Mitt’s 13% Tax

mitt romney greed

Robert Reich: omney admits to an income of over $20 million a year for the last several decades. Which makes his 13 percent — or even 20 percent — violate the principle of equal sacrifice that lies at the core of our notion of tax fairness.

Erasing Dubya

bush romney

Robert Reich: While Bill Clinton stumps for Obama, Romney has gone out of his way not to mention the name of the president who came after Clinton and before Obama.

The Stall Has Arrived

black unemployment

Robert Reich: @idening inequality is the underlying culprit. As long as almost all the gains from economic growth continue to go to the top, the vast middle class doesn’t have the purchasing power to boost the economy on its own.

The Tinder-Box Society

poverty

Robert Reich: Most of the gains from the productivity revolution are going to the owners of capital, while typical workers are either unemployed or underemployed, or else getting wages and benefits whose real value continues to drop.

Thoughts on Tax Day 2012

mitt thurston howell iii romney

Robert Reich: I worry about the well-financed big lies that the very rich are the nation’s “job creators,” that the benefits from tax cuts on the rich “trickle down” to everyone else.

Mitt’s Low-Tax Killing

romney fever

Robert Reich: Now that Mitt Romney is the presumed Republican candidate, it’s fair to ask how he made so much money ($21 million in 2010 alone) and paid such a low tax rate (only 14.9 percent).

Beyond Outrage

obama purple lady

Robert Reich: I have never been as concerned as I am now about the future of our democracy, the corrupting effects of big money in our politics, the stridency and demagoguery of the regressive right, and the accumulation of wealth and power at the very top.

Turning America Into a Giant Casino

losing gambler

Robert Reich: In the most recent Mega Millions game – whose winning tickets were drawn last week and whose jackpot rose to $640 million – lottery ticket buyers shelled out some $1.5 billion, most of which went to state governments.

Whose Recovery?

obama boeing

Robert Reich: The reverse-Robin Hood budget plan just announced by Paul Ryan and House Republicans (and endorsed by Mitt Romney) would make the lopsidedness far worse – dramatically cutting taxes on the rich and slashing public services everyone else depends on.

Healthcare Jujitsu

obama bb king

Robert Reich: With a bit of political jujitsu, the President could turn any such defeat at the Supreme Court into a victory for a single-payer healthcare system – Medicare for all.

Bye Bye American Pie

obama uaw

Robert Reich: Although the nation is now producing more goods and services than it did before the slump began in 2007, we’re doing it with six million fewer people.

The GOP’s Big Investors

Robert Reich: Have you heard of William Dore, Foster Friess, Sheldon Adelson, Harold Simmons, Peter Thiel, or Bruce Kovner? If not, let me introduce them to you. They’re running for the Republican nomination for president.

The Gas Wars

oil wars

Robert Reich: Nothing drives voter sentiment like the price of gas – now averaging $3.56 a gallon, up 30 cents from the start of the year. It’s already hit $4 in some places. The last time gas topped $4 was 2008.