not provide starvation wages to workers and huge compensation packages to CEOs. They will not allow for unsafe working conditions.” By Jake Johnson Common Dreams (5/28/19) Decrying an economic status quo that “produces huge CEO bonuses while millions are paid starvation wages,” Sen. Bernie Sanders on Tuesday backed a pair of policies aimed at reducing soaring inequality by giving workers more power over corporate decision-making. According to the Washington Post‘s Jeff Stein—who first reported on Sanders’s plans—the Vermont senator is developing a proposal that would force large companies to “regularly contribute a portion of their stocks to a fund controlled…

ALL ARTICLES, Economic Injustice, FEATURE, History They Don't Want You To Know May 30, 2019

SUCKERED! Study Proves Trump Tax Cuts Led To Virtually No Wage Growth & More Proof They Were ‘Designed To Put A Big Windfall In Oligarch Pockets’

“It’s done nothing to raise wages and flown right into corporate execs’ pockets.” By Jake Johnson Common Dreams (5/29/19) Despite lofty promises from President Donald Trump and the Republican Party, the $1.5 trillion in tax cuts that went into effect last year have done little—if anything—to raise workers’ wages, boost economic growth, or spur business investment. That’s according to a new analysis by the nonpartisan Congressional Research Service (CRS), which appeared to vindicate warnings from progressive critics that the GOP tax cuts were little more than a scam designed to put more money in the pockets of wealthy Americans. In its 23-page report (pdf), the independent…

ALL ARTICLES, Economic Injustice May 23, 2019

Bipartisan Rip-Off: How Congressional Republicans & Democrats Joined Claws To Screw The Poor (Again)

After campaigning against the flagrant, unparalleled corruption of the Trump administration in 2018, the new House Democratic majority started 2019 by offering up a dose of milder, bipartisan corruption. It might be progress, but it isn’t pretty. By Zach Carter & Arthur Delaney The HuffPost (5/19/19) For most people, filing taxes is supposed to be free and easy. Instead, the vast majority of Americans pay a fee to a private tax preparer each year. We owe this annual ripoff to one of the most celebrated and misunderstood practices in American politics: bipartisanship. Despite all the talk about widening political divides, Congress…

ALL ARTICLES, American Fascism, Economic Injustice, History They Don't Want You To Know May 23, 2019

How Much Longer Will We Tolerate A Government By And For The Wealthy Few?

It is utterly farcical to call the United States government democratic. By Nathan Robinson The Guardian (5/20/19) The core democratic principle is that people should have a meaningful say in political decisions that affect their lives. In Alabama, we’ve just seen what the opposite of democracy looks like: 25 white male Republicans in the state senate were able to ban almost all abortion in the state. The consequences of that decision fall exclusively on women, who will be forced to carry all pregnancies to term if the law comes into effect. And, as has happened in other countries with abortion bans, poor women will…

ALL ARTICLES, Economic Injustice, FEATURE May 16, 2019

The Republican Tax Lie: While Reaping $21 Billion Windfall From Trump Tax Cuts, AT&T Hiked Executive Pay While Slashing 23,000 Jobs

Members of the Communications Workers of America demonstrate outside of an AT&T building. (Photo: Communications Workers of America) By Jake Johnson Common Dreams (5/14/19) AT&T promised to create thousands of new jobs as President Donald Trump’s tax legislation moved through Congress in 2017—but the telecom giant has done precisely the opposite since the bill became law, while raking in over $20 billion in extra profits. That’s according to an analysis published Monday by the Communications Workers of America (CWA), which found that AT&T has slashed 23,328 jobs since Congress passed Trump’s tax bill in 2017, including nearly 6,000 in the first quarter of 2019…

ALL ARTICLES, Economic Injustice May 13, 2019

Whiny Libtard Article Misses The Good News. SAD!

