Robert Reich: The fact is, global corporations have no allegiance to any country; their only objective is to make as much money as possible — and play off one country against another to keep their taxes down and subsidies up.
Tom Degan: And of course, just like their silly “Contract with America” sixteen years ago, the voters will more-than-likely hand the congressional majority back to these corrupt dingbats on Election Day. And when the 112th Congress is sworn in this January, their so-called “pledge” (just like the contract of yore) will be rendered merely as dust in the wind.
by Adam Eran – The Census Bureau reports that California ranks 10th among states in income, but only 22nd in tax burden. Nevertheless, the Republican mantra has been that higher taxes are so damaging that government should avoid them at all costs — especially in downturns like the current one. This sentiment is so pervasive [...]
As corporate media reports obsessively on Joe The Plumber, who misrepresented himself to Barack Obama saying he’d be victimized by Obama’s tax plan, Americans more in need than Joe are being victimized for REAL everyday – not in hypothetical ways like Joe’s imagined fears of paying rich people’s taxes even though he isn’t rich. But [...]