Tom Degan: The debt that the United States has incurred in the last ten years is now at a level where it’s probably insurmountable. The only solution (and that’s assuming there is a viable solution) will involve taxes – decades of serious taxation.
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.
Fox News promoted what was called “Tea Party Protests” which were to occur on April 15, 2009. Some called it Anti-Tax Day. It was an effort to get some traction going for the right wing to protest taxes. The name is a play on the original “Boston Tea Party” when American colonists protested the British [...]
The furor over the non-payment of taxes by Tom Daschle and a few other recent nominees for public office should not obscure the deeper truth that the United States has become a nation of tax-evaders. On the simplest level, this tax evasion is exemplified by the fact that vast numbers of people, including some who [...]
The global economy has been put into the economic equivalent of a full nelson by a financial system threatening to collapse under the weight of a complicated pyramid scheme. The Bush administration sounded dire warnings and cobbled together a vaguely flushed-out rescue plan promising the injection of up to $700 billion of taxpayers’ dollars into [...]
By Mark Pash, with Brad Parker – Capitalism does significantly raise the standard of living but not for all and not enough for many. Therefore, it is up to government to take a more active role in the economy in order to overcome these flaws with as little hindrance as possible. In other words, one [...]
by Mark Pash, with Brad Parker — The economic philosophy of the Progressive Democratic Party is designed to advance human commerce for the betterment of all, while protecting the business environment from itself and the government. Commerce is not perfect and is vulnerable to both human nature and the major flaws of capitalism.