The important thing that this whiny article completely ignores is that American billionaires and corporations are enjoying the biggest tax cuts they have ever had amidst the highest profits they have ever scammed. Sure, kids have it tough in America, but damnit we have a tiny band of entitled super rich to support and engorge.  Downer libtard pity party articles like this take the giddiness away from all the good news about our oligarchy. Sad! Kids In America Are Missing School Because They Can’t Afford Soap, Toothpaste & Tampons By Liza Ramrayka The HuffPost (5/9/19) The locked metal cabinet doesn’t look…

ALL ARTICLES, American Fascism, Economic Injustice, History They Don't Want You To Know, War State America May 6, 2019

Chris Hedges: Coming Down To Corporate Totalitarianism’s Brutal End Game

  “I’m calling for the overthrow of the corporate state.” [Editor’s Note: This powerful, prescient talk by author Chris Hedges has been posted in the Commoner Call  before. What we have seen with the recent Barr hearing and suppression of the Mueller report is the gathering storm drawing near. Hedges’ assessment of the corporate state’s rush to totalitarianism is moving fast. His comments about resistance and hope are a lesson for all. — Mark L. Taylor] By Ed Mays Pirate TV (10/9/18) Pirate TV welcomes back Pulitzer Prize-winning journalist Chris Hedges for the 6th time. In his current book, America:…

ALL ARTICLES, Economic Injustice, One Percenters April 15, 2019

On This Tax Day Remember, While You Paid Your Taxes For The Common Good, These Mega Corporations Betrayed The Nation By Paying Nothing

Smile, Suckers, As The Rich Get Richer. By Kathryn Kranhold The Center for Public Integrity (4/11/19) Taxpayers are scrambling to make last-minute payments due to the Internal Revenue Service in just four days, but many of the country’s largest publicly-held corporations are doing better: They’ve reported they owe absolutely nothing on the billions of dollars in profits they earned last year. At least 60 companies reported that their 2018 federal tax rates amounted to effectively zero, or even less than zero, on income earned on U.S. operations, according to an analysis released today by the Washington, D.C.-based think tank, the Institute…

ALL ARTICLES, American Fascism, Economic Injustice, History They Don't Want You To Know April 15, 2019

Goliath: How Monopolies Came To Be

  BBC (4/9/19) Political economist, academic and journalist Will Hutton traces the history of monopolies and public attitudes towards them. Coming at the subject with an open mind full of strongly held beliefs — some of which are in opposition to each other — he considers the great ironies and tensions at the heart of the modern monopoly. The last 200 years have been dominated by two schools of thought on how the economy functions. One, originating from Adam Smith, focuses on competition. The other, conscious of how Smith’s brand of liberalism leads to rapid concentration of wealth, takes its…

ALL ARTICLES, American Socialist Tradition, Economic Injustice, FEATURE, History They Don't Want You To Know, One Percenters, Progressive History April 11, 2019

Wall Street LOVES Socialism … For Bankers – But Not For Ordinary Americans

JPMorgan CEO Jamie Dimon decries socialism. Unless of course it’s the banks wanting government bailouts! By Robert Reich The Guardian (4/8/19) In his annual letter to shareholders, distributed last week, JPMorgan Chase CEO Jamie Dimon took aim at socialism, warning it would be “a disaster for our country,” because it produces “stagnation, corruption and often worse.” Dimon should know. He was at the helm when JPMorgan received a $25bn socialist-like bailout in 2008, after it and other Wall Street banks almost tanked because of their reckless loans. Dimon subsequently agreed to pay the government $13bn to settle charges that the bank overstated the quality of mortgages…

ALL ARTICLES, Democrats, Economic Injustice, FEATURE, Health Care April 4, 2019

CHRONIC INFECTION! New DCCC Chair Rep. Cheri Bustos Is The Best Pal Of Insurance Big Money

How health insurance cash creates misinformation on Medicare For All. [Editor’ Note: For godsake, don’t waste a tarnished penny on the DCCC. Find and support positive progressive candidates and groups, especially those taking on infected corporate dems like Rep. Cheri Bustos or, closer to home, Rep. Ron Kind, and, of course anyone running against republicans. — Mark L. Taylor] By Wendell Potter Tarbell (3/15/19) Here’s a headline you can bet my former colleagues in the health insurance business were thrilled to see last week: “DCCC chief: Medicare for All price tag ‘a little scary.’” That headline topped the lead story…

ALL ARTICLES, Economic Injustice, One Percenters March 25, 2019

Anand Giridharadas: The College Bribery Scandal Is Just A Glimpse Of The Many Ways The Wealthy Rig Society To Their Benefit

