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.

Bungee-Jumping Over the Fiscal Cliff

bungee jump

Robert Reich: Excuse me for sounding impertinent, but isn’t this fear-mongering likely to buttress Republican arguments that the Bush tax cuts should be extended for everyone — including the rich?

Shiela Kuehl on Prop 38

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Shiela Kuehl: Proposition 38, which amends state statutes (not the Constitution) to increase state income tax for any Californian earning more than $7316 a year, and allocates the increased revenues to K-12 education, state debt and early childhood education.

Republicans Double Down Against Occupy Movement

occupy los angeles

Randy Shaw: In case you missed it, the Republican Party has unified behind a budget plan that provides massive new tax breaks for the wealthy while cutting student aid, Medicaid, and nearly every federally funded non-military program.

Newt’s Tax Plan, and Why His Polls Rise the More Outrageous He Becomes

the gingrich

Robert Reich: The more irresponsible his bomb-throwing, the more attractive Gringrich becomes to a sizable portion of Americans so fed up they feel like throwing bombs.

The Flat-Tax Fraud, and the Necessity of a Truly Progressive Tax

flat tax

Robert Reich: Simple fairness requires three things: More tax brackets at the top, higher rates in each bracket, and the treatment of all sources of income (capital gains included) exactly the same.

Why We Must Raise Taxes on the Rich

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Robert Reich: It’s tax time. It’s also a time when right-wing Republicans are setting the agenda for massive spending cuts that will hurt most Americans.

Why Raising Taxes on the Wealthy Helps Everyone, Including the Rich

taxes

Howard Roth: It does not make sense to tax that lower fifty percent of the population with 2.5 percent of the the total wealth, because practically all of their income is money already in circulation. You need to take the money from the top ten percent.

Are Obama, Democrats Really “Remaking Washington”?

reagan obama

Randy Shaw: while Obama and the Democratic Congress have achieved major gains, there is a entire other range of critical issues — the record military budget, increased troops in Afghanistan, inaction on both comprehensive immigration reform and EFCA, the absence of a major job creation program — where change is missing. This leaves Obama’s “remaking” far less sweeping than Ronald Reagan’s achievement in 1981.

Wanted: Persistent Progressive Propositions

Howard Jarvis, Prop 13 architect.

Right-wingers at the Howard Jarvis Taxpayers’ Association understand that elections are transitory – and a long-term approach requires going back to the voters over and over again.

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