Taxing the Rich, the Obama Way

Warren-Buffett-wide

Robert Reich: You can bet Republicans will continue to harp about the large portion of low-wage earners who pay no income taxes — without mentioning that they pay a higher portion of their incomes than anyone else in payroll and sales taxes.

Obama’s First Stand

Robert Reich: The President says a Republican proposal to extend the Bush tax cuts to everyone for two years is a “basis for conversation.” I hope this doesn’t mean another Obama cave-in.

Reagan v. F.D.R.

fdr reagan

Adam Eran: Acting together solved problems in FDR’s philosophy. Such action was the problem, in Reagan’s. Now we have experienced roughly 40 years of each. Which one produces better results?

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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