When a scandal like this breaks, it’s really important for us to understand that we’ve gone from seeing 0 percent of a system to 0.003 percent of a system, right? There’s so much more here. This is a little biopsy of a world that we happen to get. Democracy Now! (3/15/19) As the fallout continues over the elite college admissions scandal that investigators nicknamed “Operation Varsity Blues,” we speak with journalist Anand Giridharadas, author of “Winners Take All: The Elite Charade of Changing the World.” His book examines how the so-called elite class of America have worked the system to…

ALL ARTICLES, Economic Injustice March 18, 2019

The Big Cheat: Brutal Lesson For Children Of Middle & Working Classes

  By Leo Gerard OurFuture.org (3/14/19) The children of working stiffs learned a brutal lesson this week as federal prosecutors criminally charged rich people with buying admission to elite universities for their less-than-stellar children. The lesson is that no matter how hard you work, no matter how smart or talented you are, a dumb, lazy rich kid is going to beat you. It’s crucial that everyone who is not a wealthy movie star, hedge fund executive, or corporate CEO – that is, 99 percent of all Americans – see this college admissions scandal for what it really is: a microcosm…

ALL ARTICLES, Economic Injustice March 18, 2019

Right At Home! The Ever Eternal Marie Antoinette Stages A Comeback On Capitol Hill

Antoinette toasts to Wilbur Ross at the House Oversight Committee hearing. “My fabulosity and philosophy are eternal!” By Marie Antoinette Inequality.org (3/14/19) She’s back — in all her out-of-touch glory. More than 225 years after losing her head to a guillotine, Marie Antoinette has made a grand re-entrance into the halls of power. With her reattached head holding up a frothy mound of white curls, she descended on Capitol Hill on March 14 to attend a House Oversight Committee hearing. The star witness: billionaire Commerce Secretary Wilbur Ross. Ross is just one of numerous Trump administration officials who’ve distinguished themselves with…

ALL ARTICLES, Economic Injustice March 14, 2019

‘There Is No Meritocracy’ — College Admissions Scandal Exposes Systemic Rot Benefiting Freeloading Wealthy Progressives Say

A wake-up call for people who have fallen for the lie the wealthy earned what they have stolen from working families. By Eoin Higgins Common Dreams (3/13/19) The most far-reaching college admissions plot ever prosecuted, revealed on Tuesday by federal investigators, provides a window into how wealth and power operate in American society, progressives say. The scheme involved getting the children of wealthy people into the colleges of their dreams, often by manipulating sports scholarships, disability allowances on tests, and by inflating resumes. Per Democracy Now!, “50 people were arrested, including 13 college coaches, for taking part in a scheme where wealthy parents…

ALL ARTICLES, CAFOS, Economic Injustice March 11, 2019

On The Death Of My Family’s Dairy Farm

The consolidation of dairy and the continual shrinking of profit margins have led to drastic changes to the industry over the years. By Abe Voelker abevolker.com (3/6/19) This Christmas, like every other, I traveled to northern Wisconsin to stay with my parents on the dairy farm I grew up on. As usual I took the opportunity to help my dad and younger brother with barn chores and milk cows. The cows need to be milked twice a day, every day, roughly around 4AM and 4PM. I didn’t help out every shift but I worked more than enough to once again be…

ALL ARTICLES, Economic Injustice March 7, 2019

Tired Of Winning, Yet? Trump’s Trade War Cost U.S. More Than $3 Billion A Month, Economists Report

Companies in America purchasing imported products pay the tariffs, and most if not all of those costs are typically passed onto U.S. consumers who buy the products.  By Mary Papenfuss HuffPost (3/4/19) President Donald Trump’s trade war cost American businesses and consumers  $3 billion a month last year in higher prices, according to a study by top economists. The U.S. “experienced substantial increases in the prices of … goods, dramatic changes to its supply-chain network, reductions in availability of imported varieties, and complete pass-through of the tariffs into domestic prices of imported goods,” noted the study issued Saturday by economists from the…

ALL ARTICLES, Democrats, Economic Injustice, FEATURE March 4, 2019

Make No Mistake, Corporate ‘Third Way’ Dems Like Rep. Ron Kind Could Get Trump Re-elected in 2020

The New ‘Democracy’ PAC and other dem corporate-backed groups want us to learn all the wrong lessons from 2016. By Joel Bleifuss In These Times (2/25/19) In 1992, Bill Clinton was elected president with the help of the Democratic Leadership Council (DLC), the powerhouse of centrist Democrats of which he had been president. The DLC shut down in 2011, but this creature of the Third Way did not slither into the sunset. Rather, it shed its skin and emerged in 2017 as New Democracy,a political action committee. New Democracy is coiled to strike in 2020. Its advisory board includes declared presidential candidate…

