Nobel Prize-winning economist Paul Krugman made the case this morning that Americans are very open to raising taxes on the rich despite protestations from billionaires — and many Republicans — to the contrary. And his conclusions seem to be supported by numerous public opinion surveys conducted over the past two weeks. The New York Times…
t is true that Republican policies are why Americans are rapidly losing economic ground to the few wealthy elites, but the media is not only culpable, they are facilitating this country’s slide into oligarchy by perpetually campaigning for the rich and powerful.
The following is a summation of President Obama’s tax code proposals as well as a PDF fact sheet, both as provided by the White House.
Ronald Reagan has been dead for over nine years and it is time to kill his absurd notion that cutting taxes on the rich and corporations produces a balanced budget, create jobs and economic growth.
On Fox News Sunday, Bill Kristol floated a Fox News complete cave on taxing the rich, ‘It won’t kill the country if we raise taxes a little bit on millionaires.’
After President Obama gave his statement on the decrease in unemployment, he once again called for a tax increase on the wealthy.