President Obama: Please Raise My Taxes!

obamas on staircase

Ted Vaill: The Bush tax cuts decreased the top personal income tax rate from 39.6% to 35%. A hypothetical millionaire who had $1,000,000 in adjusted gross income in each of the past 10 years benefitted by over $200,000. It is time for payback. Do it.

$1.4 Billion to Houston from Immigration Legalization

houston texas

Michele Waslin: If all unauthorized workers in the Houston region were legalized and they and their employers paid Social Security, Medicare, unemployment insurance, and federal income taxes, additional tax revenues would exceed $1.4 billion.

The Great Switch by the Super Rich

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Robert Reich: Forty years ago, wealthy Americans financed the U.S. government mainly through their tax payments. Today wealthy Americans finance the government mainly by lending it money.

Tax Reform: Close the Bank of America-Size Loop Hole

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Tina Dupuy: The middle class and small businesses have been wrecked by “too big to fail” Goliaths who engaged in ethically reprehensible – yet shockingly legal practices.

Why We Really Shouldn’t Keep the Bush Tax Cut for the Wealthy

wealthy tax cuts

Robert Reich: Restoring top earners’ marginal tax rates to what they were during the Clinton administration (36 and 39 percent) won’t inhibit their spending. That’s because they already save a large portion of what they earn, and already spend what they want to spend.

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