ALL ARTICLES, Economic Injustice, FEATURE, Good News, Resist! February 28, 2019

A Dark Humored Word (Or Two) — Our Nation Brought To You By Billionaires

    “The revolution will not be sponsored.” By Anand Giridharadas (12/17/18) Gratitude is my task tonight. I’m here to thank our sponsors. Not of this show. I’m here to thank America’s sponsors. Because what was supposed to be a republic by, for, and of the people is increasingly a nation brought to you by billionaires. And when billionaires are in charge of our schools, our politics, our arts, our news, and our public conversation, it’s important to keep them happy by thanking them for ruling us. Link to 7-Minute Video ***** Anand Giridharadas — A letter To All Who Have Lost…

ALL ARTICLES, Economic Injustice, Media Hits & Misses February 25, 2019

Interview Tucker Carlson Doesn’t Want You To See Shows ‘How Angry Elites Get’ When Their Corruption Is Called Out

Fox’s Tucker Carlson at his measured, reasoned, eloquent best. “You’re not part of the solution, Mr. Carlson, you’re part of the problem.” By Julia Conley Common Dreams (2/20/19) Weeks after footage of him slamming the rich at the World Economic Summit at Davos became one of the most watched online videos of the past year, Dutch historian Rutger Bregman joined Tucker Carlson for a discussion on the subject, only to have the right-wing Fox News host lose his cool in epic fashion when called out for being a “millionaire who works for billionaires,” yelled obscenities at his guest, and pulled the plug…

ALL ARTICLES, Economic Injustice, Mike McCabe for Gov, One Percenters February 21, 2019

Mike McCabe: A Curtain Rarely Pulled Back On The Number One Political Issue Nobody Wants To Ask Politicians About

  It’s time to ask the question. By Mike McCabe Blue Jean Nation (2/13/19) While running for governor, I took part in close to 50 candidate forums leading up to Wisconsin’s August 2018 primary election. Some were sponsored by interest groups, others by the media or a party organization. Some focused on a single issue. Education. Economic development. Environmental protection. Criminal justice. Agriculture. Racial equality. Transportation. Energy policy. Other forums covered the waterfront, with questions on a variety of subjects. In all those forums combined, participating candidates were asked well over 200 questions.  Three were about money in politics. Never…

ALL ARTICLES, American Socialist Tradition, Economic Injustice, History They Don't Want You To Know February 18, 2019

Rutger Bregman : ‘Utopia for Realists’ And The Convincing Case For A Universal Basic Income

  Amazon Review After working all day at jobs we often dislike, we buy things we don’t need. Rutger Bregman, a Dutch historian, reminds us it needn’t be this way-and in some places it isn’t. Rutger Bregman’s TED Talk about universal basic income seemed impossibly radical when he delivered it in 2014. His April 2017 talk continues to make the provocative case, detailing the idea’s 500-year history and even its brief success in a forgotten trial in Manitoba in the 1970s. Nearly a million views later, guaranteed basic income is being seriously considered by leading economists and government leaders the…

ALL ARTICLES, Democrats, Economic Injustice, History They Don't Want You To Know, Rethuglicans February 18, 2019

Alexandria Ocasio-Cortez Exposes Cynical Lobbyist Tricks

  The Young Turks (2/14/19) There’s nothing these people won’t do to influence politicians. Cenk Uygur, host of The Young Turks, breaks it down. Read more here: https://www.motherjones.com/politics/… “On Wednesday morning, Rep. Alexandria Ocasio-Cortez (D-N.Y.) tweeted a picture of a line of people outside a House committee hearing on marijuana banking.* According to Ocasio-Cortez, the people in the photo are homeless and were paid by lobbyists to hold their places in line. The practice of lobbyists paying people to stand in line for committee meetings is, according to previous reporting, a longtime practice in Washington, DC. In 2009, CNN wrote…

ALL ARTICLES, American Fascism, American Socialist Tradition, Economic Injustice, FEATURE, History They Don't Want You To Know, One Percenters February 14, 2019

