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Capital Gains Tax Breaks Funnel $2T in Subsidies to the 1%

July 21, 2014
By
cartoon-republicans-economy

The tax code’s special treatment of investment income (Capital Gains) is why Mitt Romney made national news with the statement, “What’s the effective rate I’ve been paying? It’s probably closer to the 15 percent rate than anything.” during the 2012 presidential election. It meant he paid a lower effective tax rate than all middle-class Americans. That is the simple, albeit outrageous, reason for his (and the rest of the top 1%) low tax bills…Capital Gains tax treatment. And those Capital Gains breaks are being paid for with government deficits that are being blamed on the middle and low-income classes, which actually amount to an infinitesimal percentage compared to Capital Gains subsidies. This condition also explains why the GOP protects these subsidies…

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Thomas Jefferson: Typical Teabag Hypocrite

July 5, 2014
By
hypocrite

On July Fourth, the people of the United States celebrate the high-blown expressions on human rights that Thomas Jefferson penned in the Declaration of Independence – especially the noble phrase “all men are created equal.” But Jefferson really didn’t believe that or much else that…

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GOP Austerity Could Kill You…on the Highways

July 2, 2014
By
highway

The latest battle over taxes and GOP austerity is hitting the highway, and could kill anyone reading this article including you, your children, or your children’s children. As Democrats have been trying to reason with Congressional Republicans in general, and Tea Party zealots in particular,…

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Dorothy, the Austerity Tornado Took Your Red Heels. Kansas is Toast.

July 16, 2014
By
rethugs

Ultra-Red-State Kansas, the poster child for cutting taxes sharply in line with austerity recommendations of the American Legislative Exchange Council, or ALEC, has implemented its calls for deep tax cuts and limits…

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Trickle-Down Caused the River of Wealth to Flow Upstream

June 17, 2014
By
income-inequality-400x280

We are currently witnessing the most profound ‘Great Transfer’ of wealth from the middle and lower-class income earners to the top 1% in the history of the world. I wish…

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Conservatives Panic Over Piketty’s “Capital” Popularity

June 1, 2014
By
piketty

While most still solvent Americans were celebrating Memorial Day with Brats and Burgers, an elite cadre of economists was locked away in dens and private nooks, pouring over data sets…

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How Stupid is Walmart for Not Supporting a Minimum Wage Increase? Very.

May 28, 2014
By
walmart

In a word? Very. After all, the vast majority of shoppers at Walmart are, themselves, minimum wage earners, if not lower-spectrum middle class families. Nearly half of Walmart’s 1.4 million…

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The Painful Results of Trickle Down Gullibility

May 13, 2014
By
we the rich

At various pivotal points in history, the United States has had the good fortune to cobble together a reasonable action, despite many powerful, unreasonable factions opposing it; but the idea…

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Cliven Bundy: ♫♬Bullshit on the Range♫♬

April 26, 2014
By
newcole

The story of Cliven Bundy, a Nevada cattle rancher, had all the elements of typical perverted, hypocritical, political theater; making it inevitable that he would become a hero in the sanitarium that…

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Capitalism Will Not Survive a GOP Senate Take-Over

April 12, 2014
By
Capitalism Will Not Survive a GOP Senate Take-Over

Capitalism is not perfect and is vulnerable to both human nature and major flaws that have flourished since the Presidency of Ronald Reagan. In order for true Capitalism to function…

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A Postal Saving System: Saving the Post Office and Helping the Poor

March 24, 2014
By
gop-budget-resolution

A Postal Saving System. If the U.S. Postal Service began offering some limited banking services, it would a huge win for everyone. One of the saddest things about today’s GOP is…

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It’s the GOP Making the U.S. Look Weak Not Obama

March 13, 2014
By
putin

Contrary to what weak assed FOX bimbos would have you believe, if anybody is making the U.S. look weak, it’s the GOP, not President Obama. Consider what the rest of…

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Dismantling The Post Office and Americana: Corporatocracy

March 2, 2014
By
post office

How could anyone have imagined the complete takeover of Americans’ lives and livelihoods  by a small group of wealthy individuals and a Corporatocracy that transferred everything in the public good…

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The Extinction of the U.S. Middle Class via TPP

February 16, 2014
By
tpp

Of all the reasons to fear for the extinction of the American middle-class, The Trans-Pacific Partnership is the most foreboding menace since George W. Bush’s Crash of 2008 and the…

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Featured Contributers

Reflections on the American Dream

A casual observer who leafs through a generically written treatment of our national history 100 years from now in search of the extinct (or at…

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