Trump & Republicans Provide Comfy Socialism For The Rich & Brutish Capitalism For The Rest Of Us

    By Robert Reich RoberReich.com (2/11/19) “America will never be a socialist country,” Donald Trump declared in his State of the Union address. Someone should alert Trump that America is now a hotbed of socialism. But it is socialism for the rich. Everyone else is treated to harsh capitalism. In the conservative mind, socialism means getting something for doing nothing. That pretty much describes the $21bn saved by the nation’s largest banks last year thanks to Trump’s tax cuts, some of which went into massive bonuses for bank executives. On the other hand, more than 4,000 lower-level bank employees got a…

ALL ARTICLES, Economic Injustice, FEATURE, Rethuglicans, Trumpenstan February 11, 2019

Cry Me A River: While The Top 1% Cash In, Trump Voters Lose It Over Dramatic Hike In Taxes

“People are going to be very, very happy. They’re going to get tremendous, tremendous tax cuts and tax relief and that’s what this country needs.” — Donald Trump (12/2/17) The Young Turks (2/5/19) “Multiple supporters of President Donald Trump over the past couple of weeks have taken to Twitter to air their grievances about the president’s signature tax cut plan. Even though the 2017 GOP tax cut is leading to spiking federal deficits thanks to its generous benefits to corporations, many middle-class Americans are winding up having to pay more because the bill eliminated multiple deductions used by middle-class families…

ALL ARTICLES, Democrats, Economic Injustice, History They Don't Want You To Know, Rethuglicans February 11, 2019

Alexandria Ocasio-Cortez Exposes The Corruption Of DC In 5 Incredible Minutes

  By Mark L. Taylor The Commoner Call (2/11/19) And to think some people — some democrats even — have been saying AOC needs to shut up, sit down and learn from the wise  ‘experienced’ hands in congress. I mean WTH, she’s only 29, what does she know about how congress works? Well, she knows exactly how congress works and nailed those ‘experienced’ hands exposing the rigged game congress has become. And she did it in only 5 minutes of congressional hearings. It’s the old farts in congress — too any of them democrats — who need to shut up,…

ALL ARTICLES, Economic Injustice, One Percenters February 11, 2019

Just 400 Individuals Now Own More Wealth Than Bottom 150 Million Americans

“Raising taxes on the wealthy isn’t just good policy. It’s also good politics.” By Jake Johnson Common Dreams (2/10/19) As survey data continues to show that raising taxes on the wealthy is extremely popular among the U.S. public, new research by inequality expert and University of California, Berkeley economist Gabriel Zucman found that the richest 0.00025 percent of the American population now owns more wealth than the 150 million adults in the bottom 60 percent. Zucman, who helped Sen. Elizabeth Warren (D-Mass.) develop her “Ultra-Millionaire Tax” proposal, observed in a working paper (pdf) that “U.S. wealth concentration seems to have returned to levels last seen…

ALL ARTICLES, Economic Injustice, One Percenters February 7, 2019

Robert Reich: Grotesque Imbalance Is Undermining American Democracy

Let’s Be Clear Who The Real Enemy Is “Over the last four decades, the median wage has barely budged. But the incomes of the richest 0.1% have soared by more than 300% and the incomes of the top 0.001% (the 2,300 richest Americans), by more than 600%. The net worth of the wealthiest 0.1% of Americans almost equals that of the bottom 90% combined.”   — Robert Reich “State Of Disunion: Democrats Must Not Give In To Trump’s Hateful Speech” (2/4/19)  

ALL ARTICLES, American Socialist Tradition, Economic Injustice, FEATURE, One Percenters, Resist! February 7, 2019

Not ‘Left-Wing Fantasy’ But ‘Mainstream & Really Popular’: Poll Shows Enormous Public Support For Higher Taxes On Rich

Billionaire breakdown ***** “Raising taxes on the wealthy isn’t just good policy. It’s also good politics.” By Jake Jonson Common Dreams (2/4/19) Likely 2020 contenders and progressive members of Congress have proposed a variety of plans in recent days to make the rich pay more in taxes and begin reversing soaring inequality—from a wealth tax to a 70 percent top marginal rate to a higher estate taxon the richest families—and a survey published on Monday found that such ideas are extremely popular among the American public. According to a new Politico/Morning Consult poll, 76 percent of registered voters believe that the wealthiest Americans should pay more…